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Pricing decision intelligence for insurers

Turn unruly data into powerful pricing decisions

Achieve superior combined ratios with hx Renew – the only pricing system that moves at the speed of our market

3-6%

pts combined ratio improvement

50%

faster quote to bind times

3-6%

pts combined ratio improvement

50%

faster quote to bind times

3-6%

pts combined ratio improvement

50%

faster quote to bind times

3-6%

pts combined ratio improvement

50%

faster quote to bind times

10x

faster model build and deployment

$37bn+

GWP contracted through hx Renew annually

20+

enterprise customers across the globe

10x

faster model build and deployment

$37bn+

GWP contracted through hx Renew annually

20+

enterprise customers across the globe

10x

faster model build and deployment

$37bn+

GWP contracted through hx Renew annually

20+

enterprise customers across the globe

10x

faster model build and deployment

$37bn+

GWP contracted through hx Renew annually

20+

enterprise customers across the globe

hx Renew is used by leading insurers across the globe to write $37bn in GWP per annum

Insurance insider honours 2023

hx Renew named InsurTech Product of the Year

"No hype – they are delivering.”

We're able to identify where the business isn't performing and where decisions are needed because with hx Renew we can get more data, more quickly. 

Shyam Bhayani | Head of pricing

Optio is always looking for ways to embed technology and transform all areas of the business, and the decision to introduce a more data-driven approach to underwriting through hx Renew enables us to harness data, improve our performance, and drive profitability.

Kevin Cleary | CIO – Optio

hyperexponential has been supportive in working with Convex to evolve our data capabilities, and the hx Renew platform has evolved alongside our business. hx Renew operates with data reliability, enabling best-in-class service and advanced live insights to the Convex portfolio.

Mike Hansen | Head of Aerospace - Convex

hyperexponential have not only created a modern cloud-based pricing platform designed for the next generation of actuaries and underwriters, but also a scalable and flexible solution that should enable our digital and technology strategy.

Erdal Atakan | CIO - Inigo

Decision intelligence for insurance pricing

hx Renew transforms insurance pricing engines by creating a tight feedback loop between data, insights, and decisions.

Agility

Build, deploy, and refine pricing models with ease

  • Build models 10x faster in native Python

  • Deploy in a few clicks without reliance on IT

  • Leverage ready-made and reusable components

Connectivity

Create an integrated underwriting workflow

  • Reduce submission-to-bind time by 50%

  • Leverage API integrations to eliminate rekeying and surface insights for decisions

  • Accelerate peer review with automation

Proficiency

Drive profitable pricing decisions with the right context

  • Track live rate change and portfolio performance

  • Run rapid what-if analyses and develop high-quality management information

  • Visualise data in custom dashboards

Secure & scalable infrastructure

Secure & scalable infrastructure

  • Flexes to your requirements

  • Continuous platform enhancements

  • ISO 27001 certified

Enterprise support

Enterprise support

  • Dedicated CSM team for day-to-day support 

  • Actuarial expertise on-hand for ongoing and one-off project support

Training & certification

Training & certification

  • Comprehensive onboarding 

  • Python skills training 

  • Customer events and workshops 

We’re already helping leading insurers write more profitable business

  • Convex
  • Conditure
  • Markel
  • HDI
  • Aviva
  • Beazley
  • AIG
  • Longtail Re

You heard it here first

Research, news, and opinions to help insurers make intelligent decisions

  • The complete guide to pricing decision intelligence

    Read more
  • Lloyd’s Pricing Maturity Matrix: 13 best practices to help you achieve pricing excellence

    Read more
  • The case for change: Transforming underwriting for tomorrow

    Read more

Learn more about what hx Renew can do for your business