How Car Insurance Telematics is transforming the Old World of Insurance Underwriting

September 28, 2017

By Yaron Lavie

A data-connected automobile generates some 25 gigabytes of data every hour. That’s equal to about a dozen HD movies and more than the storage capacity of most smartphones.We know what the car is telling the network--everything from route, speed and even road conditions. Vehicles today have about 4 ...

Is Machine Learning a Threat to the Actuarial Profession?

June 1, 2017

By Marcus Looft

Man vs. Machine: 10 years ago, I would never have guessed that I would be writing about this topic with such serious concern. Yet, some people are predicting that machine learning technology will produce a jobless future for certain professions, including actuaries. And with news headlines like “Goo ...
Conversion & Retention Modeling Done Right: The Four Keys to Success

May 30, 2017

By Earnix-Team

These days, many industries are spending millions of dollars in research to achieve their customer-centric goals. The insurance industry is no different. Insurers are continually raising the analytical bar to gain a better understanding of their customers. Being able to accurately predict consumer b ...
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. ...

White and Black Subway Train Inside Station

February 16, 2017

By Jonathan Moran

Over the last month or so, I have read numerous blogs that deal with forward-looking trends for 2017. While each blog has its angle, one cannot miss the huge role being placed on insurance data analysis and other analytics. As such, at the end of last year I started a three-part blog series around w ...

A Solid Analytical Solution: What Matters Most?

December 15, 2016

By Jonathan Moran

Insurers and financial services organizations are constantly looking at how best to put predictive and prescriptive analytics to use inside of their organization's rating engine. In this day and age of so many different flavors and varieties of analytical platforms, it can be challenging for buyers ...