’We’re creating a seamless experience that empowers insurers to make data-driven decisions with confidence,’ says vice president
Hyperexponential has partnered with Duck Creek Technologies in a bid to enhance operational efficiency and responsiveness for property and casualty (P&C) insurers.
The deal will connect hyperexponential’s pricing and underwriting tool, hx Renew, with Duck Creek’s policy administration platform.
This aims to create a unified data ecosystem that reduces siloes across the insurance value chain.
Tom Clark, field chief technology officer at hyperexponential, said the collaboration would support “end-to-end workflow” improvements for insurers and enable a tighter alignment between pricing and policy execution.
“At hyperexponential, we believe the future of insurance depends on breaking down the silos that impede decision-making,” he said.
“Partnering with Duck Creek brings together two best-in-class platforms to give insurers a seamless, end-to-end workflow, linking pricing strategy to policy execution.”
Expansion
The proposition, which is expected to go live later in 2025, also marks a further step in hyperexponential’s expansion into the US market.
Read: Amrit Santhirasenan – Hyperexponential growing organically amid AI revolution
Read: Underwriters worried about being replaced by AI – Hyperexponential
Explore more insurtech-related content here, or discover more news here
Clark said: “It’s a key milestone in our growing US presence, where we’re seeing strong demand for modern, integrated solutions where it matters most.”
Nick Lien, senior vice president of product and experience at Duck Creek Technologies, added that the deal would help insurers build confidence in their pricing through data-driven processes.
He said: “By combining Duck Creek’s intelligent policy administration technology with hyperexponential’s advanced pricing capabilities, we’re creating a seamless experience that empowers insurers to make data-driven decisions with confidence.”
No comments yet