Earnix Provides the Best of Both Worlds with Hybrid Modeling & GLM for Insurance Pricing

October 2, 2018

By Jonathan Moran

As machine learning becomes more prevalent in modeling exercises today, financial institutions are facing a significant challenge. Analysts and pricing professionals want to retain the transparency of conventional models while utilizing the flexibility delivered by Machine Learning models. Machine L ...
DataRobot complements Earnix with Machine Learning Capabilities for Decision Support

October 1, 2018

By Jonathan Moran

The Challenge Many financial institutions today are looking to implement sophisticated machine learning models into their existing analytical systems – for use in analytical pricing and product personalization initiatives. They want to use machine learning libraries that they have often created in m ...
Blog: Five Insights Gleaned from the Casualty Actuarial Society Ratemaking, Product, and Modeling Seminar

April 16, 2018

By Jonathan Moran

Earnix recently attended the Casualty Actuarial Society Ratemaking, Product, and Modeling Seminar (CAS - RPM) event in Chicago, Illinois. While the conference covered many innovative topics on trends in usage-based, telematics insurance, and regulation – Earnix was there to present  specifically on ...

Machine Learning for Financial Services: Hype or Reality?

March 8, 2018

By Earnix-Team

There’s an ongoing debate as to whether new trends in machine learning are mere hype or are actually providing tangible business value and helping shape financial services pricing and offering strategies. A survey of about 200 global insurance professionals conducted by Earnix in 2017 showed that m ...
Powerful Agents: Insurers, Optimize your Renewal Pricing through Agent Cooperation

February 27, 2018

By Elyasaf Moas

An independent insurance agent can be a carrier’s best friend. But sometimes that same agent can also be a thorn in its side. In some markets, agents can discount the rate from the technical price developed by the insurer. This blog addresses those situations and the need for insurers to use predict ...

Customer Experience and Machine Learning: Practical Applications

January 4, 2018

By Jonathan Moran

The notion of using analytics to improve customer experience has changed the landscape and thought process of businesses over the past several years. As machine learning becomes further democratized, or more pervasively available, it is making its way into many enterprise software applications – inc ...