’Earnix recognises the potential for growth and innovation in the UK insurance market,’ says head of business development
Insurtech Earnix has joined forces with HCL Tech to accelerate digital transformation in the insurance industry.
The partnership aims to streamline rating systems, upgrade legacy technologies, improve quality and compliance, enhance scalability and help carriers deliver personalised products to customers.
Ruth Fisk, head of business development at Earnix, told Insurance Times: “Earnix recognises the potential for growth and innovation in the UK insurance market.
”By combining our analytics driven pricing engines with HCL Tech’s deep domain knowledge and end to end support capabilities, we can streamline rating systems, upgrade legacy technologies and deliver personalised products to UK carriers.”
Conversion rates
Fisk also explained that the partnership was a “strategic long-term collaboration” that aims to help insurers secure higher conversion rates.
Read: ‘Many impediments’ to innovation, but ‘significant opportunities’ ahead – Earnix
Read: TechTalk – Uptick in chief artificial intelligence officers joining insurance c-suites
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She added: “We are confident that this partnership will enhance compliance, drive higher conversion rates and enable seamless scalability for tier one and tier two insurance carriers in the UK and beyond.”
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
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