The company is leveraging this investment to drive digital transformation for insurers through its API-driven, cloud-native Software-as-a-Service (SaaS) solutions.

Fueled by strong demand for digital-first, modular, and embedded insurance solutions, Peak3 has established its European headquarters in Dublin, Ireland. The company is initially focusing its efforts on key markets including the UK, DACH (Germany, Austria, Switzerland), France, Spain, Italy, Benelux, Scandinavia, and Turkey.

Peak3’s cloud core insurance platform, Graphene, has a proven track record, supporting the issuance of over one billion insurance policies for more than fifty clients across over twenty countries, including those in Europe. The company employs over 500 professionals across R&D, delivery, sales, and operations, with teams in Japan, Southeast Asia, Greater China, and now, significant investment in local talent acquisition and development in Europe.

By modernizing legacy systems without requiring costly overhauls, Peak3 enables insurers to enhance speed-to-market, scalability, and customer engagement across multiple markets. The company also addresses the protection gap, particularly for underserved demographics such as SMEs, freelancers, gig economy workers, and younger generations.

Peak3’s Graphene platform offers a cloud-based, API-driven core system that facilitates seamless digital transformation, allowing insurers to rapidly launch tailored, digital-first products and promote greater financial inclusivity.

“Insurers across the UK and Europe face increasing pressure to modernise, reduce operational costs, meet ever-increasing compliance requirements, and improve customer engagement,” said Adrien Lebègue, CEO of EMEA at Peak3 (pictured).

He continued: “Our Graphene platform provides a flexible, scalable foundation for them to deliver digital-first insurance, harmonising operations across multiple countries and regions while ensuring seamless hybrid human-digital interactions.”

Esben Seyffart Sørensen, Chief Sales Officer, Europe, at Peak3 added: “There is a huge opportunity to bring Peak3’s expertise to Europe, where we are seeing a shift in the insurance landscape. While we are building on our significant success in APAC, we recognise that localisation is key. We are not simply replicating an APAC model but leveraging our insights and adapting them to meet local market needs.”

Peak3 addresses insurers’ challenges by providing:

• Omni-channel engagement: enabling insurers to reach customers across mobile, web, and embedded ecosystems with a seamless hybrid human-digital approach
• Digital and embedded insurance: facilitating seamless insurance integration into fintech, ecommerce, and mobility platforms
• Core modernisation: enabling insurers to transform operations using a modular, cloud-first approach
• Data-driven decision-making: leveraging AI-analytics to enhance customer retention and engagement

Peak3 is gaining significant traction, with project wins already underway in Europe, and is poised to capitalise on its momentum. Looking ahead, Peak3 envisions a more seamless and integrated European insurance ecosystem, where insurers can rapidly launch and scale innovative insurance products effortlessly.