InsTech - insurance & innovation with Matthew Grant cover image

InsTech - insurance & innovation with Matthew Grant

Amrit Santhirasenan: Co-founder & CEO, hyperexponential: Pricing decision intelligence for insurers (263)

Sep 10, 2023
Amrit Santhirasenan, Co-founder & CEO at hyperexponential, discusses pricing decision intelligence for insurers. Topics include the importance of insights and beliefs, avoiding failure in projects, book recommendations for start-ups, the power of partnerships, and the significance of asking hard questions. The podcast also covers hyperexponential's clients and the role of technology in assisting underwriters.
39:49

Podcast summary created with Snipd AI

Quick takeaways

  • Hyper-Exponential's pricing decision intelligence platform helps insurers wire together data insights and decisions to improve underwriting.
  • The insurtech market is undergoing consolidation, with trade sales and acquisitions becoming more common, and there is a growing emphasis on partnership and ecosystem collaboration.

Deep dives

Hyper-Exponential: Building Pricing Decision Intelligence Platforms for Insurers

Hyper-Exponential, founded in 2017 in the UK, provides a pricing decision intelligence platform for insurers. With clients including Inigo and Convex, their platform helps wire together data insights and decisions to improve decision-making in underwriting. They aim to take away the technology pains faced by insurers, enabling them to focus on their core insurance problems. The company has seen significant growth, with ongoing deployments, integration work, and new opportunities. The Genetive AI technology they use, like Chat GPT, allows for conversational chat interfaces and can be a valuable tool for research, analysis, and problem-solving. The founder encourages a skeptical approach, challenging and debating the AI system to expand knowledge and gain valuable insights.

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