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InsTech - insurance & innovation with Matthew Grant

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

InsTech - insurance & innovation with Matthew Grant

InsTech

Entrepreneurship, Investing, Business

4.850 Ratings

🗓️ 10 September 2023

⏱️ 40 minutes

🧾️ Download transcript

Summary

This week on the podcast Matthew speaks to a returning guest, Amrit Santhirasenan who is the Co-founder and CEO at hyperexponential. Their discussion focuses on pricing decision intelligence and what this means for insurers. Listen to find out more about hyperexponential’s evolution as a start-up since Amrit previously spoke on the podcast in 2019, and how hyperexponential want to “take the tech risk away” for “insurers to focus on the insurance risk”.   Are you an insurer or reinsurer interested in finding out more about hyperexponential? We are hosting a Breakfast Event in partnership with hyperexponential on 26th of September. Please register your interest and your place will be confirmed by one of our team.  Key topics include: Why insights, opinions and beliefs are as crucial as data How to avoid failure in projects - are you building a bridge or a network of roads Book recommendations for start ups owners hx Connect - the importance of ecosystems in partnerships What is your scope? The power of asking hard questions In addition to hearing about hyperexponential, we talk about their clients including InsTech members Indico Data, Convex, Cognizant, Cytora and more. You can also contact this week's guest Amrit Santhirasenan on Linkedin.  If you like what you are hearing, please leave us a review on whichever platform you use or contact Matthew Grant on LinkedIn. Sign up to the InsTech newsletter for a fresh view on the world every Wednesday morning. To find out more about InsTech, our membership and offerings visit www.instech.co or contact us [email protected] Continuing Professional Development InsTech is accredited by The Chartered Insurance Institute (CII). By listening to any InsTech podcast, you can claim up to 0.5 hours towards your CPD scheme. By the end of this podcast, you should be able to meet the following Learning Objectives: Outline some of the strategies for integrating pricing decision intelligence into an organisation's practices Identify a range of skills to assess and manage risks associated with technology projects Describe the significance of ecosystems and partnerships in the insurance industry If your organisation is a member of InsTech and you would like to receive a quarterly summary of the CPD hours you have earned, visit the Episode 263 page of the InsTech website or email [email protected] to let us know you have listened to this podcast. To help us measure the impact of the learning, we would be grateful if you would take a minute to complete a quick feedback survey.

Transcript

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0:00.0

Amaritz, it's great to have you back. We last spoke on episode 52 back in 2019. I guess we've both

0:08.2

got a little bit older than a little bit wiser. Yes, I can't believe it. What episode are we now,

0:12.4

Matthew? Well, we're close to 260 by the time we release this one. And actually, since then,

0:17.0

you've actually also gone off and you've been a host of your own podcast. Startup Dads, yeah. So when I spoke to you last, I wasn't a Dad. I did have a startup. And now I still

0:24.8

have a startup, thankfully, and I'm also a Dad, thankfully. So, yeah, Evie's downstairs today. Hopefully

0:30.0

she doesn't hear me recording and think she can come and bust in on this one, which was a signature move for her in the Startup Dad's podcast, but it was more

0:37.8

on trend for that one, wasn't it? Yeah, congratulations. It was just saying that if you want

0:41.1

something done, give it to the busiest person, you know, so not only did you start a company

0:45.4

and have a family. You decided just to host a podcast just for the fun of it and all that

0:48.8

spare time you had. I don't know how you do it. Good morning, good evening.

0:55.3

Matthew Grant here.

0:56.4

Now, we know you've got a lot of choices for podcasts these days.

1:00.0

500 million last time I looked.

1:01.6

So I'm delighted you're asking us to join you for the next 30 minutes, whatever you're up to.

1:07.1

This week, I'm joined by Amrit Sanfran, co-founderfounder of HX, or Hyper Exponential, which was started back in 2017 in the UK.

1:16.6

And we're delighted to be supported by Amarit and his team.

1:20.1

The company's success follows a trend that we've been seeing over the last year of companies who were founded by people who got frustrated with the problem they had in their

1:27.9

prior careers, often in insurance, and so they built a company to fix it. Amarit and co-founder

1:33.0

Michael Johnson have clearly found a solution to their problem and other insurance problem,

1:38.4

given the growth in customers and partners that HX has had in the last few years.

1:43.5

If you're interested in what we're doing at INSTECH and HomeUp,

1:45.8

they'll help you find your solution or share your story.

...

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