AI Insurance & Coherent Partner to Turn Rating Spreadsheets into Live Pricing Engines

We’re excited to announce a new partnership between Coherent and AI Insurance, combining Coherent’s powerful spreadsheet-to-API automation platform with AI Insurance’s modern underwriting and policy-issuance stack. The result: insurers and MGAs can move from manual spreadsheet-based rating logic to production-ready pricing engines in weeks rather than months.

Why it matters

For too long, pricing teams have been held back by legacy rating engines, manual coding, lengthy re-deployments and outdated workflows. Spreadsheets became the de facto source of truth—but getting that logic into production often meant long delays and significant operational risk.
With this integration:

• Coherent’s Spark platform converts Excel-based models (rates, factors, fees, credits, debits) into a governed API service. 
• AI Insurance connects directly to that API, embedding it into underwriter workflows, quoting engines and policy issuance flows.
• The net effect: what used to take years or many months can now be achieved in roughly 4–6 weeks, allowing insurers to launch new programs faster and adapt dynamically to market changes. 

What this means for our clients and the broader industry

• Faster go-to-market for innovative insurance products — carriers and MGAs can respond to shifting risks and new coverage opportunities more rapidly.
• Stronger governance and model control — instead of scattered spreadsheets and manual processes, rating logic becomes a managed, auditable API service.
• Real-time adaptability — pricing factors, tax and fee structures, and credit/debit rules can be updated fluidly, reducing latency between business strategy and execution.
• Competitive advantage for carriers that embrace agility — smaller, nimbler players can now challenge incumbents by leveraging this modern stack.

Why Coherent

Coherent has been at the forefront of enterprise spreadsheet automation and intelligence, serving more than 100 leading financial services firms across insurance, banking, asset management and pensions. Our platform enables firms to extract decision logic from spreadsheets, govern and operationalize them as APIs, and deliver scalability and control in an ever-faster world.

Why AI Insurance

AI Insurance offers a next-generation cloud platform built for commercial and specialty insurance programs, replacing patchwork inboxes, spreadsheets and legacy systems with a unified, AI-enabled stack covering submission intake, underwriting, issuance, billing, claims and reporting. 

Looking ahead at this partnership

Together, Coherent and AI Insurance will enable carriers and MGAs to modernize their rating & pricing workflows — moving from static spreadsheets to live, API-powered pricing ecosystems. We look forward to supporting clients as they seize this opportunity to simplify, accelerate and govern their pricing logic, and deliver innovative products with pace and precision.