How can Insurance Carriers Enhance their Digital Infrastructure?

Earnix CEO, Udi Ziv discusses how insurance software companies like Earnix can help carriers offer more personalized and dynamic solutions, understand customers’ unique needs, speed up the roll out of changes, increase automation and operational efficiency, ensure compliance, maintain confidentiality, and help carriers to stay relevant.

“Thoughtfully stepping into the realm of AI and data is so important in a market that is changing on a monthly basis,” said Ziv.

Ziv brought up the example of usage-based insurance (UBI), and how tracking driving behavior is made easier with AI, but carriers have to be patient throughout the integration period.

“By definition, UBI is personalized and having the ability to collect that data while providing affordable pricing is a win-win for everyone,” he emphasized.