Mea

Mea Platforms Group, based in Bermuda, delivers an AI-driven solution that optimizes workflows in the (re)insurance sector through automation, enhancing processes from underwriting to claims handling. Founded in 2021 and headquartered in Hamilton, Bermuda, Mea Platforms Group specializes in AI-driven solutions for the (re)insurance industry, focusing on automating and enhancing processes. In February 2026, Mea raised USD 50 million in growth capital funding led by Scottish Equity Partners. Mea Platforms Group's primary offerings include an AI-driven platform designed to enhance underwriting, automate submission ingestion, enrich risk data, and streamline claims handling within the (re)insurance sector.

The platform employs a proprietary domain-specific language model, ora, to efficiently extract and normalize data from client documents, facilitating improved operational efficiency for global insurers, brokers, Managing General Agents (MGAs), and reinsurers, primarily in North America and Europe. Mea Platforms Group generates revenue through subscription-based services and partnerships with clients in the insurance sector. Clients typically subscribe to the platform to access its suite of AI-driven solutions, including automated underwriting and claims management, which involves annual licensing fees and variable transaction fees based on usage. The intelligent underwriting solution is critical in driving these transactions, influencing client efficiencies and scaling their investment in the platform.

In February 2026, Mea Platforms Group raised USD 50. 00 mn in growth capital funding to support further product development and enhance customer engagement. The company aims to launch new features within its platform. Additionally, Mea plans to expand into new geographic markets, specifically targeting regions in Asia by late 2026, leveraging the recent funding to scale its operations and enhance its offerings.