The partnership will enable TMNAS to streamline its operations and improve efficiency.
By leveraging Earnix’s advanced technology, TMNAS will have access to a single source of truth for pricing, rating, and filing data. This will reduce errors, minimize risks, and accelerate time-to-market for new products and services.
This collaboration underscores the importance of data-driven insights in the insurance industry. By harnessing the power of AI and advanced analytics, TMNAS and Earnix aim to drive innovation and enhance customer experiences.
“Insurers want to—and must—innovate. The key when choosing new solutions is to select those that address the operation as a whole,” said Robert Pick, EVP & CIO at TMNAS. “Earnix integrates seamlessly across the entire tech stack and provides the agility to futureproof our businesses regardless of market or regulatory changes.”
“Tokio Marine North America Services has long embraced cutting-edge technology and approaches on behalf of its customers,” said Robin Gilthorpe, CEO at Earnix.
He added: “This integration enables the important development of a centralized rate repository, building the foundation for sophisticated pricing and rating strategies and rapid time-to-market for the business. Earnix is proud to provide a solution that helps TMNAS manage multiple lines of business across the United States in the face of changing market conditions and a complex regulatory environment and meet the needs of its valued customers.”