HomeFinancePeak3 launches the first global insurance AI-DLC cutting technology costs and delivery...

Peak3 launches the first global insurance AI-DLC cutting technology costs and delivery times by 50%

Peak3

London, UK – 24 September 2026 – Peak3, a global provider of digital and AI-driven insurance software, has launched Graphene Harness, the first global insurance AI-DLC, dramatically reducing the cost and time required to build, implement, and maintain insurance technology.

Graphene Harness applies AI across the entire software delivery lifecycle, from business analysis and architecture through engineering, testing, migration, deployment, and maintenance.

With Graphene Harness, Peak3 is already achieving a 50% reduction in end-to-end new-feature development and core system implementation costs for customers, with a target of 80% within 18-36 months.

Rather than using AI simply as a coding assistant, Graphene Harness operates as a virtual technology team. To achieve this, Peak3 has distilled the knowledge of business analysts, architects, engineers, testers, and reviewers into digital AI counterparts and connected them through one governed delivery environment.

Bill Song, CEO of Peak3, said: “With Graphene Harness, we are disrupting the market to the benefit of our customers. We are doing this by moving from selling software and related services to selling the production line that builds it, our entire AI delivery lifecycle (AI-DLC).

“Insurance technology has traditionally been tied to large teams, lengthy implementation programmes, and high costs. AI fundamentally changes that model. Our ambition is to enable insurers to build and change their technology much faster, at significantly lower cost, while retaining the governance and control required for mission-critical insurance systems.”

The launch of Graphene Harness comes alongside Graphene v4, the latest generation of Peak3’s AI-native insurance core platform. It features an upgraded agent orchestration and run-time platform, enhanced agent interfaces and a marketplace of pre-built AI agents, enabling insurers to build, deploy, monitor, and govern AI across life, health, and P&C insurance.

Pre-built agents support areas including medical underwriting, conversational FNOL, intelligent document processing, and fraud, waste, and abuse in claims.

AI agents can also reconfigure insurance products, calculations, and rules using natural-language instructions and unstructured documents, reducing complex configuration work that previously took days to hours or even minutes. Access management, attribution, and detailed logging provide controls over what individual agents are permitted to do.

Graphene Harness is already used by Peak3 to build and maintain its own Graphene platform and is being made available to selected implementation partners, with plans to extend availability to clients over the next six to 12 months.

 

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