Deal pricing and portfolio roll-up, built to run headless.

Foundation is our cloud platform for reinsurance and ILS: price deals in seconds, roll up the portfolio in real time, and surface it all through your own screens or ours. Winner of Bermuda's Tech Innovation Award.

Industry challenges we solve

Reinsurance and ILS professionals face constant pressure to make faster, better, data-driven decisions while managing risk across complex portfolios.

Deal pricing at lightning speed

No more waiting on models or spreadsheets to refresh after adjusting layer terms. Never lose deal flow again because your systems couldn't keep up with submissions.

Visualize your deals and portfolios

Dozens of graphical, interactive dashboards. See deals and portfolios in real time, including PML curves and exposure maps, and identify risks, opportunities and market trends.

Unlimited data access

Direct access to Foundation's database for deep integration with in-house systems. ClickHouse-powered analytics are fast and accurate.

Customize, customize, customize

Create your own risk metrics, entry screens, visualizations, loss data generators and legacy import screens. No two Foundation implementations are alike.

Price it. Then choose where you see it.

One pricing engine. Your screens, our screens, Power BI, or just ask your AI.

Foundation prices a deal in under half a second: add a layer, move the rate, and price, expected loss, marginal PML and portfolio impact follow. That engine runs headless, so the same numbers can appear in Foundation's own screens, in a workbench your team designs, in Power BI, or in a conversation with your AI assistant.

The last frame shows the newest surface. Connected to Foundation through MCP, your AI assistant — Claude, ChatGPT, Copilot or one you have built — can do everything a user can do in the UI: create and renew deals, change terms, run analyses, roll up the portfolio and report back, from inside your own workbench, with the same permissions and a full audit trail.

About the MCP connection →
Foundation · Deal · Atlantic Cat XL 2027Underwriter view
Layers
10 xs 102.10%
20 xs 201.40%
+ add layer
TermsInception1 Jan 2027Reinstatements2 @ 100%Rate changeflatBrokerage10%
Price
3.62%Expected loss 2.1%Marginal 1-in-100 PML +$4.2mPortfolio impact +0.8% capacity● Re-priced in 0.4 s
Marginal impact on portfolio · 1-in-100 PML by zoneNE · SE · Gulf · Carib · EU · JP · this deal
Portfolio PML after$245.2mCapacity used71.8%Return on capital13.2%Version1 of 1
Foundation · Deal · Atlantic Cat XL 2027Layer added · terms changed
Layers
10 xs 102.10%
20 xs 201.40%
30 xs 400.85%
+ add layer
TermsInception1 Jan 2027Reinstatements2 @ 100%Rate change+5%Brokerage10%
PriceUpdated
3.91%Expected loss 2.3%Marginal 1-in-100 PML +$6.9mPortfolio impact +1.3% capacity● Re-priced in 0.4 s
Marginal impact on portfolio · 1-in-100 PML by zoneNE · SE · Gulf · Carib · EU · JP · this deal
Portfolio PML after$247.9mCapacity used72.3%Return on capital14.1%Version2 of 2
Same engine. You choose the surface.Foundation runs headless
Foundation UIOurs, out of the boxDeal, portfolio and roll-up screens, ready on day one.
Your workbenchLow-code or bespokeyour screensYour underwriters’ own layout, powered by the Foundation API.
Power BIReporting and roll-upPML curves, exposure maps and portfolio views for management.
Your AI assistantAny model · via MCP"Run the renewal…"Everything the UI can do, by asking.
Foundation API · pricing engine · loss models · portfolio roll-up · analytics DB● One source of truth under all four
Your workbench + your AI assistantFoundation underneath
Renewals · 1/1Your workbench
DealExpiringQuotedStatus
Atlantic Cat XL3.62%3.91%Re-priced
Pacific Quota Share——Awaiting
Gulf Aggregate4.10%4.10%Bound
Marginal 1-in-100 PML now +$6.9m · roll-up refreshed 09:41
Your AI assistantConnected to Foundation via MCP
Renew Atlantic Cat XL for 2027 with the new 30 xs 40 layer at +5% rate, and tell me the marginal PML.
Done. Created Atlantic Cat XL 2027 from the 2026 deal, added 30 xs 40 at 0.85%, applied +5%. Price 3.91%, expected loss 2.3%, marginal 1-in-100 PML +$6.9m (+1.3% of capacity). Saved as version 2; your workbench is refreshed.
Compare with version 1 →
Same permissions as the underwriter. Every action logged.

Foundation MCP

Connect your AI to Foundation and talk to your book.

Foundation ships with a Model Context Protocol (MCP) server. Connect any MCP-capable assistant — Claude, ChatGPT, Microsoft Copilot or an agent you have built — and it can perform everything a person can through the UI: create a deal from a submission, renew last year's with new terms, generate a custom loss distribution, run an analysis, compare versions, roll up the portfolio and produce the report, all from a chat window or from an agent inside your own systems.

It works wherever your assistant works: desktop and web chat apps, coding agents, or an AI assistant you have built yourself. We are vendor-neutral by design; MCP is an open standard and the connection is the same whichever model you choose. Every action runs as the signed-in user with their permissions, and every action is logged, so the audit trail is identical to a click in the UI.

Ask to see it on a demo call.

Everything the UI can do

Deals, versions, terms, loss distributions, analyses, roll-ups, reports. If an underwriter can click it, your assistant can be asked for it.

Your permissions, your audit trail

The assistant acts as the signed-in user. Nothing it can see or change is beyond what that user could do by hand, and every call is logged.

