Case Study: Convex streamlines underwriting and improves data-driven decision making with hyperexponential hx Renew

Convex streamlines workflows and enhances data-driven decision making with hx Renew

Convex, an international specialty insurer and reinsurer, faced a traditional and inefficient underwriting workflow that relied on manual data entry and lengthy email-based reviews. To build a best-practice business from scratch, they partnered with hyperexponential and used its hx Renew pricing decision intelligence platform to streamline the process and enhance data-driven decision making.

The solution using hyperexponential's hx Renew automated data integration, eliminating rekeying and connecting systems via Slack for instant alerts. This reduced the time from broker proposal to policy binding from days to hours. The platform also provided automated, auditable workflows for referrals and delivered live portfolio dashboards, significantly improving collaboration and empowering data-driven underwriting.

Convex

Mike Hansen

Head of Aerospace