BOSTON, May 15, 2024
/PRNewswire/ -- Earnix, the leading global provider of AI-based
SaaS pricing and rating solutions for financial services, and
Exavalu, a leading global insurance digital advisory and system
integration consulting firm, today announced a strategic
partnership to provide leading property and casualty insurance
carriers with improved operational and analytical flexibility to
accelerate product pricing and rating innovation. This partnership
combines technology and solutions consulting expertise to ensure
operational flexibility and solid integration with core policy
management systems.
In today's turbulent insurance market, carriers need modern and
flexible pricing strategies supported by robust pricing analysis.
Traditional models are inflexible and antiquated. To stay
competitive, insurers must leverage analytics and AI and machine
learning to enable dynamic pricing, rating, underwriting and
product innovation.
Earnix enables real-time decision-making using robust analytical
modeling and AI capabilities. With this partnership, carriers can
swiftly launch personalized products with flexible pricing based on
pricing analytics and modern rate management processes to ensure
alignment of pricing strategies with flexible business goals.
Earnix and Exavalu services empower carriers to effectively utilize
pricing analytics and AI/ML models for maximum flexibility.
"As carriers modernize 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," said Saurav
Basu, President and Founder, Exavalu Inc. "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."
"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," said Ruth Fisk, Head of
Business Development at Earnix.
To learn more about how Earnix and Exavalu work together, click
here.
About Earnix
Earnix is the premier provider of mission-critical, cloud-based
intelligent solutions across pricing, rating, underwriting and
product personalization. These fully integrated solutions provide
ultra-fast ROI and are designed to transform how global insurers
and banks are run by unlocking value across all facets of the
business. Earnix has been innovating for insurers and banks since
2001, with customers in over 35 countries across six continents and
offices in the Americas, Europe,
Asia Pacific and Israel. For more information please visit:
earnix.com.
Contact Earnix via LinkedIn, X, and Facebook. Read the Earnix
blog.
About Exavalu
Exavalu is a Specialized Digital Transformation Advisor &
Digital Solutions Partner for the Insurance Industry. Founded by
former Industry CIOs and Consulting Executives, Exavalu brings the
best in Strategic Advisory and Digital Solutions delivery on
Industry leading technology platforms.
Leading insurers and technology partners trust the company for
CXO advisory and implementation services including expertise across
core modernization, integration, customer experience and data &
analytics projects using Guidewire InsuranceSuite, InsuranceNow,
Socotra, MuleSoft, Salesforce, Earnix etc. For more
information, please visit www.exavalu.com.
CONTACT:
Earnix:
Krystina Puleo
Global Director of External Communications
377769@email4pr.com
Exavalu:
Shivani Joshi
Marketing and Public Relations Manager
377769@email4pr.com
+1- 888-EXAVALU (888-392-8258)
Nidhi.jaiswal@exavalu.com
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SOURCE Exavalu