We are proud to announce our $73m Series B Learn more

Build out a market leading rating and risk assessment workflow and deliver more value to your capacity providers

hx Renew empowers MGAs and MGUs with the agility required to constantly adapt and innovate, ensuring they can offer top-tier rating and underwriting workflows. Proactively differentiate your business against the competition while maximizing value for capacity providers.

Challenges for MGAs and MGUs

Slow speed to market

Slow speed to market

The timeframe for releasing raters can often span from weeks to even months, which poses a significant challenge in a rapidly evolving market. This considerable delay can prove to be highly detrimental.

Inefficient workflows

Inefficient workflows

To boost margins, it's crucial for MGAs to optimize underwriter time. However, this task becomes progressively more challenging due to the time-consuming nature of rekeying, manual data entry, and dealing with disjointed systems.

Effective reporting

Effective reporting

Capacity providers are intensifying their demands for detailed insights into the business conducted by their MGA partners. Meeting these expectations can be challenging due to current system limitations.

How hx Renew helps

Build, deploy, and refine raters with agility

Build, deploy, and refine raters with agility

  • Speed up existing capabilities by up to 10x

  • Deploy without reliance on IT or vendor support

  • Build best-in-class raters with Python

Streamline underwriting workflows

Streamline underwriting workflows

  • Rapid peer review processes accelerate quote-to-submission

  • More data and insights available at the point of underwriting

  • Integration with wider exosystem for streamlined workflows

Take control of your data

Take control of your data

  • Capture rich and granular rating data on every risk quoted

  • Surface this information in a live cloud based database

  • Provide live reporting to your capacity providers on the risks being underwritten

One of the challenges of growing a broad, global, multi-platform (re)insurance business is ensuring that legacy systems do not limit our ability to move quickly and respond to new opportunities. hx Renew is a key part of our strategy to ensure our rating capability remains ahead of our competition as we grow and evolve.

David Tribe | Group Head of Pricing - Canopius

hyperexponential combines deep industry knowledge and modern software expertise to create a technology firm ideally tuned for the 21st century.

Paul Brand | Co-founder, Convex

We are committed to ensuring value-add rating is a core part of the underwriting process, and it is crucial that we continuously innovate to make that possible whilst harnessing the power of data and new technology. Our partnership with hyperexponential represents a significant investment in elevating our rating capabilities.

Simon Cooper-Williams | Head of Portfolio Development & Support - Markel

Learn more about what hx Renew can do for your business