Playbook: Best Practices for Risk-Based Pricing in Auto Lending

Playbook: Best Practices for Risk-Based Pricing in Auto Lending

This playbook describes the challenges caused by existing, “status quo” pricing models while also highlighting how a new analytics-driven approach to risk-based pricing using machine learning can help auto lenders achieve their most critical goals.

2022 Industry Trends Report: Modernizing Insurance Operations

Earnix recently partnered with the Market Strategy Group LLC to conduct a research survey to understand where insurance companies stand in their effort to modernize their operations. We surveyed nearly 300 insurance executives to uncover their perspective on various modernization strategies. View the report here to see how you compare. 

Build vs. Buy: The Earnix Road to Reimagining Insurance

Insurance carriers today must become more flexible and agile to keep pace in a rapidly changing world. In this brochure, we discuss the main challenges that insurers are facing in their pricing and rating operations and the answer for implementing pricing and rating strategies at the speed of the market.
How FCA Pricing Reform is Reshaping the General Insurance Market

How FCA Pricing Reform is Reshaping the General Insurance Market

It’s been nearly a year since the FCA’s Pricing Reform went into effect. Yet many insurers still have questions related to its requirements, especially when it comes to developing the right pricing and rating strategies to comply and compete.

Innovative Approaches to Pricing in Auto Lending

Innovative Approaches to Pricing in Auto Lending

Banks, credit unions, and automotive captive finance companies—any organization providing auto lending—stand to gain a lot from new, smarter pricing strategies and approaches. By improving pricing approaches with modern technology, these organizations can grow their customer bases, improve overall profitability, and deploy highly tailored, personalized offers that create meaningful customer experiences.

Leveraging Intelligent InsurOps to Relieve Upward Pressure on Premiums

The impact on claims from diverse forces as inflation, rising interest rates, altered driving patterns, cyber threats, and extreme weather events, to name just a few, create scenarios with upward pressure on premiums and highly uncertain outcomes.

Seizing Opportunities in Digital Automotive Finance

With shrinking profit margins, auto manufacturers and lenders are embracing complementary products and services as never before. This has forced their thinking to evolve away from closed, legacy technology architectures and standalone software applications to a strategy that accommodates flexible connections with those partners.

Dynamic Decisioning and Analytics in Financial Services

Dynamic Decisioning and Analytics in Financial Services

Forward-thinking organizations in financial services now deploy sophisticated tools such as artificial intelligence (AI) and machine learning (ML) to upgrade the customer experience throughout the customer journey. These firms have rightly prioritized decisioning and analytics to remake their business models.