hyperexponential Appoints Risa Ryan to Drive Forward its US expansion

hyperexponential Appoints Risa Ryan to Drive Forward its US expansion
hyperexponential, a UK insurtech specialising in insurance pricing software has announced it has appointed Risa Ryan as head of US P&C as it seeks to accelerate its footprint and offerings in North America.

Ryan, based in New York is a seasoned industry veteran with over 25 years experience. She previously served as the Chief Underwriting Officer at Sompo International and has also occupied executive positions at Munich Re, QBE and Swiss Re.

hyperexponential, founded in 2017 now processes over $22bn of gross written premium annually through its hx Renew platform.

Ryan commented enthusiastically on her appointment, stating, “I am enormously energised by joining hyperexponential. It’s an InsurTech that has grown at pace since launch, and has a compelling, relevant, and timely proposition for US carriers.

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“Following exciting conversations with Amrit and the team on their philosophy, vision, and strategy, I am thrilled to be embarking on the journey of assisting insurers in harnessing their data sources, enabling them to make more informed and effective pricing decisions,” Ryan added.

Amrit Santhirasenan, hyperxponential’s CEO and co-founder emphasised how the appointment marks its ambitions to expand in the US, remarking  “Risa’s appointment marks an important juncture in our growth as a company as we seek to meaningfully expand our on-the-ground presence in North America. As a hugely respected industry figure, she brings with her a wealth of experience, insight, and far-reaching relationships in the US market.”

As part of the company’s ambition to expand, Chief Revenue Officer will relocate from London to New York. The company also stated its intention to actively hire new colleagues within customer delivery, sales, marketing, and product leadership positions as it strengthens its US team.

Source: Reinsurance News

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