Tag: hx Renew
5 key benefits of hx Renew for IT
Innovations in pricing decision intelligence are reshaping the landscape of the insurance industry, with hx Renew emerging as a pioneering platform at the forefront of this transformation. As the world’s first of its kind, hx Renew not only unlocks substantial value and industry-leading performance across the pricing process but also offers seamless implementation within existing systems, ensuring flexibility, scalability, and security.
Unlocking insurer success: The power of data integration with hx Renew
In the evolving landscape of insurance, the adage "knowledge is power" has never been more pertinent. This is especially true in an era where data acts as the lifeblood of decision-making processes.
5 ways hx Renew can be a game-changer for MGAs
In the dynamic landscape of insurance technology, hx Renew has emerged as a transformative force, empowering the world’s leading insurers of complex risks to revolutionise their pricing and underwriting strategies. hyperexponential delves into the five key advantages that make hx Renew a game-changer for modern Managing General Agents (MGAs).
Python in insurance: Paving the way for actuaries and insurers
The insurance sector, traditionally slow in embracing modernisation, is progressively adopting programming languages to refine workflows and bolster decision-making capabilities. Among these, Python has...
Enhancing insurance accuracy and efficiency with hx Renew technology
In the rapidly evolving landscape of InsurTech, a new game-changer has emerged: hx Renew. This cutting-edge platform is redefining how actuarial teams operate, offering...
The future of reinsurance: Technology and skills gap in focus
The state of reinsurance pricing in 2023 is under scrutiny. With the landscape of risks evolving at an unprecedented pace, reinsurers are facing significant barriers to optimally underwriting risks. A staggering 70% of underwriters acknowledge that this rapidly changing environment presents the greatest challenge to their ability to underwrite risks effectively.
Conduit Re Adopts hyperexponential’s PDI Platform
Conduit Re, based in Bermuda, and hyperexponential, a leading pricing decision intelligence (PDI) firm, have embarked on a transformative partnership.
A guide to Lloyd’s pricing Maturity Matrix for insurers
The Lloyd’s 'Principles of Doing Business', launched in 2022, is a comprehensive 156-page framework designed to guide managing agents on the standards of excellence across different facets of insurance - from pricing and underwriting to governance and culture. Yet, with its length and detail, it isn't light reading.
Transforming insurance pricing through decision intelligence
Understanding and effectively applying pricing decision intelligence is pivotal in improving profitability for insurers. Despite its significance, the industry grapples with successfully transforming their...
From stagnation to transformation: How pricing reshapes the digital landscape for...
Digital transformations have spurred exponential profitability across various sectors including ridesharing, retail, banking, and travel. However, according to hyperexponential, despite being a data-rich sector, the insurance industry has been slower in achieving this level of growth.