The Earnix Blog
April 22, 2025
By Earnix-Team
Artificial intelligence (AI) in insurance underwriting is revolutionizing carriers’ business models by enhancing their risk assessment capabilities, allowing them to deliver highly-personalized offers, and streamlining processes across functional boundaries.
April 16, 2025
By Jimmy White
The Earnix Filing Accelerator is our new codeless interface that simplifies the creation of filing documentation for proposed rate changes with departments of insurance in North America and can also be used to generate rate documentation needed by any insurer across the globe for internal audits, reviews, or approvals.
March 24, 2025
By Andy How
Managing General Agents (MGAs) are facing increasing capacity challenges due to rising inflation, geopolitical instability, and evolving risk landscapes in the insurance market. To thrive, MGAs must enhance profitability and operational efficiency while leveraging technology and data-driven insights to strengthen relationships with insurers.
March 20, 2025
By Earnix-Team
Generative KI (GenAI) transformiert Finanzdienstleistungen, indem sie die Effizienz steigert und Kundeninteraktionen personalisiert, dabei wird sie durch Tools wie Copiloten und große Sprachmodelle unterstützt. Prompt Engineering optimiert die Eingaben für KI-Modelle, verbessert die Entscheidungsfindung und strafft Prozesse in Bereichen wie Pricing und Underwriting.
March 3, 2025
By Yuval Ben Dror & Yitzhak Yahalom
XGBoost (Extreme Gradient Boosting) builds on the idea of boosting with several optimizations, such as regularization techniques to control overfitting, parallelization to improve computation speed, and handling sparse data more efficiently. These improvements allow XGBoost to achieve high performance, making it one of the most popular machine learning algorithms in practice today.
February 20, 2025
By Earnix-Team
Recent research shows that 74% of insurance companies still use outdated, legacy technology for pricing, rating, underwriting, and other vital insurance processes.
This finding was reinforced in the Earnix 2024 Industry Trends report. While we asked the question slightly differently – “How urgent is the need for insurance operations modernization technology at your company?” – we heard similar feedback. The vast majority of insurers reported that this is a major challenge within their organization.