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The Future of UBI Auto Insurance is Here
The Future of UBI Auto Insurance is Here

August 19, 2021

By Earnix Team

In a world where “Siri” is at the ready to help meet requests, either by updating you on the local weather forecast or even letting you know when you’re about to pass your favorite coffee shop (as if you’d need a reminder!), personalized service has become an expectation. Today’s savvy consumers dem ...

Telematics
Why Actuaries are Crucial for Value Creation in Insurance
Why Actuaries are Crucial for Value Creation in Insurance

July 19, 2021

By Rick de Jager & Jurjen Boog

Insurers are confronting change and reinventing themselves to meet economic pressures and changing client needs. Customers are expecting the same level of convenience and customer experience as with online shopping. Consumer use of mobile devices is shifting. Initially fed by the need for sustainabi ...
Analytics
Data Codes through Eyeglasses
Mathematical Prescriptive Analytics in Banking & Insurance

July 6, 2021

By Luba Orlovsky

Imagine you have a magical tool that allows you to build a perfect model of the world – as precise as you wish. A model that can give you all the answers about the future. It can tell you anything! Just ask, “Is it going to rain tonight?” Or even better, “What will the price for oil be tomorrow?” An ...
Analytics
People Near Table
How Insurance Broker Data will Win in 2021

April 8, 2021

By Earnix Team

Price guarantees, the ‘we won't be beaten on price and cash rewards’ attitude are some of the standard marketing practices in the UK insurance market, putting the focus solely on price and pricing. This has forged a disconnect between what consumers want and what insurers and brokers are providing, ...
Analytics
A Worn Out Yellow Pencil in Close Up
Human Error During The Pricing Process & How to avoid it?

March 5, 2021

By Earnix Team

One would think that with all the digital advancements of the past few years, human error as such has been obliterated from the rating/pricing process. But when it comes to pricing, it still plays a powerful role. One that carries a significant business cost. The ambitious goal to minimize (or, idea ...
Analytics Pricing
Creating Real Customer Value Through Telematics & UBI
Creating Real Customer Value Through Telematics & UBI

February 26, 2021

By Earnix Team

Telematics, the joining of communications and informatics, enables usage and behavioral driving data to be communicated with a third party, be it a commercial fleet conductor or an insurance carrier, sending useful information while the vehicle is in use. It can capture data such as a car’s location ...

Personalization
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