LONDON, October 29, 2024 - Earnix, the leading global provider of AI-based SaaS pricing and rating solutions for financial services, today announced that Ethias, the leading insurer in Belgium, has chosen Earnix to evolve its pricing strategies and support profitable growth.
Ethias is one of Belgium's leading insurers with almost 1.2 million individual customers and more than 40,000 local authority and business customers. Ethias offers a range of products to the public institutions, businesses and consumers it has direct relationships with.
With this partnership, Ethias can seamlessly integrate machine learning models as part of its pricing strategy. This enables Ethias to not only build, test, and deploy rates into the market with ease, but also benefit from automation, governance, and auditability across all product ranges. It also integrates easily into Ethias’s evolving tech stack, enabling rapid and optimized pricing adjustments.
Wilfried Neven, Chief Customer Officer at Ethias said, “This partnership empowers our pricing team to dynamically design, test and deploy our pricing to the market. It also provides the ability to implement these changes more easily in response to the market changing risks and competitions."
"Earnix is proud to be working with market-leading insurers around the world who are innovating the market – like Ethias,” said Robin Gilthorpe, CEO of Earnix. "We are delighted to help Ethias operationalize their strategic market objectives to maintain and grow market share."
###
About Ethias
Ethias is the 3rd largest insurer in Belgium. It is recognized for its unique business model based on direct, digital and public services, the commitment of its 1,900 employees, the trust of its customers (nearly 1,200,000 individual customers and more than 43,000 local authority and corporate customers), its more than 100 years of experience and its robust financial base.
Supported by a solid group strategy, Ethias is constantly innovating to create value and meet the needs of tomorrow through ecosystems in the fields of health, mobility and housing.
With its phygital approach and social responsibility, Ethias wants to be not only an insurer, but also a daily partner, accessible to all.
Our mission: to simplify insurance to bring you security, peace of mind and entrepreneurial freedom, with innovative products and services. As a partner in your daily life, we put our expertise and dynamism at your service.
CONTACTS:
For Earnix:
Krystina Puleo
Global Director of External Communications
krystina.puleo@earnix.com
For Ethias :
Albane Lairesse
albane.lairesse@ethias.be