Earnix and HCLTech Partner to Drive Transformation in Insurance Rating and Pricing
22. October 2024
- Versicherung
Featured content
BOSTON, October 22, 2024--Earnix, the leading global provider of AI-based SaaS solutions for financial services, and HCLTech, a leading global technology company, today announced a partnership to accelerate transformation in the insurance industry. The partnership aims to streamline rating systems, upgrade legacy technologies, improve quality and compliance, enhance scalability, and enable carriers’ ability to deliver personalized products to their customers.
This partnership combines Earnix’s expertise in analytics-driven pricing engines with HCLTech’s deep domain knowledge and end-to-end support capabilities. Carriers will benefit from rapid implementation, allowing for quick ROI, seamless integration, and enhanced data management. By integrating and simplifying rating processes, reducing quoting times, and replacing outdated systems with modern, efficient platforms, Earnix and HCLTech will empower insurers to enhance compliance, drive higher conversion rates, and seamlessly scale their operations as they grow.
“The Insurance industry continues to adopt technology as a growth driver,” said Anubhav Mehrotra, SVP, Insurance Head, North America, HCLTech. “Striking the right balance between innovation and efficiency will be key to supercharging progress for our customers with streamlined operations, enhanced customer experience, and accelerated growth. Combined with Earnix Rating and Pricing analytics, HCLTech’s deep domain experience in Insurance and next-gen capabilities are uniquely placed to help our clients in their growth journey.”
“Together, Earnix and HCLTech enable carriers to offer more personalized solutions while optimizing workflows and maximizing the long-term value of their pricing tools,” said Ruth Fisk, Head of Business Development, Earnix. “This helps insurers compete, innovate, and grow in the face of dynamic and uncertain market conditions and regulatory changes.”
To learn more about this partnership, click here.
###
About HCLTech
HCLTech is a global technology company, home to more than 218,000 people across 59 countries, delivering industry-leading capabilities centered around digital, engineering, cloud and AI, powered by a broad portfolio of technology services and products. We work with clients across all major verticals, providing industry solutions for Financial Services, Manufacturing, Life Sciences and Healthcare, Technology and Services, Telecom and Media, Retail and CPG, and Public Services. Consolidated revenues as of 12 months ending September 2024 totaled $13.7B. To learn how we can supercharge progress for you, visit hcltech.com.
CONTACT:
For Earnix:
Krystina Puleo
Global Director of External Communications
For HCLTech:
Meredith Bucaro, Americas
Elka Ghudial, EMEA
James Galvin, ANZ
Nitin Shukla, India
About Earnix
Earnix is the first AI company purpose-built for insurance decisioning, providing the industry with the intelligence, governance, and decisioning agility to drive profitable growth, improve resilience, and operate with speed and precision in a rapidly changing risk environment. A trusted provider of production-grade AI and decisioning technology, Earnix builds on more than 25 years of experience in artificial intelligence risk, pricing, rating, analytics, and decisioning. Earnix brings vertical AI into the workflows and decisions that shape insurance performance across insurers’ pricing, underwriting, claims, customer engagement, retention, and other insurers high-value insurance moments. Earnix’s AIOS enables insurers to orchestrate intelligence across the insurance decision lifecycle and drive governed, real-time decisions that deliver measurable business outcomes. Earnix is headquartered in Boston, MA and 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, visit www.earnix.com.