The operating system for
specialty insurance.

Specialty risk does not fit a form.
Neither do we.

Built with underwriters and brokers, by a team that speaks their language. We design the workflows together, set up the orchestration, and wire the integrations. No team of AI engineers required.

Schedule a call Contact Sales

The operating system for
specialty insurance.

Specialty insurance demands specialized intelligence.Specialty risk does not fit a form.
Neither do we.

Built with underwriters and brokers. We design the workflows, set up the orchestration, and wire the integrations. No AI engineers required.Built with underwriters and brokers, by a team that speaks their language. We design the workflows together, set up the orchestration, and wire the integrations. No team of AI engineers required.

Schedule a call Contact Sales

One platform

Submission to claims

Compounding intelligence

Platform

Workbench and workflows. One platform.

The record feeds the workflows. History tunes them.

Agentic Workbench

Builds the record from each package, verifies fields, and feeds the workflows your team already runs.

Explore the workbench

Agentic Workflows

Fitted to your practice. Built on your templates. Run from the workbench record.

Explore workflows

Line spotlight

Transactional liability.

Agentic Workbench

Submission in. Cited record out. Drafts queue for the deal in front of you.

Explore the workbench

Workbench

Transactional Liability

128 submissions

NameStageOwnerLimitCreated↓

Project MarinerQuotingKM$40MJul 22

Project BeaconTriageJR$15MJul 22

Project AtlasUnderwritingAS$25MJul 21

Project HalcyonQuotingKM$30MJul 20

Project IronBoundDT$20MJul 18

Project DeltaDeclinedJR$50MJul 17

One queue, triage to bound.

The submission flow

Live

New

Quoted

Underwriting

Bound

Industrial services· $420M EV

New14m

Specialty chemicals· $285M EV

Quoted2h

Healthcare IT· $1.1B EV

Underwriting6h

Insurance brokerage· $640M EV

Bound1d

Quoting

Lexcel drafts the quote or indication letter from the submission materials in minutes.

Non-Binding Indication Letter

Indication Letter

Draft indication letter

Policy Form

Buy-side R&W

Limit of Liability

$30,000,000

Retention

Policy Period

6 yrs

Indicative Premium

2.85% ROL

Underwriting Fee

Specific Exclusions

Underwriting

Coverage analysis on the deals you win, grounded in the submission materials.

Underwriting

Issues and Questions

1Revenue recognitionMaterial

Ask

2Concentration riskMaterial

Ask

3Tax exposureQuestion

Ask

Purchase Agreement Review(transactional liability)

Lexcel reviews every purchase agreement and provides comments grounded in your playbook.

Purchase Agreement Review

Project Atlas

Reviewed against your playbook · 2 deemed deletions · 1 deemed edit

Comments ready

Deemed deletion

In Section 4.7(b), the words "and are collectible in accordance with their terms" are deemed deleted.

Deemed edit

In Section 4.10(c), the words "to the Knowledge of the Company," are deemed inserted prior to the words "No event has occurred".

Deemed deletion

In the definition of "Knowledge", the words ", after due inquiry" are deemed deleted.

Binding

The bound policy package is assembled from the underwriting record, with the audit trail your reinsurers ask for.

Bound Policy · Declarations

Policy Package

Bound

Declarations

Policy No.

Carrier

Policy Period

6 yrs

Limit of Liability

$30,000,000

Retention

Premium Bound

2.85% ROL

Specific Exclusions

Endorsements Bound

E-01

E-04

E-07

E-12

Claims

When a notice comes in, Lexcel drafts the coverage letter from the policy, underwriting file, and deal record, with every position cited.

Inbox · Claims

Notices of claim

live

Helix · Outside counsel

Follow-up on coverage position

Reviewed your coverage letter dated Feb 22. Question on…

just now

Mariner · Buyer counsel

Claim notice — IP / open-source compliance

Buyer has identified a breach of §3.10 relating to…

Vega · Buyer counsel

Supplemental notice — state tax nexus exposure

Supplementing our March 12 notice with additional detail…

Atlas · Buyer counsel

Notice of claim — customer concentration breach

Pursuant to §10.2 of the purchase agreement, buyer hereby…

1mo

Coverage Letter

Coverage Position Letter

Draft

Insured

Acme Acquisition Co.

Policy

BUY-2024-0142

Subject Transaction

Project Atlas

Date of Notice

Mar 22, 2026

Alleged Breaches

4 representations

Loss Claimed

$6,700,000

Coverage Position

Reservation of Rights

What underwriters are saying.

Quoting [with Lexcel] goes from 3 hours of review to a half hour.

Head of Underwriting

[Lexcel] is finding insights we couldn't find before.

Head of Underwriting

The critical risk flags [Lexcel identified] are the ones we've had claims on.

VP of Underwriting

AI in underwriting isn't just efficiency. It's absolutely critical to success going forward.

Senior Underwriter

Kind of wild to see [Lexcel] in action. We've been talking about this for years.

Underwriting Team Lead

We've evaluated many AI companies. [Lexcel] is the one that actually knows underwriting and built a product tailored for it.

Head of Underwriting

Quoting [with Lexcel] goes from 3 hours of review to a half hour.

Head of Underwriting

[Lexcel] is finding insights we couldn't find before.

Head of Underwriting

The critical risk flags [Lexcel identified] are the ones we've had claims on.

VP of Underwriting

AI in underwriting isn't just efficiency. It's absolutely critical to success going forward.

Senior Underwriter

Kind of wild to see [Lexcel] in action. We've been talking about this for years.

Underwriting Team Lead

We've evaluated many AI companies. [Lexcel] is the one that actually knows underwriting and built a product tailored for it.

Head of Underwriting

Benchmark

Underwriting, side by side.

Same nine-figure M&A transaction. Same submission materials. Same scope of commercial contracts review.

Lexcel

1.6 hours

4 prompts

✓

Surfaced more material findings than the polished, attorney-reviewed final.

Today

100+ hours

4 attorneys, ~1 month

•

Polished, attorney-reviewed commercial contracts review on the same scope.

Read the full benchmark write-up for methodology, scope, and limitations.

Connects everywhere you work

Works with your existing systems.

Security & Compliance

Built for enterprise security.

SOC 2 Type II

The operating system forspecialty insurance.

The operating system forspecialty insurance.

Workbench and workflows. One platform.

Agentic Workbench

Submission in. Cited record out. Drafts queue for the deal in front of you.

Quoting

Lexcel drafts the quote or indication letter from the submission materials in minutes.

Underwriting

Coverage analysis on the deals you win, grounded in the submission materials.

Purchase Agreement Review(transactional liability)

Lexcel reviews every purchase agreement and provides comments grounded in your playbook.

Binding

The bound policy package is assembled from the underwriting record, with the audit trail your reinsurers ask for.

Claims

When a notice comes in, Lexcel drafts the coverage letter from the policy, underwriting file, and deal record, with every position cited.

Underwriting, side by side.

Connects everywhere you work

Works with your existing systems.

Security & Compliance

Built for enterprise security.

The operating system for
specialty insurance.

The operating system for
specialty insurance.