Secure, flexible, streamlined: 5 key benefits of hx Renew for IT
hx Renew for IT teams
A secure, scalable pricing system for modern (re)insurers
hx Renew enables IT teams to free up resource, reduce costs, and maintain a reliable technology infrastructure.
Challenges for IT teams
Security, resilience, and compliance
Without the right support, implementing new technology can be a challenge for IT teams tasked with ensuring a stable and safe infrastructure.
Resource constraints
With insurers and reinsurers leveraging more systems and software than ever, IT teams are frequently stretched thin and struggle to free up time to work on strategic projects.
Legacy systems
Legacy and self-built solutions often limit IT teams' ability to innovate, with many inundated with operational work to fix issues instead of improving efficiency, data quality and cost effectiveness.
Connect your ecosystem
Easily integrate with your PAS, submission system, workbench, or data platform
Give pricing teams the ability to integrate with approved third parties while retaining IT control
Flexible implementation including an interactive UI, hybrid or fully headless — or any combination, all with the same back office experience
The benefits of "buy" with the flexibility of "build"
Controlled, easy deployments across development stages allowing previously unheard-of agility
Universal platform for the simplest multiplicative to the most advanced XoL models
Performance and scalability with 1000s of concurrent sessions and rapid response times
In-built risk and compliance controls
Full audit trail captured automatically
99.5% SLA and ISO27001 certified, with enterprise-level support and training
Set rules around governance and compliance when releasing new models to production
“No data put into hx Renew is lost. With Excel, everything gets trapped in a spreadsheet and is unusable in the long run. In Renew, we can aggregate all of our pricing data, for example, by line of business, and use that to create our development factors. The ability to move a case easily from one year to the next to help with renewing the policy is valuable for the team.”
Stuart Quinlan | Deputy CEO and COO, Conduit Re
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Data integrations with hx Renew
