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About Hugh Terry & The Digital Insurer

Hugh Terry & The Digital Insurer Video

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Services of interest
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Arthur D. Little

Arthur D. Little has been at the forefront of innovation since 1886. We are an acknowledged thought leader in linking strategy, innovation and transformation in technology-intensive and converging industries. We enable our clients to build innovation capabilities and transform their organizations. ADL is present in the most important business centers around the world. We are proud to serve most of the Fortune 1000 companies, in addition to other leading firms and public sector organizations. For further information, please visit www.adlittle.com

HiThere advanced analytics

In Action Summary

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.

Personalized Pricing: Real-time individualized quotes.

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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