Earnix and Sapiens Partner to Unlock Operational Efficiency for P&C Insurers in EMEA and APAC

Streamlined Integration for Insurers

Earnix and Sapiens have announced a new partnership aimed at enhancing operational efficiency for property and casualty (P&C) insurers in the EMEA and APAC regions. Their collaboration centers around the Earnix Price-It Connector, which integrates seamlessly with the Sapiens IDITSuite.

What the Connector Offers

The Earnix Price-It Connector is designed to improve the pricing processes for insurers by increasing speed and automation. This integration allows insurers to access better pricing models, which can lead to more accurate underwriting and enhanced policy lifecycle management. With these improvements, companies can expect a boost in efficiency when it comes to pricing and policy administration.

Key Benefits for Insurers

• Faster Pricing Decisions: The connector aims to reduce the time it takes to make pricing adjustments, allowing insurers to respond more swiftly to market changes.
• Enhanced Automation: By automating various parts of the pricing and policy lifecycle, the partnership can help decrease manual errors and improve overall accuracy.
• Better Data Utilization: Insurers can leverage advanced analytics to refine their pricing strategies, ultimately leading to improved competitiveness.

Who It Impacts

This development primarily targets insurers in the EMEA and APAC regions, especially those using Sapiens IDITSuite for policy administration. Insurers looking to streamline their operations and enhance their pricing strategies may find this integration particularly beneficial.

In Summary

The Earnix Price-It Connector represents a noteworthy step forward for insurers seeking to modernize their pricing processes and improve operational efficiency. With the promise of faster and more accurate pricing decisions, this partnership could make a significant difference in the way companies in these regions manage their insurance offerings.

Original Source: https://ffnews.com/newsarticle/insurtech/earnix-price-it-connector-sapiens-integration/