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The insurance industry was built on managing risk, but today’s increasing pace of change in the marketplace requires product and pricing agility. Flexibility will allow insurers to respond to increases in claims costs, prototype new usage-based products, and prepare for new products on the horizon. Achieving this in a way that meets regulatory requirements necessitates new capabilities.

Earnix enables insurers and banks to drive business growth and deliver greater value, through a single end-to-end rating and pricing platform.

With the Capgemini-Earnix solution, product managers can effectively balance proft and growth by selecting from multiple scenarios with multiple pricing models such as Cost Plus, Life Time Value, and multiple Demand Models including acquisition and retention models.