Exavalu and Cloverleaf will offer carriers a comprehensive advanced analytics solution to enable predictive and prescriptive analysis and data visualization for top-line growth, profitability, and customer satisfaction goals
Concurrent to the partnership news, Exavalu joins the Ethical AI in Insurance Consortium which aims to promote the ethical use of algorithms and decision models
Austin, TX – July 26, 2023 – Cloverleaf Analytics (Cloverleaf), the leading provider of Insurance Intelligence solutions, today announced that it has partnered with Exavalu, a leading global insurance digital solutions and IT consulting company. The companies’ combined technology and solutions consulting expertise will enable insurers to utilize a powerful analytics platform for all lines of business and internal departments to realize the power of data warehousing and data lake technologies for operational and predictive analysis.
Exavalu brings extensive experience from insurance and technology resources with deep experience in digital transformation and platform modernization for P&C and L&A carriers. Leading insurers and technology partners trust the company for CXO advisory and implementation services including expertise across data & analytics, core modernization, digital portals, integration, customer experience, and hyper automation projects using Guidewire InsuranceSuite, InsuranceNow, Socotra, Salesforce, and Appian.
Cloverleaf’s platform enables insurers to solve seemingly insurmountable challenges in organizing, understanding, and extracting value from insurance data. Additionally, Cloverleaf’s holistic approach to AI/ML, and other emerging technologies has enabled insurers to make strategic and not impulse technology purchasing decisions based on the most popular topic in the news.
“This is a unique and exciting partnership for Cloverleaf as it will expand the awareness and implementation of our platform while also helping democratize insurance data for greater numbers of carriers that rely on Exavalu’s management consulting expertise,” said Michael Schwabrow, EVP of Sales & Marketing for Cloverleaf Analytics. “We have reached critical mass in the insurance industry of carriers that realize their future depends on how they understand and use their data to improve their growth, profit, and customer relationships. This partnership will be an invaluable asset for insurers ready to move forward with advanced, cloud-based analytics in weeks or months instead of years.”
“Exavalu has a selective partner ecosystem that comprises industry leaders in digital insurance core platforms along with analytics and ML, insurtech, integration, customer experience, and hyper automation solutions,” said Saurav Basu, President of Exavalu. “Bringing Cloverleaf into our advanced analytics offerings based on Snowflake gives our clients access to the best insurance-centric analytics and intelligence platform in the market today. There is tremendous potential for the speed and depth of our modern analytics enablement for carriers looking to accelerate the use of predictive and prescriptive operational analytics.”
Insurers interested in exploring how they can transform claims, underwriting, customer experience and other insurance functions can learn more at – https://cloverleafanalytics.com/cloverleaf-exavalu-partnership/.
In addition to the new partnership, Exavalu is pleased to join the Ethical AI in Insurance Consortium as a founding member along with Cloverleaf Analytics and Socotra. The Consortium is a collaborative platform dedicated to promoting responsible and ethical adoption of artificial intelligence (AI) in the insurance industry. The body will collaborate with member organizations to create standards, build trust, and shape the future of AI in the insurance industry.
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About Cloverleaf Analytics (Cloverleaf)
Cloverleaf Analytics is the leader in insurance intelligence solutions, having evolved from Business Intelligence (BI) into providing advanced tools using ML and other emerging technologies to empower carriers to achieve unparalleled growth. Cloverleaf enables carriers in diverse lines of business to create modern products that help insurers remain competitive against new market entrants while redefining what consumers and businesses understand as the meaning of insurance value. For more information, please visit www.cloverleafanalytics.com.
Exavalu is a Specialized Digital Transformation Advisor & Digital Solutions Partner for the Insurance Industry. Founded by former Industry CIOs and Consulting Executives with background in complex transformation and change Initiatives within the Insurance Industry, Exavalu brings the best in Strategic Advisory and Digital Solutions delivery on Industry leading technology platforms. For more information, please visit www.exavalu.com.