Tag: hyperexponential

Digital transformation and innovation are becoming keystones in the insurance sector's evolution. Caroline Bedford, Chief Executive at EDII, delves into the pivotal role of fostering innovation and future-focused skills in the insurance industry in the latest episode of Hyperexponential's podcast.

in the latest podcast from hyperexponential, CFC Underwriting’s Michael Brunero explores insuring emerging technologies and intellectual property.

hyperexponential and Akur8, two prominent names in the FinTech industry, have recently announced a strategic partnership.

In the ever-evolving landscape of the insurance industry, achieving meaningful change extends far beyond the realm of structural shifts and organisational adjustments. The dynamics of insurance, like any other sector, are heavily influenced by the mindsets of employees and the fabric of organisational culture. 

Aviva's Global Corporate and Specialty (GCS) has leveraged hyperexponential’s Pricing Decision Intelligence (PDI) platform, hx Renew, to build 20 new insurance pricing models in just nine months.

Within the realms of specialty and commercial insurance, there's a heightened focus on precision. These particular markets demand more than just the usual numerical analysis when it comes to policy pricing. For them, pricing is not only a combination of art and science but also a strategic influencer. As the world embraces digital advancements, those who manage to break free from traditional practices dominate the industry.

Conduit Re, based in Bermuda, and hyperexponential, a leading pricing decision intelligence (PDI) firm, have embarked on a transformative partnership.

In the evolving landscape of insurance, there is a stark need for adaptation. The rampant shift towards digitalisation has impacted the very core of how insurers operate, but the data-driven wave hasn't been smooth sailing. Underwriters and actuaries, key players in the industry, voice discontent with contemporary processes.

The aviation sector, with its rich tapestry of innovations and challenges, has always mirrored the intricacies of our rapidly evolving world. From major incidents like 9/11 and the subsequent geopolitical challenges, to facing global health crises such as the COVID-19 pandemic and the growing demands of climate action, aviation has consistently proven its resilience.

Successful pricing and underwriting transformation mandates not just a vivid vision but the sustained momentum to actualise it. This transformation isn't a one-size-fits-all approach; it varies for each business. Yet, the goal remains consistent: refining the process of assessing and insuring risk.