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RAC Insurance adopts new data analysis technology

Perth-based RAC Insurance has installed a solution from UK insurtech Earnix that allows it to better manage data analysis to serve its 1.2 million members.

The first phase of Earnix’s solutions has been deployed and will improve modelling and data governance. Earnix Founder and Chief Insurance Officer Sammy Krikler says the project integrated RAC’s core platform in a solution implemented by actuaries Finity.

“This joint effort has set a solid foundation to unlock efficiencies and enable innovation for many years to come,” he said.

Earnix says it has been innovating for insurers since 2001 and has customers in more than 30 countries and offices in the Americas, Europe, Asia Pacific and Israel.