API-driven distribution
Brokers can submit risk requests directly from their systems, reducing email handling, re-keying and manual submission work.
Smartek platform · Available now
Smartek TakafulPurpose-built for Takaful.
A purpose-built Takaful underwriting and distribution platform designed around Takaful workflows, financial structures and broker distribution.
Platform overview
Smartek Takaful
Smartek Takaful is built specifically for Takaful insurance business rather than added as a module to a conventional insurance system. It supports API-driven distribution, automated underwriting and the reporting structures Takaful operations need.
Straight-through processing
Configurable pricing and underwriting rules evaluate qualifying business and can automatically issue policy schedules.
Manual review where it matters
Business outside defined rule parameters is routed to an underwriter for review rather than being automatically approved.
Mid-term adjustments
Brokers can manage MTAs through their own systems or a dedicated broker portal with consistent automated-or-reviewed logic.
Takaful financial reporting
Reporting supports contribution, participant fund position after Wakala fees, liability premium, IPT, commission, retention and work-out.
Broker & compliance management
Centralised broker records, KYC/KYB and automated AML and PEP screening with audit traceability.
Current scope: live product lines currently include Places of Worship and Schools, with additional commercial and residential property capability in development. Claims management remains on the roadmap.
How it’s built
The essentials
Cloud-native
Hosted on enterprise cloud infrastructure, with UK data residency.
Secure by design
Enterprise-grade access controls and an active, ongoing security assurance programme.
AI, used thoughtfully
Some platforms use AI to assist underwriters; others are deliberately rule-based where predictability matters more. Every AI output is reviewed by a person before it’s relied on.
API-first
Built to integrate with the systems you already use, including direct broker connectivity.
How it works
How a risk actually moves through the system
1
Submission arrives
A broker submission lands in the underwriting mailbox and is picked up automatically.
2
Structured risk created
AI-assisted extraction turns the submission into a structured risk record for the underwriter to review.
3
Underwriter assesses
The underwriter reviews the extracted information, applies judgement, and progresses the risk — every AI output checked by a person before it's relied on.
4
Approval routes automatically
Depending on value, the risk is approved directly or routed to the appropriate supervisor — without anyone needing to remember which threshold applies.
5
Bind, finance, and reporting follow through
Once bound, the risk feeds finance operations and portfolio reporting automatically — the same record, start to finish.
500+Risks managed across live product lines
Why Smartek
Built for companies who want proof, not promises
Proven, not promised
Smartek InsureX is implemented and actively used by a UK-based reinsurance company — 5,000+ risks managed, not a demo.
Deploy your way
SaaS subscription or in-house deployment — your infrastructure, your choice.
Built by insurance people
Our team has underwritten risk, managed brokers, and run claims — not just written code for it.
API-first
Straightforward to integrate with the systems you already run.
Right-sized
Modern technology without the multi-year enterprise implementation.
Honest roadmap
We tell you plainly what’s live today and what’s still being built.
Deployment
Choose how you deploy
Subscription (SaaS)
Hosted by Smartek. Fast to start, predictable monthly cost, managed as a secure cloud service.
In-house deployment
Run within your own infrastructure for organisations with specific data residency, governance or control requirements.
Who we serve
Built for insurance, not adapted for it
ReinsuranceTakaful insuranceMGAsBrokersSpeciality insurance
See what a live platform looks like
Most demos show you a concept. Ours shows you something already running.