Reinsurance News

hyperexponential

96% of underwriters & actuaries say pricing tech needs improvement: hyperexponential

13th August 2024

hyperexponential, a pricing platform for global re/insurers, has observed that while new technology has opened up significant opportunities, issues with the broader ecosystem and outdated systems are hindering innovation and limiting insurers' efficiency, profitability, and collaboration. As per the firm's State of Pricing 2024 report, a massive 96% of underwriters and ... Read the full article

hyperexponential and Send partner to transform insurance pricing ecosystem

12th June 2024

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 ... Read the full article

hyperexponential appoints Risa Ryan as Head of US P&C

29th May 2024

hyperexponential, a UK-based pricing decision intelligence platform for re/insurers, has appointed Risa Ryan as Head of US P&C. According to the firm, this move represents a significant milestone after growing rapidly over the last few years. Ryan has more than 25 years of industry experience, having spent over a decade with Munich ... Read the full article

hyperexponential targets US expansion with close of $73m Series B funding round

11th January 2024

London headquartered provider of pricing decision intelligence (PDI) software, hyperexponential, has closed its $73 million Series B funding round, which will support its expansion into the U.S., and greater investment in new product capabilities to meet increased demand. This latest funding round was led by Battery Ventures, a global technology-focused investment ... Read the full article

hyperexponential & Akur8 to power data-driven specialty & commercial pricing

20th November 2023

hyperexponential and Akur8 have announced a new partnership that will integrate their complementary pricing decision intelligence (PDI) capabilities. This collaboration aims to offer insurers an automated, data-driven system for accurately pricing commercial and specialty insurance products. Samuel Falmagne, Chief Executive Officer, Akur8, commented, "We're delighted to partner with hyperexponential. We not only ... Read the full article