Case Study: Conduit Re achieves data-driven pricing and workflow efficiency with hyperexponential hx Renew

Conduit Re unlocks data-driven pricing decisions and workflow efficiencies with hx Renew

Conduit Re, a pure-play Bermuda-based reinsurer, sought to rapidly build and refine its pricing models and establish data-centric operations to gain a competitive edge. Their challenge involved eliminating inefficient manual processes like data rekeying and empowering their underwriters with the best tools for making pricing decisions. To achieve this, they turned to the hx Renew platform from hyperexponential.

The solution from hyperexponential streamlined pricing model creation and integrated seamlessly with Conduit Re's internal systems via API, enabling data-rich decisions and faster workflows. This implementation allowed Conduit Re to price 85% of its business on hx Renew, resulting in more accurate account assessments, efficient audits, and enhanced decision intelligence through advanced analytics on all captured pricing data.

Conduit Re

Stuart Quinlan

Deputy Chief Executive & Chief Operations Officer