HiThere is a Dutch startup founded in 2016 as a spin out of Kleynen Consultants and based on advanced analytics that was originally conceived as a back-office platform for insurers (admin and accounting automation). HiThere has now evolved into a full spectrum policy management solution for insurers that enables real time quote generation, product development, compliance and policy administration. The analytics underpinning the HiThere platform is based on four key dimensions including;
Policy Administartion: Process any life insurance policy without human intervention.
Policy Migration: Easily migrate existing portfolios into the administration.
Compliance: Adhere to security & compliance needs using an automated audit trail and rollbacks that are supported out-of-the-box.
Actuarial Calculations: Perform all the relevant actuarial calculations completely automatically.
HiThere is a fully automated back-office solution for life insurers that enables real time quote generation, product development, compliance and policy administration
Additionally, the modular fashion through which HiThere has been developed also allows it to incorporate changes in regulatory demands and promote administrative efficiencies. Having just raised EUR 4m, HiThere is now being expanded to property insurance lines and by mid-2018 hopes to be the first fully integrated digital insurer in Holland.
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