Insurtechs hyperexponential and Send have announced a partnership seeking to streamline the pricing process for insurers.
hyperexponential specialises in pricing decision intelligence solutions whilst Send provides advanced underwriting workbench capabilities. The partnership will allow for the seamless integration of hyperexponential’s hx Renew platform with Send’s underwriting workbench, creating an expansive ecosystem tailored to insurers.
Richard Gunn, Chief Revenue Officer at hyperexponential, commented: “Our partnership with Send represents our ongoing commitment to offering insurers a best-in-class, deeply interconnected pricing ecosystem. This integration empowers underwriters to achieve greater efficiency and accuracy in their pricing decisions, ultimately driving business success for insurers.”
Both companies share the aim of making the underwriting and pricing processes more efficient and accurate, underpinned by their expertise of underwriters and the Specialty & Commercial Sector. The partnership has already been trialled successfully with live customers.
Andy Moss, CEO and co-founder at Send, said: “The emerging insurance ecosystem thrives on partnerships between innovative companies, working together to provide industry-leading solutions for their customers and streamline complex, time-consuming processes.”
“This partnership further enriches our award-winning Underwriting Workbench, giving customers seamless access to hyperexponential’s intelligent pricing models, without having to switch between systems or manually re-key data. We’ve already seen this partnership in action with several global insurance carriers and look forward to helping other insurers reap the benefits,” Moss added.
