Tag: hyperexponential

hyperexponential, a global pricing platform provider for re/insurers, has introduced its first templated reinsurance pricing model, designed for treaty reinsurance, including Excess of Loss (XoL) agreements.

Key UK InsurTech investment stats in H1 2024: UK InsurTech deal activity dropped by 32% in H1 2024 YoY The average deal size completed...

Key UK InsurTech investment stats in H1 2024: UK InsurTech investments continued to drop in H1 2024, which caused the region to not report...

At the inaugural hx Live conference, hyperexponential’s co-founder and CEO, Amrit Santhirasenan, delved into the company’s innovative approach to artificial intelligence (AI), and opened up on AI’s role in revolutionising the insurance industry.

Nearly one year ago, hyperexponential launched a certification programme, beginning with the "Core Model Developer Exam." The initiative has been warmly received, with certificates and badges being awarded quarterly. The enthusiasm for this achievement is visible, with many sharing their hx Renew certificates on LinkedIn, celebrating their success.

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.

As AI continues its ascent as a transformative force in the business landscape, the InsurTech sector has found itself as the latest realm aiming to tap into its remarkable potential. InsurTech Analyst recently spoke to a host of industry experts in a bid to unravel the profound impact AI is poised to have on the space. 

The landscape of the insurance industry is undergoing a profound transformation, driven by rapid technological advancements.

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).

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...