Banyan Risk partners with hyperexponential to power AI-native underwriting.
Find out more
Banyan Risk partners with hyperexponential to power AI-native underwriting.
Find out more
The underwriting decision platform for US admitted carriers
hx combines best-in-class rate governance with a modern, end-to-end platform for pricing, underwriting, and portfolio insight.
Manage rate changes, triage submissions, and quote confidently with state-specific DOI compliance - all in one connected platform built for admitted workflows.
Eliminate rate deployment delays and compliance risk
Centralize filed rate management in one governed workspace. Update, validate, and deploy rate changes with confidence backed by full version control, effective date governance, and audit trails. Approved rates reach underwriters faster and stay fully compliant - turning deployment into a smooth, efficient process.
Accelerate rating and underwriting in a governed environment
Streamline rating, risk assessment, and underwriting review in one secure, governed space - so underwriters make faster, more consistent decisions with complete pricing context. Build and maintain performant, connected pricing tools that keep models aligned across teams.
Run continuous portfolio analysis to protect profitability
Perform dislocation analysis, adequacy testing, and rate impact assessments in real time. Visualize portfolio shifts and feed insights directly into rate deployment and portfolio strategy - turning analysis into confident, compliant action.
How Admitted carriers use hx
Set up a tech stack that supports rapid growth from day one - no internal IT or data expertise required. Move beyond spreadsheets and legacy tools to a unified, scalable platform.
Triage
Turn around complex submissions in minutes and automate triage and prioritization, guided by your strategy and models.
Pricing & Rating
Deliver precise, explainable prices in seconds so underwriters quote faster and stay aligned to actuarial strategy.
Portfolio Intelligence
Get real-time portfolio performance and batch rating insights, backed by a complete record of every pricing decision and outcome.
Decision Engine
Create and govern adaptable decision logic with clear controls, safe changes, and confident releases.
How Admitted carriers use hx
Set up a tech stack that supports rapid growth from day one - no internal IT or data expertise required. Move beyond spreadsheets and legacy tools to a unified, scalable platform.
Triage
Turn around complex submissions in minutes and automate triage and prioritization, guided by your strategy and models.
Pricing & Rating
Deliver precise, explainable prices in seconds so underwriters quote faster and stay aligned to actuarial strategy.
Portfolio Intelligence
Get real-time portfolio performance and batch rating insights, backed by a complete record of every pricing decision and outcome.
Decision Engine
Create and govern adaptable decision logic with clear controls, safe changes, and confident releases.
Transforming underwriting workflows for US admitted carriers
Legacy workflows
→
hx platform
Rates live in spreadsheets, not systems. Effective dates slip, ISO circulars lag, and proprietary rates drift - slowing deployment and raising compliance risk.
→
Governed rate management and connected workflows centralize all versions, effective dates, and bureau updates - keeping ISO and proprietary rates aligned, current, and compliant across every product and state.
Filings are built by hand. Manual exhibit generation invites errors, stretch QA cycles, and trigger regulator rework.
→
Automated filing preparation generates compliant exhibits directly from model logic, cutting manual work and accelerating regulator approval.
Portfolio view is fragmented. Disconnected data creates lack of clarity on rate adequacy and impact - slowing filings and eroding pricing confidence.
→
Real-time portfolio insight and automated analysis quantify dislocation and rate adequacy instantly, giving actuaries and underwriters a shared view of performance before filing.
Handoffs stall delivery. Actuarial, IT, and underwriting work in silos, duplicating effort and delaying market release.
→
Streamlined collaboration between actuarial, IT, and underwriting teams eliminates rekeying and manual handoffs, reducing deployment time and improving execution consistency.
Logic isn’t transparent. Rating decisions are hard to trace - and harder to defend - in audits and DOI reviews.
→
Transparent and explainable rating logic shows every calculation step, ensuring rates are easy to validate, audit, and communicate to regulators and stakeholders.
Transforming underwriting workflows for US admitted carriers
Legacy workflows
hx platform
Rates live in spreadsheets, not systems. Effective dates slip, ISO circulars lag, and proprietary rates drift - slowing deployment and raising compliance risk.
Governed rate management and connected workflows centralize all versions, effective dates, and bureau updates - keeping ISO and proprietary rates aligned, current, and compliant across every product and state.
