The Earnix Blog: Resources for Insurance and Banking Leaders

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The Power of End-to-end Automated Pricing Platforms

January 11, 2022

By Earnix Team

In the first blog article of our end-to-end pricing and rating series, we highlighted the benefits that a true end-to-end platform can deliver and described the many challenges caused by disparate, siloed pricing and rating engines.In that article, we described some of the game-changing technolo ...

New FCA Insurance Regulations: Complying with ‘Price Walking’

December 15, 2021

By Alexander Ostrovski

Earnix Makes it Easy to be FCA-Compliant and Reward Loyal Customers The UK’s Financial Conduct Authority (FCA) aims to tackle ‘Price walking’ by implementing new rules to protect consumers from loyalty penalties related to various insurance products. These new rules, which were announced in May 2021 ...

Aeriel Shot of a Bridge in a City

October 7, 2021

By Earnix Team

Siloed Pricing Systems and Approaches Don’t Get the Job Done  Today, a surprisingly high number of insurance companies still use a patchwork approach to pricing and rating: manual efforts, homegrown or legacy solutions, and third-party, disconnected systems.  Or maybe we should say “attempt to use, ...
Time-lapse Photo Of Cars In Asphalt Road

September 30, 2021

By Earnix Team

How UBI is changing Auto Insurance Thanks to innovative Usage-based Insurance (UBI) technologies, a revolution is happening in the way auto insurance is being calculated. Today, it’s easy to record and analyze a driver's behavior while they are behind the wheel. Given that the average American spen ...

Lean Personalization: An Effective Way to Get Started with Insurance Personalization

September 3, 2021

By Lucy Kadets

Offering each customer a tailored offer bundle, according to their individual insurance needs, is what personalization is all about. Numerous players in the insurance industry are talking about the concept of insurance product personalization today, but for as much buzz as it’s getting, it’s a topic ...
Person Reaching Out to a Robot

August 26, 2021

By Earnix Team

Every day, agile new businesses crop up that threaten the survival of the stalwarts that dominated before. With technology developing at a rapid pace, no business is immune to the threats posed by the Upstarts and the ‘Lemonade-like’ insurtechs of the world. Yes, digital transformation is real and i ...