Matmut Selects Earnix for Comprehensive Modeling, Pricing, and Rating Engine

The mutual insurer can now not only build, test, and deploy rates into the market with ease, but also benefit from automation, governance, and auditability.

(Image credit: Jimmy Desplanques/Unsplash.)

Matmut (Rouen, France) one of France’s leading property and casualty insurers, offering a range of personal and commercial insurance products, has selected Earnix (Tel Aviv/London), a global provider of AI-based SaaS solutions for insurers and banks. Using Earnix technology, Matmut can seamlessly integrate machine learning models as part of its pricing strategy. This enables Matmut to not only build, test, and deploy rates into the market with ease, but also benefit from automation, governance, and auditability, according to an Earnix statement.

“This partnership empowers our pricing team to provide top leaders with recommended pricing changes based on simulation and the ability to implement these changes more easily,” comments Emeric Bellanger, Technical Director of Claims and Pricing, Matmut. “Earnix solutions enable new models to be implemented, new products to be launched and pricing strategies to evolve more quickly.

“Earnix prides itself on working with innovative insurers around the world,” comments Robin Gilthorpe, CEO, Earnix. “We are delighted to be working with Matmut to support the strategic market initiatives needed to maintain and grow market share.”

Earnix reports that the partnership extends across the Matmut business.

Earnix Names Robin Gilthorpe CEO

Anthony R. O’Donnell // Anthony O'Donnell is Executive Editor of Insurance Innovation Reporter. For nearly two decades, he has been an observer and commentator on the use of information technology in the insurance industry, following industry trends and writing about the use of IT across all sectors of the insurance industry. He can be reached at AnthODonnell@IIReporter.com or (503) 936-2803.

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