Filings are built by hand. Manual exhibit generation invites errors, stretch QA cycles, and trigger regulator rework.
Automated filing preparation generates compliant exhibits directly from model logic, cutting manual work and accelerating regulator approval.
Portfolio view is fragmented. Disconnected data creates lack of clarity on rate adequacy and impact - slowing filings and eroding pricing confidence.
Real-time portfolio insight and automated analysis quantify dislocation and rate adequacy instantly, giving actuaries and underwriters a shared view of performance before filing.
Handoffs stall delivery. Actuarial, IT, and underwriting work in silos, duplicating effort and delaying market release.
Streamlined collaboration between actuarial, IT, and underwriting teams eliminates rekeying and manual handoffs, reducing deployment time and improving execution consistency.
Logic isn’t transparent. Rating decisions are hard to trace - and harder to defend - in audits and DOI reviews.
Transparent and explainable rating logic shows every calculation step, ensuring rates are easy to validate, audit, and communicate to regulators and stakeholders.
Everything you need to win in the Admitted market
Data integrations
Enrich risk assessment and improve pricing accuracy by integrating third-party data sources via robust API connections.
Data integrations
Enrich risk assessment and improve pricing accuracy by integrating third-party data sources via robust API connections.
Technology
Seamlessly connect to your pricing and underwriting tech stack, from policy admin systems to data warehouses and more.
Technology
Seamlessly connect to your pricing and underwriting tech stack, from policy admin systems to data warehouses and more.
Consulting
Leverage our network of trusted consulting partners with deep vertical expertise in successful transformation for insurers, carriers and MGAs.
Consulting
Leverage our network of trusted consulting partners with deep vertical expertise in successful transformation for insurers, carriers and MGAs.
Powering performance in the Admitted market
3-6% loss ratio improvement
Customers unlock portfolio-level analytics and rapid model development to drive loss ratio improvements
40% reduction in underwriter admin
Free underwriters from manual admin and rekeying to focus on high value risk assessment
10x faster model build
Specialty carriers using hx build and deploy new pricing tools 10x faster than legacy solutions
Featured resources
2025 State of Pricing Report
Report
Why all actuaries should be pro coders
Pricing
Why all actuaries should be pro coders
Article
Why all actuaries should be pro coders
Pricing
AI Maturity in Global S&C Insurance
Report
FAQs
01
What kind of portfolio visibility does hx provide for admitted business?
The platform offers real-time portfolio analytics including loss ratios by state and line, rate adequacy monitoring, and early warning indicators for emerging trends. You can track performance against filed rates and identify opportunities for rate adjustments before renewal cycles. Speak to one of our pricing and underwriting experts to learn more
02
Can underwriters still use their judgment with the platform?
Absolutely. hx enhances underwriter judgment rather than replacing it. The platform provides risk insights, pricing guidance, and portfolio context, but underwriters retain full control over final decisions. All overrides and judgment calls are documented for governance and learning purposes.
03
How does the platform help with rate filing management?
hx provides version control and audit trails for all rate changes, making it easier to prepare DOI filings and demonstrate compliance during regulatory audits. The platform tracks which rates are active in each state and automatically applies the correct filed rates based on risk characteristics and location.
04
What types of commercial lines does the platform support?
hx supports the full range of commercial P&C lines including general liability, commercial auto, workers' compensation, commercial property, and professional lines. The platform handles both monoline and package policies with state-specific rating and compliance controls for each coverage.
05
How long does implementation typically take for admitted carriers?
The timeline depends on your rate complexity, number of states, and integration requirements. Our team provides dedicated support throughout implementation, including rate setup, compliance configuration, and team training.
06
Can hx integrate with our existing policy administration system?
Yes, hx is designed to integrate with existing insurance technology stacks through APIs and connectors, with integrations for DuckCreek and Guidewire among others. The platform works alongside your PAS rather than replacing it, pulling data for pricing decisions and pushing approved quotes back to your core systems for policy issuance.
07
How does hx handle state-specific DOI compliance requirements?
The platform includes built-in state-specific compliance controls that automatically apply the correct filed rates and regulatory requirements based on the risk location. Rate changes are tracked and auditable, with automated validation against filed rates to ensure every quote meets DOI requirements before binding.
