hx Renew
The Pricing Decision Intelligence Platform.
Overview
hx Renew, from hyperexponential, is a specialized platform focused on pricing decision intelligence for complex risks. It is not a full underwriting workbench but a powerful tool that integrates into the underwriting process. It enables insurers to build, deploy, and refine pricing models much faster than with traditional tools like spreadsheets. The platform provides a collaborative environment for underwriters and actuaries, streamlines workflows, and integrates data to provide enhanced decision intelligence, allowing for more accurate, consistent, and profitable pricing.
✨ Key Features
- Accelerated pricing model development (up to 10x faster)
- Data-driven decision making
- Streamlined workflows for pricing and underwriting
- Collaboration tools for underwriters and actuaries
- Powerful API for data integration
- Designed for complex and specialty risks
🎯 Key Differentiators
- Focus on pricing *decision intelligence* rather than just rate-making
- Designed for the complexity of specialty and commercial lines
- Balances the needs of both actuaries (modeling) and underwriters (usability)
- Rapid model deployment and iteration
Unique Value: Empowers specialty insurers to make faster, smarter pricing decisions by transforming their complex pricing models from static spreadsheets into a dynamic, data-driven, and collaborative platform.
🎯 Use Cases (4)
✅ Best For
- Enabling specialty carriers to move pricing models from spreadsheets to a robust, auditable platform
- Significantly reducing the time it takes to update and deploy pricing models
- Improving loss ratios through more sophisticated and data-driven pricing
💡 Check With Vendor
Verify these considerations match your specific requirements:
- Companies needing a full submission-to-bind workflow system
- High-volume, simple-risk personal lines with static pricing
- Insurers not focused on complex risk pricing
🏆 Alternatives
Unlike traditional actuarial software, hx Renew is built for real-time use by underwriters, bridging the gap between actuarial models and underwriting decisions. Compared to spreadsheets, it offers version control, security, data integration, and scalability.
💻 Platforms
🔌 Integrations
🛟 Support Options
- ✓ Email Support
- ✓ Phone Support
- ✓ Dedicated Support (Available tier)
🔒 Compliance & Security
💰 Pricing
Free tier: N/A
📊 Market Info
Total Funding: $73.0M
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