In the ever-changing insurance industry, carriers need to have cutting-edge, adaptable pricing strategies supported by thorough price research.

It is essential for insurers to use analytics and AI for dynamic pricing, rating, underwriting, and product innovation because traditional models frequently fail to satisfy these expectations.

Through this relationship, carriers will be able to quickly provide customized goods with variable prices, efficiently coordinating pricing strategies with business objectives.

Earnix's AI capabilities and strong analytical modeling enable real-time decision-making. Conversely, Exavalu provides implementation services, operational advising, and in-depth knowledge of insurance technologies.

"As carriers modernize their core, digital and data capabilities, improving pricing analytics, accelerating market data integration, and automating rate manufacturing and deployment using a single modern, low-code pricing and rating system become essential for speed to market," said Saurav Basu, President and Founder of Exavalu Inc. To give digital carriers a competitive edge, Exavalu's extensive experience in insurance technology, operational advice, and implementation skills combine with the strength and adaptability of the Earnix platform.

"We are thrilled to combine the decades of experience of Exavalu's advisory services, technology consulting, and system integration teams with Earnix's technology to meet the most pressing strategic transformational challenges of top tier insurers," said Ruth Fisk, Head of Business Development at Earnix.