08
What makes hx different from other platforms for admitted lines carriers?
hx combines rate governance with end-to-end underwriting decision workflows in one platform. Unlike point solutions that handle only a small part of the pricing and underwriting workflow, hx connects rate filing management, submission triage, pricing decisions, and portfolio monitoring so your teams work from the same data and logic across the entire underwriting lifecycle.
FAQs
01
What kind of portfolio visibility does hx provide for admitted business?
The platform offers real-time portfolio analytics including loss ratios by state and line, rate adequacy monitoring, and early warning indicators for emerging trends. You can track performance against filed rates and identify opportunities for rate adjustments before renewal cycles. Speak to one of our pricing and underwriting experts to learn more
02
Can underwriters still use their judgment with the platform?
Absolutely. hx enhances underwriter judgment rather than replacing it. The platform provides risk insights, pricing guidance, and portfolio context, but underwriters retain full control over final decisions. All overrides and judgment calls are documented for governance and learning purposes.
03
How does the platform help with rate filing management?
hx provides version control and audit trails for all rate changes, making it easier to prepare DOI filings and demonstrate compliance during regulatory audits. The platform tracks which rates are active in each state and automatically applies the correct filed rates based on risk characteristics and location.
04
What types of commercial lines does the platform support?
hx supports the full range of commercial P&C lines including general liability, commercial auto, workers' compensation, commercial property, and professional lines. The platform handles both monoline and package policies with state-specific rating and compliance controls for each coverage.
05
How long does implementation typically take for admitted carriers?
The timeline depends on your rate complexity, number of states, and integration requirements. Our team provides dedicated support throughout implementation, including rate setup, compliance configuration, and team training.
06
Can hx integrate with our existing policy administration system?
Yes, hx is designed to integrate with existing insurance technology stacks through APIs and connectors, with integrations for DuckCreek and Guidewire among others. The platform works alongside your PAS rather than replacing it, pulling data for pricing decisions and pushing approved quotes back to your core systems for policy issuance.
07
How does hx handle state-specific DOI compliance requirements?
The platform includes built-in state-specific compliance controls that automatically apply the correct filed rates and regulatory requirements based on the risk location. Rate changes are tracked and auditable, with automated validation against filed rates to ensure every quote meets DOI requirements before binding.
08
What makes hx different from other platforms for admitted lines carriers?
hx combines rate governance with end-to-end underwriting decision workflows in one platform. Unlike point solutions that handle only a small part of the pricing and underwriting workflow, hx connects rate filing management, submission triage, pricing decisions, and portfolio monitoring so your teams work from the same data and logic across the entire underwriting lifecycle.
