The Earnix Blog
May 7, 2024
By Jimmy White & Luba Orlovsky
Multi-Rule Execution, a recent enhancement to the Earnix solution set, is poised to allow carriers to dramatically “up their games.” Insurers can now give customers the power to change their policy provisions on their own, avoiding the headache of unexpected premium adjustments. Consumers can adjust coverages online, add new items to their policies, or alter the set of covered individuals, all in a fully-governed way, thanks to this new flexible rule mapping capability.
May 1, 2024
By Equipo de Earnix
Insurers must consider economic factors, reinsurance arrangements, technological advancements, and customer preferences when setting premiums to accurately reflect risks while remaining competitive and compliant with regulations.
April 16, 2024
By Equipo de Earnix
As insurers seek the enormous business benefits of dynamic pricing, personalization, and real-time risk assessment, they inevitably turn to artificial intelligence (AI) as their “go-to” technology.
March 28, 2024
By Equipo de Earnix
In the quest to be agile, insurers need the ability to experiment and innovate with machine learning models in a mode that gives them maximum flexibility. Earnix Model Accelerator extends the capabilities of the Earnix platform, and is designed to streamline the process of building and incorporating advanced models,.
December 18, 2023
By Equipo de Earnix
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 Equipo de Earnix
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.