Banyan Risk has partnered with Hyperexponential to deploy AI-native underwriting across the UK, US, Canada and Bermuda, marking the first use of the provider’s full agentic underwriting suite by an MGA.

The platform will form the core of Banyan’s underwriting stack, orchestrating pricing, submissions, governance and data-driven decision-making across policy administration and data warehouse systems. Banyan will also integrate Hyperexponential’s ingestion, underwriting and actuarial agents.

Radhika Tata, chief operating officer at Banyan Risk, commented: “At Banyan, we’re building an MGA designed for where the market is going, not where it’s been. That means standing up new products, new teams and new geographies quickly – without sacrificing underwriting discipline or governance."

Richard Gunn, US president at Hyperexponential, added: “Banyan Risk represents exactly the kind of forward-thinking MGA we’re seeing emerge across the US and Bermuda markets - ambitious teams building modern underwriting businesses from the ground up, with AI-native capabilities at the centre of their operating model.”

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