Accelerate your journey
from submission to decision
© 2025 hyperexponential
QMS Certificate No. 306072018
![](data:image/svg+xml,<svg display="block" role="presentation" viewBox="0 0 317 31" xmlns="http://www.w3.org/2000/svg"><path d="M 167.931 22.378 L 167.931 24.188 L 171.603 24.188 L 171.603 22.378 C 171.603 18.227 169.554 16.045 167.026 14.662 C 169.527 13.278 171.603 11.123 171.603 6.945 L 171.603 5.136 L 167.904 5.136 L 167.904 6.945 C 167.904 10.351 166.121 11.681 162.423 13.012 C 158.724 11.681 156.941 10.351 156.941 6.945 L 156.941 5.136 L 153.242 5.136 L 153.242 6.945 C 153.242 11.096 155.291 13.278 157.819 14.662 C 155.318 16.045 153.242 18.201 153.242 22.378 L 153.242 24.188 L 156.941 24.188 L 156.941 22.378 C 156.941 18.972 158.724 17.615 162.423 16.285 C 166.121 17.615 167.931 18.946 167.931 22.378 Z M 47.018 0.08 L 50.744 0.08 L 50.744 5.402 C 50.744 6.253 50.744 6.918 50.664 8.515 L 50.744 8.515 C 51.702 6.333 53.751 4.763 56.651 4.763 C 60.616 4.763 63.25 7.584 63.25 12.187 L 63.25 24.268 L 59.525 24.268 L 59.525 13.039 C 59.525 9.287 57.902 7.85 55.587 7.85 C 53.059 7.85 50.77 9.499 50.77 13.677 L 50.77 24.241 L 47.045 24.241 L 47.045 0.08 Z M 63.969 27.993 L 69.157 27.993 L 71.206 23.203 L 63.969 5.269 L 68.013 5.269 L 73.122 18.733 L 73.202 18.733 L 78.311 5.269 L 82.302 5.269 L 72.483 29.696 C 72.111 30.654 71.393 31.133 70.355 31.133 L 63.995 31.133 L 63.995 27.993 Z M 83.074 5.269 L 86.799 5.269 L 86.799 6.945 C 86.799 7.637 86.799 8.222 86.719 8.941 L 86.799 8.941 C 87.97 6.28 90.498 4.683 93.531 4.683 C 97.975 4.683 102.179 8.142 102.179 14.715 C 102.179 21.287 97.975 24.747 93.531 24.747 C 90.498 24.747 87.97 23.15 86.799 20.489 L 86.719 20.489 C 86.799 21.208 86.799 21.846 86.799 22.565 L 86.799 31.08 L 83.074 31.08 Z M 92.494 21.713 C 95.979 21.713 98.268 18.919 98.268 14.742 C 98.268 10.564 95.979 7.77 92.494 7.77 C 89.008 7.77 86.773 10.564 86.773 14.742 C 86.773 18.919 89.061 21.713 92.494 21.713 Z M 103.43 14.742 C 103.43 8.542 107.262 4.71 112.743 4.71 C 117.905 4.71 121.817 8.009 121.817 13.89 L 121.817 15.886 L 107.395 15.886 C 107.554 19.265 109.577 21.713 112.796 21.713 C 115.165 21.713 116.974 20.436 117.666 18.414 L 121.604 18.414 C 120.779 22.165 117.4 24.8 112.77 24.8 C 107.182 24.773 103.43 20.915 103.43 14.742 Z M 117.985 12.985 C 117.985 9.925 116.096 7.77 112.85 7.77 C 109.603 7.77 107.767 10.058 107.448 12.985 Z M 123.6 5.269 L 127.245 5.269 L 127.245 8.409 L 127.325 8.409 C 128.256 6.466 129.374 5.269 132.115 5.269 L 133.977 5.269 L 133.977 8.409 L 131.529 8.409 C 128.629 8.409 127.325 10.058 127.325 13.438 L 127.325 24.241 L 123.6 24.241 Z M 133.924 14.742 C 133.924 8.542 137.756 4.71 143.237 4.71 C 148.4 4.71 152.311 8.009 152.311 13.89 L 152.311 15.886 L 137.889 15.886 C 138.049 19.265 140.071 21.713 143.291 21.713 C 145.659 21.713 147.468 20.436 148.16 18.414 L 152.098 18.414 C 151.273 22.165 147.894 24.8 143.264 24.8 C 137.676 24.773 133.924 20.915 133.924 14.742 Z M 148.479 12.985 C 148.479 9.925 146.59 7.77 143.344 7.77 C 140.097 7.77 138.261 10.058 137.942 12.985 Z M 173.412 5.269 L 177.138 5.269 L 177.138 6.945 C 177.138 7.637 177.138 8.222 177.058 8.941 L 177.138 8.941 C 178.308 6.28 180.836 4.683 183.87 4.683 C 188.313 4.683 192.518 8.142 192.518 14.715 C 192.518 21.287 188.313 24.747 183.87 24.747 C 180.836 24.747 178.308 23.15 177.138 20.489 L 177.058 20.489 C 177.138 21.208 177.138 21.846 177.138 22.565 L 177.138 31.08 L 173.412 31.08 Z M 182.832 21.713 C 