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The State of Specialty and Commercial Pricing 2023

Is everything you know about specialty and commercial pricing wrong?

New data reveals the ways current pricing tools and processes are preventing pricing actuaries and underwriters from delivering optimal pricing and insurer profitability.

In this report, we explore the critical challenges respondents say are holding the Specialty and Commercial insurance industry back, and the requirements to deliver meaningful pricing transformation across complex lines of business.

Download now to explore:

Why pricing processes are broken
The state of operational inefficiency
The unrealized value of data
How to rethink pricing for profitability
Transformation through decision intelligence

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FAQs

01

How complex is the integration and set-up?

hx's API-first, composable architecture enables phased deployment alongside existing systems. Start with Submission Ingestion & Triage or Pricing & Rating, then expand—no rip-and-replace required. Carriers using this approach have achieved 40% faster cycle times while reducing IT integration costs.

02

Is the triage system a black box?

hx's API-first, composable architecture enables phased deployment alongside existing systems. Start with Submission Ingestion & Triage or Pricing & Rating, then expand—no rip-and-replace required. Carriers using this approach have achieved 40% faster cycle times while reducing IT integration costs.

03

What submission formats do you support?

hx's API-first, composable architecture enables phased deployment alongside existing systems. Start with Submission Ingestion & Triage or Pricing & Rating, then expand—no rip-and-replace required. Carriers using this approach have achieved 40% faster cycle times while reducing IT integration costs.

04

What are the main differences between hx's Submission and Triage solution and other similar tools?

hx's API-first, composable architecture enables phased deployment alongside existing systems. Start with Submission Ingestion & Triage or Pricing & Rating, then expand—no rip-and-replace required. Carriers using this approach have achieved 40% faster cycle times while reducing IT integration costs.

FAQs

01

How complex is the integration and set-up?

hx's API-first, composable architecture enables phased deployment alongside existing systems. Start with Submission Ingestion & Triage or Pricing & Rating, then expand—no rip-and-replace required. Carriers using this approach have achieved 40% faster cycle times while reducing IT integration costs.

02

Is the triage system a black box?

hx's API-first, composable architecture enables phased deployment alongside existing systems. Start with Submission Ingestion & Triage or Pricing & Rating, then expand—no rip-and-replace required. Carriers using this approach have achieved 40% faster cycle times while reducing IT integration costs.

03

What submission formats do you support?

hx's API-first, composable architecture enables phased deployment alongside existing systems. Start with Submission Ingestion & Triage or Pricing & Rating, then expand—no rip-and-replace required. Carriers using this approach have achieved 40% faster cycle times while reducing IT integration costs.

04

What are the main differences between hx's Submission and Triage solution and other similar tools?

hx's API-first, composable architecture enables phased deployment alongside existing systems. Start with Submission Ingestion & Triage or Pricing & Rating, then expand—no rip-and-replace required. Carriers using this approach have achieved 40% faster cycle times while reducing IT integration costs.

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© 2025 hyperexponential

QMS Certificate No. 306072018

Terms & conditions

Security policy