Earnix, a provider of AI-based SaaS solutions, has partnered with Sollers Consulting, a software integrator and operational advisor, to deliver cutting-edge solutions across the property and casualty (P&C) insurance market in the UK, US, France, Benelux, Nordics, and DACH.
Through this partnership, clients will be able leverage advanced analytics, machine learning, and AI capabilities, which will empower them to make data-driven decisions, improve pricing strategies, optimise product offerings, and manage risk more effectively.
Both Earnix and Sollers recognise the limitations outdated IT infrastructures pose on innovation within the insurance sector.
They aim for their partnership to increase insurers’ profitability by providing a solution that speeds time to market, enables personalised customer experiences, and brings both IT components and business elements together in an all-in-one, governed end-to-end process.
Earnix brings its real-time decision making through robust data science, analytical modelling, and AI capabilities, while Sollers professionals leverage strong analytical profiles, deep data sciences expertise, and a detailed understanding of Earnix solutions to collaborate closely with clients and ensure a seamless integration of the technology into their existing systems and processes.
This streamlined implementation process will allow clients to quickly start leveraging benefits. It also helps insurers compete, innovate, and grow in the face of dynamic and uncertain market conditions and regulatory changes, the firms stated.
Ruth Fisk, Head of Business Development, Earnix, said: “Sollers is well-known as an international enabler of innovation and an advocate for leveraging the most advanced technology.
“It’s an honour to partner with this like-minded organisation to offer seamless implementation capabilities for our best-in-class technology to a wider market of insurers.”
This partnership is also poised to drive innovation through collaborative research and development projects, joint initiatives, and co-creation programs.
By collaborating with the broader insurance ecosystem, including insurers, reinsurers, brokers, and InsurTech companies, Sollers supports Earnix in accessing the diversity of data sources needed to develop more comprehensive and accurate models for advanced analytics, pricing, risk assessment, and customer segmentation.
“Earnix enables carriers to holistically manage their operations in one seamless solution that allows insights to be accessed across pricing, underwriting and rating teams,” said Tomasz Klukowski, Executive Manager at Sollers Consulting.
Adding: “Their ongoing investment in developing innovative and easy-to-use technology has expanded Sollers’ range of services, further cementing our status as a strong global partner for digital transformation.”