186.318 21.713 188.606 18.919 188.606 14.742 C 188.606 10.564 186.318 7.77 182.832 7.77 C 179.346 7.77 177.111 10.564 177.111 14.742 C 177.111 18.919 179.373 21.713 182.832 21.713 Z M 193.529 14.742 C 193.529 8.275 197.733 4.71 203.055 4.71 C 208.377 4.71 212.581 8.302 212.581 14.742 C 212.581 21.181 208.323 24.8 203.028 24.8 C 197.76 24.8 193.529 21.208 193.529 14.742 Z M 203.028 21.713 C 206.221 21.713 208.616 19.345 208.616 14.742 C 208.616 10.138 206.248 7.77 203.028 7.77 C 199.809 7.77 197.44 10.138 197.44 14.742 C 197.44 19.345 199.835 21.713 203.028 21.713 Z M 214.178 5.269 L 217.823 5.269 L 217.823 8.515 L 217.903 8.515 C 219.074 6.147 221.202 4.71 223.97 4.71 C 227.908 4.71 230.383 7.477 230.383 12.613 L 230.383 24.241 L 226.657 24.241 L 226.657 12.985 C 226.657 9.287 225.034 7.85 222.719 7.85 C 220.271 7.85 217.903 9.473 217.903 13.677 L 217.903 24.241 L 214.178 24.241 Z M 232.139 14.742 C 232.139 8.542 235.97 4.71 241.452 4.71 C 246.614 4.71 250.526 8.009 250.526 13.89 L 250.526 15.886 L 236.104 15.886 C 236.263 19.265 238.285 21.713 241.505 21.713 C 243.873 21.713 245.683 20.436 246.375 18.414 L 250.313 18.414 C 249.488 22.165 246.109 24.8 241.479 24.8 C 235.917 24.773 232.139 20.915 232.139 14.742 Z M 246.694 12.985 C 246.694 9.925 244.805 7.77 241.558 7.77 C 238.312 7.77 236.476 10.058 236.157 12.985 Z M 252.202 5.269 L 255.848 5.269 L 255.848 8.515 L 255.927 8.515 C 257.098 6.147 259.227 4.71 261.994 4.71 C 265.932 4.71 268.407 7.477 268.407 12.613 L 268.407 24.241 L 264.682 24.241 L 264.682 12.985 C 264.682 9.287 263.059 7.85 260.744 7.85 C 258.296 7.85 255.927 9.473 255.927 13.677 L 255.927 24.241 L 252.202 24.241 Z M 273.117 19.159 L 273.117 8.409 L 269.392 8.409 L 269.392 5.269 L 273.117 5.269 L 273.117 0.08 L 276.842 0.08 L 276.842 5.269 L 282.749 5.269 L 282.749 8.409 L 276.842 8.409 L 276.842 18.866 C 276.842 20.489 277.667 21.101 279.104 21.101 L 282.856 21.101 L 282.856 24.241 L 278.199 24.241 C 274.873 24.241 273.117 22.565 273.117 19.159 Z M 284.479 0.08 L 288.311 0.08 L 288.311 3.22 L 284.479 3.22 Z M 284.506 5.269 L 288.231 5.269 L 288.231 24.241 L 284.506 24.241 Z M 290.227 14.742 C 290.227 8.142 294.431 4.71 298.875 4.71 C 301.908 4.71 304.436 6.306 305.607 8.967 L 305.687 8.967 C 305.607 8.249 305.607 7.663 305.607 6.972 L 305.607 5.295 L 309.332 5.295 L 309.332 19.957 C 309.332 20.862 309.572 21.154 310.476 21.154 L 311.514 21.154 L 311.514 24.268 L 308.374 24.268 C 306.645 24.268 305.607 23.256 305.607 21.713 L 305.607 21.687 C 305.607 21.314 305.633 20.968 305.687 20.596 L 305.607 20.596 C 304.436 23.256 301.908 24.853 298.875 24.853 C 294.431 24.8 290.227 21.341 290.227 14.742 Z M 299.912 21.713 C 303.372 21.713 305.633 18.919 305.633 14.742 C 305.633 10.564 303.345 7.77 299.912 7.77 C 296.48 7.77 294.138 10.564 294.138 14.742 C 294.138 18.919 296.427 21.713 299.912 21.713 Z M 312.924 0.08 L 316.65 0.08 L 316.65 24.241 L 312.924 24.241 Z M 14.316 27.913 L 14.316 0 L 11.069 0 C 11.069 6.706 6.173 10.75 0 11.442 L 0 15.061 C 4.63 14.449 10.404 13.384 10.404 7.318 L 11.043 7.318 L 10.936 27.886 L 14.316 27.886 Z M 16.099 27.913 L 19.451 27.913 L 19.345 7.344 L 19.984 7.344 C 19.984 13.384 25.784 14.475 30.388 15.087 L 30.388 11.469 C 24.241 10.75 19.318 6.706 19.318 0.027 L 16.099 0.027 Z" fill="rgb(255, 255, 255)" height="31.13277292686149px" id="EKT5Ibrwm" width="316.64957499076104px"/></svg>)
© 2025 hyperexponential
QMS Certificate No. 306072018
© 2025 hyperexponential
QMS Certificate No. 306072018