The Earnix Blog: Resources for Insurance and Banking Leaders

What does it mean to have a proactive, optimal pricing strategy? The first, and most simple answer, is the ability to understand how the market will react to changes in price – how this will affect auto loan volumes – and then identify the ideal price across all cells. In order to be proactive, it is imperative that you are able to accurately model and forecast how various changes in rates will impact a customer’s probability of closing a loan.  

It was a harsh realisation that led me to start thinking about partnerships and relationships - this was the 24th year that I had been attending Insurance/IT conferences and just as I thought I’d seen everything, here I was at Insurtech Insights 2023! 

Digitalization has sped up changes in the banking industry, but in the area of compliance, things are still running slow. In an industry wracked by fraud, identity theft, and other financial crimes, banks are being asked to maintain transparency on the masses of data they handle. The compliance burd ...

It’s a tough time to be an auto lender. Not only is the total auto loan amount financed decreasing, but in the third quarter of 2022, loan originations fell to their lowest levels since 2013.