Date: 2nd April 2024 Location: Wayne, PA
Xemplar Insights and Acronex Europe Forge a Strategic Partnership for the European Market
Xemplar Insights, a leading provider of digital solutions for insurers, is thrilled to announce a groundbreaking partnership with Acronex Europe, a dynamic insurance technology solutions company. This collaboration marks a significant milestone in the realm of telematics solutions, promising to deliver cutting-edge technology to carriers and MGAs across Europe.
"Acronexโ s plan to offer low-cost telematics solution in the European auto insurance market resonated deeply with our mission to take our products to Europe," stated SK Tirumala, CEO of Xemplar Insights. "Their vision for leveraging smartphone telematics and AI solutions to enhance profitability and efficiency perfectly complements our commitment to delivering digital transformation solutions in the insurance sector."
Leo Gavelas, CEO of Acronex Europe commented "At Acronex, we aspire to reduce accidents and save lives across Europe but equally important reduce emissions from an Eco driving behavior. The partnership with Xemplar represents a strategic alignment of our goals, enabling us to deliver unparalleled value to both drivers and their families, carriers, and MGAs across Europe".
The collaborative efforts between Xemplar and Acronex is expected to drive significant adoption in the use of superior digital services for car owners such as telematics, accident reporting and road assistance for lowering accidents and loss ratios in European countries. As the partnership between Xemplar and Acronex continues to evolve, both companies remain committed to driving innovation and delivering cutting-edge solutions to targeted insurance markets in Europe. With a shared vision and complementary expertise, the future looks promising for this dynamic collaboration.
About Acronex Europe
Acronex Europe (www.acronexgroup.com) is an insurance consultancy and innovative solutions provider, with a global team and experience. Since its establishment in London in 2018, has provided solutions to regional and global insurers simplifying processes and innovating products and services.
Car insurance and services around the car and driver are one of its growth pillars for the next 3 years with a focus on Europe but aspiring to expand in Asia Pacific. Acronex Europe has invested in new insurance MGAs creating a captive platform for innovation piloting new ideas before distributing in the open market.
About Xemplar
Xemplar Insights (www.xemplarinsights.com) is a software solutions company, with a proven record of successful implementations, impactful results, and customer satisfaction. In operation since 2017, the Xemplar team has developed and implemented several innovative software solutions in mobile, web, and AI technologies to enable P&C carriers, MGAs, and commercial fleets with digital transformation in (a) customer engagement, (b) operational efficiency, and (c) risk management.
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