Case Study: Rising Edge achieves faster market launch with hyperexponential's hx Renew

Helping Rising Edge launch to market with speed, intelligence and confidence

Rising Edge, a boutique underwriting agency specializing in Directors' and Officers' liability insurance, needed a highly flexible and scalable pricing platform to launch its new business and stand out from competitors. The challenge was to avoid time-consuming manual processes like underwriter rekeying and to build sophisticated pricing models quickly without the typical lengthy development time. hyperexponential's hx Renew platform was selected to meet this need.

The solution involved using hx Renew to develop and refine multiple pricing models in real-time, seamlessly integrated with other business systems via APIs. This eliminated data rekeying, automated renewals, and provided essential data for reporting. As a result, Rising Edge launched to market and wrote its first policy within just six months, a 4x acceleration compared to the industry standard, and achieved a 30% time saving on underwriter rekeying. hyperexponential provided the speed and intelligence necessary for their successful market entry.

Rising Edge

David Hughes

Mulberry Risk Founder