The Earnix Blog: Resources for Insurance and Banking Leaders

10 Insurance Technology Trends Reshaping the Industry in 2022

January 26, 2022

By L’équipe d’Earnix

The world is changing fast and no industry is immune to the pressure to evolve, upgrade and innovate. Mass digitization, artificial intelligence, machine learning, climate change, and the rise of financial-based cybercrime are all having an impact on the business arena.

Blue White Ribbon on Pink Box

January 18, 2022

By Lucy Kadets

While insurance product personalization is not a new concept, many insurance companies still haven’t officially launched their first personalization program.  In many ways this is understandable. First, many insurers may be intimidated by the various technology buzzwords that seem to be required: m ...
The Power of End-to-end Automated Pricing Platforms

January 11, 2022

By L’équipe d’Earnix

In the first blog article of our end-to-end pricing and rating series, we highlighted the benefits that a true end-to-end platform can deliver and described the many challenges caused by disparate, siloed pricing and rating engines.In that article, we described some of the game-changing technolo ...

New FCA Insurance Regulations: Complying with ‘Price Walking’

December 15, 2021

By Alexander Ostrovski

Earnix Makes it Easy to be FCA-Compliant and Reward Loyal Customers The UK’s Financial Conduct Authority (FCA) aims to tackle ‘Price walking’ by implementing new rules to protect consumers from loyalty penalties related to various insurance products. These new rules, which were announced in May 2021 ...

Aeriel Shot of a Bridge in a City

October 7, 2021

By L’équipe d’Earnix

Siloed Pricing Systems and Approaches Don’t Get the Job Done  Today, a surprisingly high number of insurance companies still use a patchwork approach to pricing and rating: manual efforts, homegrown or legacy solutions, and third-party, disconnected systems.  Or maybe we should say “attempt to use, ...
Time-lapse Photo Of Cars In Asphalt Road

September 30, 2021

By L’équipe d’Earnix

How UBI is changing Auto Insurance Thanks to innovative Usage-based Insurance (UBI) technologies, a revolution is happening in the way auto insurance is being calculated. Today, it’s easy to record and analyze a driver's behavior while they are behind the wheel. Given that the average American spen ...