Archipelago
Archipelago, founded in 2019, offers a suite of applications for property data management and serves property insurance brokers, owners, and underwriters, with over 1.3 million properties represented on its platform.
About Archipelago
Archipelago, founded in 2019, is a company that focuses on property data management. It offers a suite of applications, including SOV Manager, PreCheck, Enrichment, and Submission, which cater to the needs of property insurance brokers, property owners, and underwriters. With a comprehensive property data model that includes a schema, AI/ML transformations, and document-based enrichment, Archipelago supports over 400 accounts with dynamic portfolios and engages with over 2,500 underwriters from leading carriers and reinsurers.
Services Offered by Archipelago
Archipelago provides a range of services focused on property data management. Its solutions include SOV Manager for data management, PreCheck for data verification, Enrichment for data enhancement, and Submission for streamlined data submission processes. These tools are designed to improve the quality and usability of property data, offering a secure alternative to traditional spreadsheet-based management through server-side encryption and AWS hosting. Additionally, Archipelago offers productivity software that pairs data management with interactive analytics, dynamic reporting, and visualizations of property portfolios.
Awards and Recognition
Archipelago has received several prestigious awards for its innovation in property data management. The company was honored with the Best in Show award at RIMS RISKWORLD. Additionally, Archipelago received the NU PropertyCasualty360 2022 Technology Innovation Honoree award and the 2022 Innovation Awards for its AI-driven commercial property risk platform. These accolades highlight the company's contributions and advancements in the proptech sector.
Security and Compliance Measures
Archipelago places a strong emphasis on data security and compliance. The platform uses AWS as its hosting provider and employs server-side encryption for data at rest to ensure secure management of property data. In 2022, Archipelago achieved SOC 2, Type 1 attestation across its platform, demonstrating its commitment to maintaining high standards of security and regulatory compliance.
Global Presence and Customer Base
With offices in San Francisco, New York, and the Netherlands, Archipelago serves a global customer base. The platform represents over 1.3 million properties and supports more than 400 accounts with dynamic portfolios. Archipelago engages with over 2,500 underwriters from leading carriers and reinsurers, providing tools that automate data gaps and offer actionable intelligence through machine learning-driven transformations.