From inside your tools

Use it from the chat app your team already has, or wire it into the workbench or agent you run. Foundation's screens are optional.

Built on an open standard

MCP is an open protocol supported by Anthropic, OpenAI, Microsoft and others, so you are never tied to one vendor's assistant.

Platform features

  1. 01AI-powered deal analysisCreate and analyze deals from written instructions: generate a custom loss distribution, compare past versions, run an analysis or renew a deal. Available to any MCP-capable AI assistant through the Foundation MCP server.
  2. 02Advanced visualizationUniquely customizable dashboards, interactive charts and real-time portfolio views: PML exceedance curves, exposure maps, event-level portfolio analysis.
  3. 03Seamless integrationDirect database access or a flexible API framework. Supports custom add-ins in C# or Python, loss files over 2GB, and low-code platforms.
  4. 04Deep customizationCustom metrics, reports, fields, tabs and dashboards in minutes, with your own formulas, validations and distributions.

Foundation in action

See how Foundation transforms reinsurance operations with tools designed for industry professionals.

Foundation screenshot: Deal pricing & analysis

Deal pricing & analysis

Price deals in seconds with customizable risk metrics and fully customizable visualizations that help you make the right risk decision.

Foundation screenshot: Portfolio visualization

Portfolio visualization

See your entire portfolio at a glance with interactive risk analysis and exposure mapping. Impress your investors; trust Foundation for better decisions.

Foundation screenshot: Customizable UI

Customizable UI

Add custom fields, tables, tabs and dashboards in minutes, including custom formulas, validations, risk metrics and distributions.

Your AI assistant · any MCP-capable modelConnected · Foundation MCP
Renew Atlantic Cat XL for 2027. Add a 30 xs 40 layer, apply the +5% rate change the broker quoted, and tell me what it does to our 1-in-100 PML.
⚙ Foundation · get_deal · Atlantic Cat XL 2026⚙ Foundation · renew_deal · 2027⚙ Foundation · add_layer · 30 xs 40⚙ Foundation · apply_rate_change · +5%⚙ Foundation · run_analysis · portfolio_rollup
Renewed as Atlantic Cat XL 2027 (version 1 of 1) from the 2026 deal. Added 30 xs 40 at 0.85% and applied +5% across all layers. Price 3.91%, expected loss 2.3%. Marginal 1-in-100 PML +$6.9m, taking the portfolio to $247.9m (72.3% of capacity).
Compare it with last year and send the summary to the renewal channel.
⚙ Foundation · compare_versions · 2026 vs 2027⚙ Foundation · export_report · renewal_summary
Versus 2026: premium +11.4%, expected loss +0.2 pts, PML contribution up $2.7m, return on capital 13.2% → 14.1%. Posted the comparison table to #renewals-2027 and saved the analysis to the deal. Anything else before it goes to the committee?

Your AI assistant, via MCP

Every action an underwriter can take in Foundation, available to any MCP-capable assistant: renew, re-price, analyse, compare and report, as the signed-in user, fully logged. Simulated conversation; model and tool names shown for illustration.

“Before implementing Foundation, our pricing process took days, used cumbersome spreadsheets and was prone to errors. Now we can price deals in seconds with confidence, run portfolio stress tests on-demand, and provide management with insightful and beautiful, interactive reports that used to take weeks to compile.”

— Chief Underwriting Officer, Specialty Reinsurer

The Foundation advantage

Your Foundation. Your advantage.

MCP: your AI runs the platform

Any MCP-capable assistant can price, renew, analyse and report in Foundation as the signed-in user. The platform becomes something your team talks to, not just clicks through.

Live portfolio impact

Every deal is priced against the book as it stands: marginal PML, capacity used and return on capital update as you change a layer, not after a batch run.

What-if scenario generator

Stress the portfolio before you commit. Generate scenarios across rate, retention, attachment and event sets and see the roll-up move in seconds.

Deal selection rules

Encode your appetite — limits by zone, peril, counterparty and return threshold — so every submission is screened against the rules the committee actually set.

Improved efficiency

Reduce deal analysis time by up to 80% and eliminate the manual processes that slow your team down.

Enterprise security

Cloud security with encryption, role-based access and compliance with industry standards.

Better decisions

Data-driven decisions with real-time analytics and comprehensive portfolio insight.

Lower cost

Enterprise-level technology at a fraction of the cost of building and maintaining it yourself — and still fully yours on top.

Questions we get asked

What is Foundation?

A cloud platform for reinsurance and ILS deal pricing and portfolio roll-up: price deals in seconds, see live portfolio impact, run what-if scenarios, and surface it through our screens, your own workbench, Power BI or an AI assistant.

What does headless mean for Foundation?

The pricing engine, loss models, roll-up and analytics database are available through an API without using Foundation's own user interface, so your underwriters can keep the screens they designed.

Which AI assistants work with Foundation?

Any MCP-capable assistant — Claude, ChatGPT, Microsoft Copilot or an agent you have built. Foundation ships with an MCP server, and the assistant acts as the signed-in user with a full audit trail.

Can we add our own risk metrics and screens?

Yes. Custom metrics, fields, tabs, dashboards, formulas, validations and loss distributions, plus custom add-ins in C# or Python.

Who uses Foundation?

ILS managers, reinsurers and brokers. Foundation is the winner of Bermuda's Tech Innovation Award.

See Foundation on your own deals.

A thirty-minute demo with the people who built it, using a deal structure you recognise.

Request a demo