The Earnix Blog: Resources for Insurance and Banking Leaders

Thinking of leveraging analytics in your pricing processes but don’t want to be overwhelmed by complex data analysis tools? Want to find ways to better leverage the work of your data science teams? Do you wish there were an easier way to analyze your pricing strategies and make data-driven decisions? Look no further than Pricing Accelerator. 

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!