hyperexponential, a company specialising in pricing decision intelligence solutions, and Send, a provider of underwriting workbench capabilities, have joined forces in a partnership which integrates their technologies to create a comprehensive pricing ecosystem tailored for insurers.
This collaboration enables users of hyperexponential’s hx Renew platform to seamlessly connect with Send’s underwriting workbench.
Richard Gunn, Chief Revenue Officer at hyperexponential, commented: “Our partnership with Send represents our ongoing commitment to offering insurers a best-in-class, deeply interconnected pricing ecosystem. This integration empowers underwriters to achieve greater efficiency and accuracy in their pricing decisions, ultimately driving business success for insurers.”
With an understanding of underwriters and the Specialty & Commercial sector, both companies aim to streamline the underwriting and pricing processes, ultimately enhancing efficiency and accuracy for insurers.
Andy Moss, CEO and co-founder at Send, said: “The emerging insurance ecosystem thrives on partnerships between innovative companies, working together to provide industry-leading solutions for their customers and streamline complex, time-consuming processes.”
“This partnership further enriches our award-winning Underwriting Workbench, giving customers seamless access to hyperexponential’s intelligent pricing models, without having to switch between systems or manually re-key data. We’ve already seen this partnership in action with several global insurance carriers and look forward to helping other insurers reap the benefits,” further added Moss.
Insurers leveraging this integration will benefit from faster and more accurate responses, reducing the time spent on data inputting and gaining a crucial competitive edge. The partnership has already been validated through live customer use cases with leading insurers, demonstrating its effectiveness.
