What are the major trends driving change in specialty insurance and what role can technology play in transforming actuarial modelling?
Our product is Renew - a managed, web-based SaaS platform for developing, deploying, using & refining commercial & speciality pricing models. Renew is supported by enterprise SLAs and support. Whilst Renew has been built as a self-service platform, we offer bespoke engineering and model development consultancy to support specific clients on difficult, interesting challenges they may be facing as a business. We also partner with SI partners who can support clients in implementing Renew at their company.
Model Build in Renew uses a simple, intuitive approach based which follows the following steps: 1. Defining your data structure; 2. Writing your pricing algorithms; 3. Building the user interface; 4.Load your model parameters. In this section we go in to detail about how Renew helps you perform each of these.
Renew is a fully-managed SaaS platform, which (amongst other benefits) transfers responsibility for development, testing, upgrades, maintenance, backups, security, patching, monitoring, operation and/or support from your IT team to us. In this section you'll be able to learn about the Architecture of Renew, and our Development and Operations methodologies. We are also ISO 27001 and GDPR compliant - with more information as part of our Security & governance page.
Thought Leadership2 Mins
Lloyd's recently launched their 'Principles of Doing Business,' outlining the responsibilities of all managing agents. This blog covers our summary of the new principles and includes a guide on how to stay compliant.
RENEW USE CASES, CUSTOMERS2 Mins
hyperexponential (hx) are delighted to announce that leading Lloyd’s syndicate, AEGIS London, is the latest of a growing number of specialty insurers and reinsurers to adopt the Renew platform.
TECHNOLOGY, CODING HACKS4 Mins