The latest partnership news from Earnix FYI;
Earnix, the leading global provider of AI-based SaaS solutions for financial services, today announced a global collaboration with NTT DATA, a digital business and IT services leader, to support leading property and casualty insurance carriers with cloud-based intelligent solutions for pricing, rating, underwriting, and policy personalization. By seamlessly integrating Earnix’s comprehensive end-to-end solution with NTT DATA’s expertise in data migration, the partnership improves insurers’ time to market and ability to leverage data for innovation.
Research from NTT DATA’s report, Revolutionizing Insurance Through the Power of Data and AI, indicates that the global insurance analytics market, valued at $11 billion in 2022, is expected to surge to $35 billion by 2030, growing at an annual rate of 15.6%. Insurers are increasingly required to meet rising customer expectations for superior experiences and tailored products, all while navigating the constraints of outdated systems. Earnix addresses these challenges by utilizing AI to transform the rate-making process, enabling the incorporation of real-time feedback to create personalized customer experiences.
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