Special Ep Amrit Santhirasenan CEO hyperexponential: How to win at the team sport of underwriting
Today’s guest is someone pretty unique for our sector because he’s a software engineer who became a senior actuary and then founded his own insurance-focused technology business.
Amrit Santhirasenan, Co-founder and CEO at hyperexponential’s story is a classic of the entrepreneurial genre:
Frustrated with a lack of an insurance-specific decision-making platform to bring together underwriters, actuaries and the exponentially growing datasets that an increasingly digital world is producing, Amrit decided to build his own.
The longer I am around, the more I find that an unorthodox combination of skills and experience often unlocks extra value and Amrit is a great example of this.
He’s also not a stereotypical actuary because, amongst his many talents, he has the sort of communications skills that would put many top brokers to shame.
So this podcast is an incredibly eloquent summing up of hyperexponential’s business model and a wider and very detailed examination of the state of insurance today.
Ironically you could argue that underwriters and actuaries used to work closer together until technology started to get in the way.
Amrit is on a mission to bring back a much tighter feedback loop between the actuaries who interrogate the data to uncover insights and the underwriters who have to take those insights and turn them into decisions out in the real world.
Pricing is at the intersection of all the most exciting things that are happening in insurance today – it’s where data, brain power and market savvy all come together to try and give carriers an edge over their competitors.
Amrit’s great company and a dream guest, so technologists and technophobes alike do listen on as we set the world to rights.
You certainly don’t need any tech knowledge to get the benefit of Amrit’s insights.
Enjoy the podcast
NOTES:
The Hemingway quote that we couldn’t quite place was from The Sun Also Rises:
“How did you go bankrupt?” Bill asked.
“Two ways,” Mike said. “Gradually and then suddenly.”
LINKS:
www.hyperexponential.com
