The Earnix Blog

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! 

In this blog post, we will look at how technology can be applied to advance insurers’ understanding of climate change and its effects on their businesses, requirements for maximizing technology leverage in their climate change efforts, and practical measures they can take now to prepare for the future.