Earnix, a leading global provider of AI-based SaaS pricing and rating solutions for financial services, has partnered with Exavalu to provide leading property and casualty insurance carriers with enhanced operational and analytical flexibility.
In today’s dynamic insurance market, carriers require modern and flexible pricing strategies backed by robust pricing analysis.
Traditional models often fall short in meeting these demands, making it imperative for insurers to leverage analytics and AI for dynamic pricing, rating, underwriting, and product innovation.
With this partnership, carriers can swiftly launch personalised products with flexible pricing, aligning pricing strategies with business goals effectively.
Earnix enables real-time decision-making through robust analytical modelling and AI capabilities. On the other hand, Exavalu offers deep insurance technology expertise, operational advisory, and implementation services.
Saurav Basu, President and Founder, Exavalu Inc, stated, “As carriers modernise their core, digital and data capabilities, improving pricing analytics, accelerating market data integration and automating rate manufacturing and deployment using a single modern, low-code pricing and rating system become essential for speed to market. Exavalu’s deep insurance technology and operational advisory and implementation expertise complement the power and flexibility of the Earnix platform to create a competitive advantage for digital carriers.”
Ruth Fisk, Head of Business Development at Earnix, commented, “We are thrilled to combine the decades of experience of Exavalu’s advisory services, technology consulting and system integration teams with Earnix’s technology to meet the most pressing strategic transformational challenges of top tier insurers.”
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