Earnix

Earnix Ltd. develops integrated pricing and customer analytics software tailored for financial services, enabling companies to predict customer behavior and assess its impact on business performance. The company offers two primary products: Earnix Insurance, which helps insurance providers optimize performance across various product lines, and Earnix for Banking, a suite designed to enhance pricing and customer value in banking products such as deposits, loans, and credit. By leveraging predictive modeling and optimization alongside real-time connectivity to core operational systems, Earnix empowers banks and insurers to make data-driven decisions that align with market dynamics. Additionally, it provides services related to data preparation, demand modeling, deployment, integration, and training, available through both on-premise and cloud options. Founded in 2001 and headquartered in Ramat Gan, Israel, Earnix serves a global clientele of banks and insurance companies.

Jacob Eckel

Vice President, Research and Development and CTO

Sammy Krikler

Co-Founder, Chief Insurance Officer, Head of Insurance Business and Board Member

Reuven Shnaps Ph.D

Chief Analytics Officer and Vice President of Professional Services

1 past transactions

Driveway

Acquisition in 2021
Driveway is a cloud-based technology company focused on enhancing driver safety and aiding auto insurers in assessing risk. It offers a telematics platform that utilizes patented artificial intelligence to automatically measure driving behaviors through smartphones, eliminating the need for additional hardware. By leveraging sensor fusion, machine learning, and AI algorithms, Driveway provides insurers with detailed data on driving performance, which enhances pricing intelligence and promotes lower loss ratios. This innovative approach supports the Usage-Based Insurance model, making it easier and more cost-effective for insurers to roll out driver safety programs. The platform not only rewards safe driving but also helps ordinary drivers improve their habits without complications, fostering a safer driving environment.
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