Tag: Underwriters

In the realm of insurance, the most vital determinant of success lies in pricing strategies. Yet, a dramatic shift in how insurers formulate these crucial decisions remains elusive for many. Which leads us to the pivotal question: How can decision intelligence revolutionise the insurance landscape? Award-winning insurance pricing software provider, Hyperexponential investigates.

A hard reinsurance market, though challenging, brings forth a unique opportunity for innovation and growth. Amidst the largest capital squeeze in reinsurance since 2008, the market faces reduced capacity, intensifying the need for fast, responsive, and precise pricing strategies as pivotal drivers of growth. Solutions such as Hyperexponential's hx renew are attempting to redefine this space, enabling effective pricing strategies and take ownership of the market.

Accelerant, a data-driven risk exchange, has expanded its presence into the Canadian market by acquiring Omega Insurance Holdings, Inc. from Till Capital Ltd.

The 2023 landscape of the US Commercial P&C market reveals that traditional understandings of pricing are perhaps outdated. An overwhelming 78% of insurance providers...

Azur, a managing digital agent (MDA) has formed a partnership with Logical Glue to improve risk analysis for underwriters.