Earnix, a Tel Aviv, Israel-based dynamic AI platform for Insurance, is to acquire Zelros, a Paris, France based pioneer in Generative AI for insurers and banks.
The amount of the deal was not disclosed.
By combining Earnix’s advanced Predictive AI platform with Zelros’s GenAI recommendations engine, providers can now present the right offer, at the right price, at the right time. The joint offering provides precise decision-making at scale in regulated environments for pricing and product managers, underwriters, and agents, ultimately resulting in higher conversion rates with better customer engagement and satisfaction.
Both companies bring demonstrated impact in supporting insurers and banks across the globe, including Aviva, AXA, BPCE, IAG, Generali, Matmut, Santander, and Tokio Marine.
Led by Damien Philippon, Co-founder and CEO, Zelros is an InsurTech company whose GenAI-driven recommendation engine is enabling a unique customer and agent experience through hyper-personalized insurance recommendations across channels. Zelros serves some of the world’s largest insurance companies, including AXA, BPCE, Groupe Prévoir, MAIF, and Matmut.
Led by Robin Gilthorpe, CEO, Earnix is a provider of mission-critical, intelligent decisioning across pricing, underwriting, rating, and product personalization. Its fully integrated platform is designed to enable global insurers and banks to unlock value across all facets of the business. Earnix has been innovating for insurers and banks since 2001, with customers in over 35 countries across six continents and offices in the Americas, Europe, Asia Pacific, and Israel. The company is backed by investors JVP and Insight Partners.
FinSMEs
01/05/2025