" class="no-js "lang="en-US"> Simpego Selects Earnix to Expand Intelligent InsurOps Capabilities
Sunday, April 14, 2024

Simpego Selects Earnix Telematics Solution to Expand its Intelligent InsurOps Capabilities

 Earnix, a global provider of mission-critical composable and cloud-based intelligent solutions for insurers and banks, today announced Simpego, a fully digital Swiss carrier and a leader in the field of dynamic and Machine Learning (ML)-powered pricing, selected Earnix Drive-It to expand its intelligent insurOps capabilities. The Earnix Drive-It solution combines an app that collects robust data around breaking, acceleration, distraction, speed, cornering, and other real driving events with ML and AI capabilities to generate predictive, personalised scores.

Earnix Drive-It quickly enhances telematics capabilities with a fully operationalised solution by integrating with Earnix Price-It, an end-to-end pricing and rating solution, used by Simpego since 2018. It flexibly integrates with existing systems and operationalises emerging behavioural data sources. By aligning offers to real-life behaviours, insurers can more accurately assess and price risk factors, unlock new premiums, and drive operational efficiency.

“After a thorough evaluation of multiple telematics solutions, Earnix was the clear winner,” said Michael Ammann, Chief Underwriting Officer at Simpego. “The app’s capabilities coupled with highly accurate reporting of driver behaviour and the seamless integration with our existing pricing solution from Earnix gives us the flexibility, agility, and governance we need.”

With Earnix Drive-It, both carriers and policyholders see benefits quickly. Friction-free onboarding and data capture built for scalability allow the policyholder to download Earnix Drive-It from the app store, register, and drive. High consistency and quality of trip data via sensor fusion empowers accurate driving behaviour to be identified such as miles driven, frequency of speeding, cornering, hard breaking, and phone usage.

“The Earnix Drive-It solution really is in a class of its own,” said Adrian Coupland, head of EMEA Insurance at Earnix. “Our Earnix Drive-It telematics solution is directly integrated into our market leading pricing and rating solution, enabling our clients to benefit fully from real time driving and risk data without any delay.”

Earnix Drive-It can be deployed as an app-only option or can integrate with in-vehicle hardware. The ease of access to an operationalised telematics solution is the key to rapid adoption and customer satisfaction.

People In This Post

Companies In This Post

  1. BNY Mellon Collaborates with Accenture to Drive Accelerated Growth for Clients Read more
  2. XS.com Awarded the “Best Multi-Asset Broker – LATAM” at UF Awards in Mexico Read more
  3. Insurtech bolt Appoints CFO, Matt More, SaaS Technology Veteran Read more
  4. Navy Federal Credit Union Announces 7-Year Strategic Partnership With Backbase Read more
  5. aelf Leads the Fusion of AI and Blockchain to Shape the Future of Technology Read more