Peak3, a global provider of digital and AI-driven insurance software, has announced Graphene v4, the AI-native evolution of its insurance core platform, and Graphene Harness, an end-to-end AI-driven delivery lifecycle (AI-DLC) for building, testing, migrating, and maintaining insurance systems.
Insurance is among the most complex and heavily regulated industries, and among the slowest to change its software. Graphene Harness applies AI not to a single step of the work, but to the whole production line that builds and maintains the mission-critical systems and agents insurers run on.
Bill Song, chief executive officer of Peak3, emphasised the significance of the launch.
"We are disrupting ourselves. Peak3 is moving from selling software and related services to selling the production line that builds it — our entire AI-DLC," said Song.
Graphene v4: a governed core for agents across Life, P&C, and Health
Graphene v4 includes the Graphene Agent Platform, an upgraded agent orchestration and run-time platform with a marketplace of pre-built AI agents, and enhanced agent interfaces. The platform is model-agnostic and manages the full agent lifecycle: build, onboard, execute, observe, evaluate, and govern.
The marketplace comes with diverse pre-built agents, such as for medical underwriting, conversational FNOL, intelligent document processing, and fraud, waste, and abuse detection in claims. With Graphene v4, AI agents move beyond running the business to changing it, reconfiguring insurance products, calculations, and rules based on unstructured documents and natural language prompts, while staying grounded in the insurer's own knowledge and data. Complex configuration work that traditionally takes days is completed in minutes to hours.
Graphene v4 is open and headless by architecture, exposing its capabilities to agents through APIs, MCP, and CLI, enabled by a full microservices architecture. Graphene controls what each agent is allowed to do through access management, strict attribution, and detailed logging, enforcing restrictions at code-level rather than through soft guardrails at prompt-level. The Graphene Agent Platform is included in Graphene v4 and can also be deployed standalone, on top of an insurer's existing core systems, running as a lightweight middle layer between AI agents and existing systems of record.
Graphene v4 also widens what the platform covers across all three major business lines. In Health, it completes the insurance lifecycle, supporting group health end to end and adding provider network management. In P&C, commercial lines coverage broadens with marine cargo, engineering, surety, and cyber products, while co-insurance and reinsurance are now administered inside the core. In Life, it adds indexed universal life as a natively configured product line and can administer crypto-denominated policies end to end. Takaful products are now natively supported on the same core as conventional business.
Song said health had been the firm's strategic priority in 2026.
"Health insurance has been Peak3's strategic priority in 2026. It touches people's most fundamental needs and it's where technology can deliver outsized impact. Graphene v4 is my vision of the world's best health insurance platform. Besides enhancing general capabilities, we have been focused on the Indian market. We expect to launch there in the coming months and target to make health insurance more accessible for tens of millions of Indians in the coming years," said Song.
Graphene Harness: the first global insurance AI-DLC
Graphene Harness is an end-to-end AI-driven delivery lifecycle for insurance software, built on a virtual scrum team model. Peak3 distilled the working knowledge of its most experienced staff and trained digital twins of each key role along the delivery lifecycle, including business analyst, architect, engineer, tester, and reviewer, connecting every stage into one governed system.
It is a comprehensive framework combining agent teams for every role, running on an AI engineering platform, grounded in a curated knowledge base, and connected with AI-driven testing, migration, diagnostics, and CI/CD platforms. Peak3 builds and maintains Graphene itself on Graphene Harness today. It is now being made available to selected implementation partners who deploy Graphene, and Peak3 intends to make it available to clients over the next 6 to 12 months.
Alongside Graphene Harness, Peak3 is expanding its forward deployed engineering capability: teams with deep insurance domain experience who build AI-first operations alongside client teams rather than delivering to them from a distance.
What this changes for the insurance industry
Insurance IT cost has been anchored to headcount and elapsed time. An AI production line breaks that link, delivering the same scope with a smaller team in a shorter cycle. Where Graphene Harness is applied, Peak3 is already achieving a 50% reduction in end-to-end new-feature development and core system implementation cost, with timelines reduced accordingly. Its stated ambition is 80% within 18 to 36 months.
Graphene Harness also drives long-term continuity and independence. An insurer using it owns the means of changing its core system, rather than depending on a vendor's delivery organisation.
