The Earnix Blog: Resources for Insurance and Banking Leaders

The Rise of Synthetic Data

November 13, 2023

By L’équipe d’Earnix

Data is an invaluable asset in any business, but particularly in businesses such as insurance and banking, where the products are intangibles, instead of physical goods. Much of these businesses’ revenue, profitability and market share are driven by using data as a competitive weapon.

Automatic Generalized Linear Models (GLM) in Insurance & Banking

March 28, 2023

By Luba Orlovsky

To make a cake, you need to have specific ingredients: eggs, milk, flour, etc. The same applies to a model, you need to have variables such as age, tenure, and price.

Data Codes through Eyeglasses

July 6, 2021

By Luba Orlovsky

Imagine you have a magical tool that allows you to build a perfect model of the world – as precise as you wish. A model that can give you all the answers about the future. It can tell you anything! Just ask, “Is it going to rain tonight?” Or even better, “What will the price for oil be tomorrow?” An ...
Girl Jumping on the Bridge Wearing Black Jacket

June 24, 2021

By Stephane Meslet & Will Ely

The best models should lead to the best profits, right? But many banks seem to be missing a step.  Over the last decade, few subjects have garnered as much buzz as Machine Learning (ML). This subset of Artificial Intelligence (AI) conjures images of brilliant quantitative analysts leveraging bleedi ...
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 ...