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Earnix (London) and Guidewire Software (San Mateor, Calif.) have announced that the two companies have launched a collaborative effort to facilitate faster adoption and increased ongoing performance of their shared offerings. Earnix is a global provider of real-time AI-driven rating, analytical underwriting, dynamic pricing, product personalization, and fully operationalized telematics solutions for Insurance and Banking. Earnix has joined Guidewire PartnerConnect as a Solution partner at the Select level.
“We are excited to work with Guidewire to help insurers move faster and smarter,” comments Dror Pockard, Chief Strategy Officer, Earnix. “By integrating Advanced Product Designer and PolicyCenter from Guidewire with Price-it from Earnix, we will accelerate speed to value by reducing implementation time and costs and accelerate insurers’ speed to market in defining and updating prices and products, and testing products in market.”
Partnering with niche suppliers and other entities helps insurers to engage better with customers and agents, innovate faster, and grow their business efficiently, an Earnix statement notes. Achieving these goals necessitates continually removing friction across the insurance value chain, so that insurers can move faster, whether that be introducing new or improved products, testing pricing changes, improving customer experience, or driving efficiency through automation, the statement says.
Adding Data-Driven Intelligence to Core Platform
Guidewire’s PartnerConnect ecosystem includes 150 solution partners providing over 170 integrations in the Guidewire Marketplace. PartnerConnect Solution partners provide software, technology, and data solutions as well as insurance support services. “Our Solution partners help drive business value and innovation for insurers by developing and delivering integrations, extensions, apps, and other complementary solutions for Guidewire products,” a Guidewire statement says.
“The API first approach of Guidewire Cloud has enabled us to create an open platform, making it much easier to connect with other systems and data providers, increasing customer value, and adding more data-driven intelligence to our core platform,” comments Eugene Lee, SVP and General Manager, InsuranceSuite, Guidewire. “Our partnership with Earnix is a great example of this and we are delighted to welcome them as our newest Guidewire PartnerConnect Solution partner.”