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New York City, June 2, 2026

Summit Partners

hyperexponential provides the leading pricing and underwriting platform for the global commercial P&C insurance market, powering AI-assisted decisions from triage, to pricing, to portfolio optimization.
Trusted by carriers processing over $60bn GWP annually, and backed by Andreessen Horowitz and Battery Ventures, the hx platform enables insurers, reinsurers, and MGAs to reduce time-to-quote, iterate on rating models faster, improve loss ratios and write a more profitable book.
- $60bn+ GWP contracted annually on the hx platform
- 2-3% loss ratio improvement
- 10x faster model build
- 50% faster quote to bind
Key features:
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Munich Re is one of the world’s leading providers of reinsurance, primary insurance and insurance-related risk solutions. The Group consists of the reinsurance and ERGO business segments, as well as the asset manager MEAG. Munich Re is globally active and operates in all lines of the insurance business. Since it was founded in 1880, Munich Re has been known for its unrivalled risk-related expertise and its sound financial position. Munich Re leverages its strengths to promote its clients’ business interests and technological progress. Moreover, Munich Re develops covers for new risks such as rocket launches, renewable energies, cyber risks and artificial intelligence. In the 2025 financial year, Munich Re generated insurance revenue of €60.4bn and a net result of €6.1bn. The Munich Re Group employed about 44,000 people worldwide as at 31 December 2025.

With widely recognized elite teams across 17 core practices, Paul Hastings is a premier law firm with a culture of excellence focused on providing intellectual capital and superior execution globally to the world’s leading investment banks, asset managers and corporations.

Reserv is a tech and AI-enabledthird-party administrator (TPA) and P&C insurance software provider. Purpose-built by claims and technology veterans, Reserv delivers tech-forwardclaims handling at scale, enabling insurers to reduce loss costs, streamlineoperations, and improve the customer experience.
By uniting the gap betweentechnology and business needs, Reserv provides solutions that superchargedecision-making, drive efficiency, and set a new industry standard for how techand AI power claims handling.

Snapsheet is built for the way claims work. We replace patchwork solutions with complete claims technology engineered to drive faster time to value, accurate outcomes, and superior experiences for both claims teams and policyholders.
- A proven industry pioneer across virtual appraisals, cloud technology, digital payments, and ML/AI. Trusted by 175+ carriers, MGAs, TPAs, and claim companies to run smarter claims across all personal and commercial lines of business.
- Cloud-native platform built on open architecture and a no-code automation engine that enables scale and eliminates dependency on custom development.
- Intelligent automation, task orchestration, and operationalized AI are engineered as native infrastructure, not point solutions or add-ons.









