Redefining Insurance Pricing: Sabine VanderLinden and hyperexponential’s Jamie Wilson
In this insightful interview recorded at ITC Vegas, Sabine VanderLinden, CEO and Venture Partner at Alchemy Crew Ventures, engages with Jamie Wilson, Head of Pricing and Innovation at hyperexponential, to explore the evolving landscape of insurance pricing through data-driven models.
Jamie highlights the challenges posed by legacy systems and underscores the transformative potential of modern technology in accelerating pricing model deployment—from an industry average of 165 days to just a fraction of that time. He discusses the critical role of integrating external data sources and fostering collaboration between actuaries and underwriters to achieve more dynamic and precise pricing strategies.
Wilson also advocates for a cultural shift within organisations, emphasising the need for improved communication and teamwork to unlock the full potential of advanced pricing models. This forward-thinking conversation provides valuable insights for industry professionals seeking to stay ahead in a rapidly changing market.