The Earnix Blog
December 18, 2023
By Earnix-Team
Aggregators, or price comparison platforms, offer consumers more choice, and a method of directly comparing options for a given type of insurance. The rankings that result from entering a few bits of personal or property information are most often presented in descending order by price.
December 13, 2023
By Earnix-Team
As insurers continue to face lingering economic conditions and challenging markets, they are devising new strategies in response. One interesting shift is insurers’ increased focus on profitability instead of growth.
December 11, 2023
By Luba Orlovsky
November 22, 2023
By Earnix-Team
November 15, 2023
By Earnix-Team
As global temperatures rise, the occurrence of extreme weather events such as hurricanes, wildfires, floods, and droughts becomes more frequent and intense. This increase in natural disasters leads to higher insurance claims and makes it more challenging for insurers to accurately assess and price risks.
November 13, 2023
By Earnix-Team
Data is an invaluable asset in any business, but particularly in businesses such as insurance and banking, where the products are intangibles, instead of physical goods. Much of these businesses’ revenue, profitability and market share are driven by using data as a competitive weapon.