The Earnix Blog

10 Insurance Industry Statistics Regarding Modernizing Operations

February 27, 2023

View Earnix's recently published 2022 Industry trends report covering modernizing insurance operations, based on a survey from nearly 300 global insurance executives.

TransformationPersonalization
Featured content
10 Insurance Industry Statistics Regarding Modernizing Operations
Personalization
10 Insurance Trends That Will Influence the Insurance Industry in 2023
RatingCustomer Centricity
Introducing Earnix Pricing Accelerator

June 6, 2023

By Earnix Team

Thinking of leveraging analytics in your pricing processes but don’t want to be overwhelmed by complex data analysis tools? Want to find ways to better leverage the work of your data science teams? Do you wish there were an easier way to analyze your pricing strategies and make data-driven decisions? Look no further than Pricing Accelerator. 

Pricing
A Real-Time Pricing Engine: The Key Ingredient to Increased Profitability for Auto Lenders

May 24, 2023

By Earnix Team

What technology can lenders implement to make pricing a competitive weapon, no matter how the market evolves?

Pricing
3 Immediate Benefits of an Agile Pricing Engine: Proactive Pricing for Auto Finance

March 29, 2023

By Sean Johnson

What does it mean to have a proactive, optimal pricing strategy? The first, and most simple answer, is the ability to understand how the market will react to changes in price – how this will affect auto loan volumes – and then identify the ideal price across all cells. In order to be proactive, it is imperative that you are able to accurately model and forecast how various changes in rates will impact a customer’s probability of closing a loan.  

PricingIT
Automatic GLM in Insurance & Banking: Modeling in a Click

March 28, 2023

By Luba Orlovsky

To make a cake, you need to have specific ingredients: eggs, milk, flour, etc. The same applies to a model, you need to have variables such as age, tenure, and price. 

AnalyticsAIPricing
Insurtech Insights 2023 – All for one!

March 28, 2023

By Peter Gregory

It was a harsh realisation that led me to start thinking about partnerships and relationships - this was the 24th year that I had been attending Insurance/IT conferences and just as I thought I’d seen everything, here I was at Insurtech Insights 2023! 

PricingTransformationIT
a Rubik's cube symbolizing the complexity of compliant banking
Agile and Compliant Banking and Lending: How to Achieve Both within an Era of Increasing Regulation

March 23, 2023

By Earnix Team

Digitalization has sped up changes in the banking industry, but in the area of compliance, things are still running slow. In an industry wracked by fraud, identity theft, and other financial crimes, banks are being asked to maintain transparency on the masses of data they handle. The compliance burd ...

PricingGovernance and Compliance
Designing the Future State Solution

March 16, 2023

By Robyn Kurtz Levy & Pinchas Leybov

Every organization is at a different point of maturity. Its technology architecture and software implementations form a unique combination, including the length of time they’ve been in place, and how ingrained they are in daily work and processes. 

ITTransformation
Featured content
10 Insurance Industry Statistics Regarding Modernizing Operations
Personalization
10 Insurance Trends That Will Influence the Insurance Industry in 2023
RatingCustomer Centricity