Introducing our new Treaty Excess of Loss (XoL) Reinsurance model
5 minutes
1. Cut model development time by up to 80%
2. Build tailored solutions without starting from scratch
3. Focus on your unique value proposition
Traditionally, reinsurers have relied on proprietary models to distinguish themselves in the market. However, these models often entail complex, time-intensive processes to build, despite sharing many similar core components.
The answer? A flexible template that allows reinsurers to build tailored solutions without starting from scratch.
Introducing our market-leading reinsurance model template
With the launch of our new Treaty XoL model template, we are transforming the traditionally complex and time-consuming pricing processes used by reinsurers of building a model from the ground up. Our template enables our reinsurance customers to concentrate on their unique propositions and key value drivers—whether that’s a particular approach to simulation distribution fitting or pricing for complex treaty structures.
By streamlining model development, the Treaty XoL model reduces build time by up to 80%, empowering reinsurers to operate more efficiently.
Developed in conjunction with Deloitte and refined based on insights from leading global reinsurers, the model is designed to scale seamlessly to meet the needs of reinsurers of any size. We are excited to announce that the model will be made available to our existing clients through the hx Renew platform, providing them with a powerful tool to enhance their pricing processes and drive efficiency.
This model is fully customisable and can be tailored to meet even the most demanding customer requirements, empowering reinsurers to gain a competitive edge through their proprietary insights and methodologies more effectively.
“This is an exciting strategic step for hyperexponential as we continue to expand our offering for the global (re)insurance industry,” he said. “With our treaty model, we’re empowering reinsurers to focus on their unique intellectual property by removing the inefficiencies and costs traditionally associated with building models from the ground up.” Jamie Wilson, Head of Pricing & Innovation at hyperexponential
Want to learn more?
hx Renew currently facilitates over $45 billion in gross written premiums (GWP) annually, serving as a pricing and underwriting platform that empowers reinsurers to capture, structure, and analyze data within a single platform. By centralising critical information, hx Renew enables intelligent, data-driven decision-making, significantly enhancing both the accuracy and speed of pricing complex risks.
The advanced capabilities of hx Renew, including real-time reporting and state-of-the-art analytics, will allow reinsurers to conduct detailed analyses, assess portfolio impacts, and ultimately make better-informed decisions to enhance risk selection and profitability.
Book time with one of our experts to see how hx Renew can empower your business.