PriyaPatel
TLDR:
Key Points:
- Earnix and Sollers Consulting have partnered to bring AI solutions to the insurance sector.
- Through this collaboration, insurers can leverage advanced analytics, machine learning, and AI to make informed decisions and enhance customer experiences.
In a significant move to revolutionize the insurance sector, Earnix, a leading provider of AI-based Software-as-a-Service solutions for financial services, has joined forces with Sollers Consulting, an international operational advisory and software integrator specialized in the financial domain. The partnership aims to deploy cutting-edge solutions across property and casualty insurance markets in key regions such as the UK, US, France, Benelux, Nordics, and DACH. This collaboration allows insurers to enhance their pricing strategies, refine product offerings, and efficiently manage risk by leveraging advanced analytics and AI capabilities.
The genesis of this alliance lies in the shared recognition of the limitations imposed by outdated IT infrastructures on innovation within the insurance sector. Earnix and Sollers Consulting are focused on elevating insurers’ profitability by offering a streamlined solution that accelerates time-to-market, personalizes customer experiences, and harmoniously integrates IT and business components within an end-to-end process.
Earnix excels in facilitating real-time decision-making through robust data science, analytical modeling, and AI capabilities. Sollers Consulting brings strong analytical acumen, deep data science expertise, and a comprehensive understanding of Earnix solutions to ensure seamless technology integration into clients’ existing systems and processes. This efficient implementation equips insurers to navigate challenges of dynamic market conditions and regulatory shifts.
The partnership is poised to drive innovation through collaborative research and development projects, joint initiatives, and co-creation programs. By engaging with the broader insurance ecosystem, including insurers, reinsurers, brokers, and InsurTech companies, Sollers supports Earnix in accessing a rich diversity of data sources for developing more sophisticated and accurate models for analytics, pricing, risk assessment, and customer segmentation.
Sollers Consulting Executive Manager Tomasz Klukowski stated, “Earnix enables carriers to holistically manage their operations in one seamless solution that allows insights to be accessed across pricing, underwriting, and rating teams.” Earnix Head of Business Development Ruth Fisk added, “It’s an honor to partner with Sollers to offer seamless implementation capabilities for our best-in-class technology to a wider market of insurers.”
