The Earnix Blog: Resources for Insurance and Banking Leaders

Insurers are turning to artificial intelligence (AI) for better data management, risk assessment, and personalized underwriting, promising increased efficiency, speed, and profitability. Earnix Underwrite-It™ is a key piece of AI auto insurance that can accelerate the transition.

Model Accelerator gives insurance analytics teams newfound freedom to choose whatever tools they prefer for modeling, incorporating virtually any model from other frameworks and formats, including transformations.

When combined with Earnix Price-It^TM and Earnix Underwrite-It^TM, teams can leverage their past investments in models, including those currently in simulation and production, adding to their agility and flexibility, and reducing the time required to react to market changes, including competitive actions.

Manual underwriting can be a complex and time-consuming process that inevitably increases operational costs. Without addressing these challenges and implementing new innovations, your underwriting processes can become a bottleneck, preventing you from making fast, informed decisions to stay current with changing market conditions and generate higher revenues and profits. 

We live in a world of high and ever-increasing expectations. In our personal lives, we expect products and services to meet and exceed expectations. In our professional lives, especially when dealing with vendors and partners, the same applies.