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Earnix has joined the British Insurance Brokers’ Association (BIBA) as an associate member, reaffirming its dedication to supporting UK brokers with AI-driven solutions for pricing accuracy and operational efficiency.

Earnix announced that it has signed a definitive agreement to acquire Zelros, a pioneer in Generative AI for insurers and banks. This innovative collaboration will bring the power of predictive, generative, and agentic AI across the entire risk decisioning, personalization, and claims cycle, thereby enabling pricing and underwriting professionals to deliver compelling offers while improving business performance. 

Earnix announced the launch of Filing Accelerator, a new add-on module in Earnix Price-It, designed to streamline the generation of filing documentation needed for filing proposed rate changes with departments of insurance in North America, as well as provide rate documentation needed by any insurer for internal audits, reviews, or approvals.

Erez Barak, CTO at Earnix, elaborates about the role of Artificial Intelligence in the UK insurance sector amid the recent concerns raised by the Financial Conduct Authority.

In an interview with Reinsurance News, Craig Campestre, Chief Revenue Officer at Earnix, highlighted that the insurance and reinsurance industry can do more to adopt artificial intelligence (AI), emphasising the need for deeper integration, improved governance, and the rise of roles like Chief AI Officer.

AI systems must be transparent, free from bias, and easily explainable, writes Robin Gilthorpe, CEO of Earnix. These criteria are not only essential for regulatory compliance but will also help build trust with consumers and regulators.

Earnix announced that its Model Accelerator tool has been selected as winner of the InsurTech Innovation category of the annual FinTech Breakthrough Awards program for the second consecutive year.

Earnix announced that it has been included in CNBC World’s Top Insurtech Companies 2024 in partnership with Statista. CNBC and Statista’s World’s Top Insurtech Companies 2024 aims to shed light on the constantly growing and fast changing global insurtech-market by awarding the top insurtech companies.

Earnix has achieved a Silver Medal from EcoVadis, the world’s most trusted provider of business sustainability ratings. As a Silver Medal recipient, Earnix is among the top 15% of companies rated globally.