Insurance innovator Kayna targets US and UK market expansion

Anna-Marie Turley of Enterprise Ireland with Kayna chief executive Paul Prendergast, Minister of State Robert Troy, Kayna chief technical officer Peter Bermingham and Anne Lanigan of Enterprise Ireland.

Insurance company Kayna plans to create 13 jobs in Cork over the next two years as the company expands into the US and UK markets. 

Kayna is a technology enabler that helps integrate embedded insurance solutions.  The InsurTech firm was founded in 2021 by Paul Prendergast and Peter Bermingham. Kayna’s platform is targeting SME sectors such as construction, hospitality, and legal services. The company founders say the company model addresses a critical market gap, with 40% of small businesses in the US alone without insurance.