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11 June 2024 Technology

Send & hyperexponential partner to improve pricing process for insurers

Insurtechs Send and hyperexponential have formed a partnership aimed at streamlining the underwriting and pricing process and enhancing efficiency and accuracy for insurers.

The two companies will integrate their technologies to offer a comprehensive pricing ecosystem for insurers.

The collaboration will enable users of hyperexponential’s pricing decision intelligence platform, hx Renew, to connect with Send’s leading underwriting workbench capabilities.

Andy Moss, CEO and co-founder at Send: “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.”

Richard Gunn, chief revenue officer at hyperexponential, added: "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.”

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