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Using Analytics to Deliver Personalized Insurance Products at Scale
Using Analytics to Deliver Personalized Insurance Products at Scale

April 1, 2022

By Hen Fridman

20 years ago, Jeff Bezos said “personalization is when you go into a bar and sit down and the bartender puts a whiskey in front of you without having to ask what you want.” Since he said those words over two decades ago, personalization has become popular across industries - from retail to aviation, ...

Analytics
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
A Solid Analytical Solution: Analytical Sophistication | Earnix
A Solid Analytical Solution: Analytical Sophistication | Earnix

May 18, 2017

By Jonathan Moran

For financial services organizations as well as insurers, analytical sophistication continues to increase in importance as margins continue to shrink. With minimal margins on the majority of products and services, extracting insight from data using analytics is crucial to meeting company objectives. ...

Analytics
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