2026-09-17 · Source: ARTEMIS Reinsurance
Summary in 3 Points • Pillar Capital Management adopts Ultrassure for AI-driven contract review and underwriting workflows • Ultrassure enhances team collaboration and decision-making in complex contract documentation • Pillar Capital manages approximately US $4.3 billion in ILS assets --- Pillar Capital Management, a Bermuda-based specialist in collateralised reinsurance and insurance-linked securities (ILS), has integrated Ultrassure, an AI contract intelligence platform, into its contract review and underwriting processes. Ultrassure is designed to help insurers and reinsurers efficiently organise and search contractual information while maintaining links to the original documents. The platform also facilitates team collaboration on complex contract documentation, supporting human expertise in the review and decision-making process. Pillar Capital Management chose Ultrassure following a thorough evaluation, with Chief Underwriting Officer Jeff Franklin noting the platform's strong understanding of the reinsurance business. For the **London Insurance Market**, the adoption of Ultrassure by Pillar Capital Management highlights the increasing role of **artificial intelligence** in enhancing contract management workflows. This development is particularly relevant for the **reinsurance** sector, where complex contract documentation is common. The use of AI platforms like Ultrassure can streamline processes and improve accuracy, potentially influencing how London Market reinsurers approach contract review and underwriting. With Pillar Capital managing around US $4.3 billion in ILS assets, their move may signal a broader trend towards AI adoption in the ILS space, which could impact London-based ILS fund managers and reinsurers offering ILS-style investment opportunities. **Underwriters** and **brokers** in the London Market should consider the implications of AI-driven platforms like Ultrassure on their contract review processes. The integration of such technology can enhance efficiency and accuracy, reducing the time and resources spent on manual contract analysis. **Risk managers** should assess the potential benefits of AI in improving decision-making and collaboration within their teams, particularly in handling complex reinsurance contracts. As AI continues to evolve, staying informed about technological advancements and their applications in the insurance and reinsurance sectors will be crucial for maintaining a competitive edge.