The Earnix Blog: Resources for Insurance and Banking Leaders
April 8, 2021
By L’équipe d’Earnix
Price guarantees, the ‘we won't be beaten on price and cash rewards’ attitude are some of the standard marketing practices in the UK insurance market, putting the focus solely on price and pricing.
This has forged a disconnect between what consumers want and what insurers and brokers are providing, ...
March 11, 2021
By Will Ely
As surely as the sun rises, central banking authorities will expand regulations on the retail lending sector. In this edition, we see the European Banking Authority laying out guidelines aimed at reinforcing banks’ portfolios and protecting consumers from loans they are unable to repay.
Published i ...
March 5, 2021
By L’équipe d’Earnix
One would think that with all the digital advancements of the past few years, human error as such has been obliterated from the rating/pricing process. But when it comes to pricing, it still plays a powerful role. One that carries a significant business cost. The ambitious goal to minimize (or, idea ...
February 26, 2021
By L’équipe d’Earnix
Every bank faces risk. No technological advancement will ever make risk disappear completely, but the way to manage risk in 2021 is different than it was even a decade ago. In this age of digital transformation, every industry is benefitting from advances in technology designed to make lives and job ...
February 26, 2021
By L’équipe d’Earnix
Telematics, the joining of communications and informatics, enables usage and behavioral driving data to be communicated with a third party, be it a commercial fleet conductor or an insurance carrier, sending useful information while the vehicle is in use. It can capture data such as a car’s location ...
January 27, 2021
By L’équipe d’Earnix
Imagine your neighborhood bookseller from 20 years ago, climbing a ladder to retrieve from the top shelf a book you have to read, creating a feeling of warmth and intimacy. What if your company’s insurance offerings could elicit similar feelings in your customers?
Imagine what that could do, not on ...