On this episode of FNO: InsureTech, Rob Beller sits down with Eran Tirer, founder and CEO of Ledgertech, an AI-driven core insurance platform that is rethinking how carriers build, manage, and scale their operations. With a background as an attorney, a graduate of the Israeli military’s Software Engineering Academy, and a serial entrepreneur with multiple successful exits, Eran brings a sharp, pragmatic perspective to one of the industry’s biggest challenges: modernizing the insurance core.

From Israeli military tech to insurance infrastructure
Eran’s journey into insurance was anything but traditional. After years building and exiting technology companies, his exposure to insurers through prior ventures revealed a consistent pattern: deeply entrenched legacy systems slowing everything down. That realization became the foundation for Ledgertech.

What Ledgertech actually builds
Ledgertech is an AI-driven, cloud-native policy administration platform designed to replace outdated core systems. More than that, it serves as a full-stack digital foundation for insurers, enabling everything from product configuration to underwriting, policy management, and claims within a single environment.

The platform is built with a low-code, no-code approach, allowing insurers to launch and iterate on products far faster than traditional systems. Instead of taking 12 to 18 months to bring a product to market, Ledgertech compresses timelines dramatically, turning speed into a real competitive advantage.

AI across the entire policy lifecycle
Where Ledgertech stands out is in how deeply AI is embedded across the platform. From product creation to underwriting and onboarding, AI acts as a copilot. Rather than working through long, static questionnaires, users can interact with conversational AI that guides decisions, recommends coverage, and streamlines workflows.

This extends into claims and ongoing operations, creating a more dynamic and responsive experience for both carriers and their customers. The goal is not just efficiency, but better decision-making at every step.

The legacy core problem
A major theme throughout the conversation is the growing urgency around replacing legacy systems. For years, insurers operated under the mindset of “if it isn’t broken, don’t fix it.” But that reality has shifted. The rise of AI and cloud-based ecosystems has exposed the limitations of older platforms, especially their inability to effectively access and leverage data.

This has created a turning point where modernization is no longer optional, but essential to staying competitive.

Embedded insurance as the entry point
Ledgertech initially entered the market through embedded insurance, using it as a strategic entry point. While many embedded solutions focus on narrow use cases, Ledgertech invested in building a full-scale core system from the ground up.

That investment is now paying off, enabling the company to expand into broader digital transformation initiatives with carriers looking to modernize without taking on unnecessary risk.

Rebuilding the core without the disruption
One of the most compelling aspects of Ledgertech’s approach is its ability to run alongside existing systems. Rather than forcing a full replacement overnight, the platform allows insurers to modernize gradually, product by product. This reduces risk while still delivering meaningful progress.

Rob wraps the episode reflecting on a broader shift in the market: a new wave of InsureTech founders who combine deep technical expertise with a growing respect for the complexity of insurance. Eran fits squarely into that category, building not just for disruption, but for long-term alignment with the industry.

Listen to Episode 302 wherever you get your podcasts.