The Earnix Blog: Resources for Insurance and Banking Leaders

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 ...

“Ooh, this isn’t going to be cheap.”   Whether from the mechanic with your car up on the lift, the plumber under your kitchen sink, or the exterminator who just found that termite damage, these are the words we all dread. They force us into decisions that boil down to significant and costly repairs ...

Banks haven’t always made pricing a priority. While analytically-driven pricing can offer outsized returns in both profitability and risk management, many lenders have been daunted by the need for advanced analytics and sophisticated deployment systems. They may no longer have a choice.  A must-have ...

One would think that with all the digital advancements of the past few years, human error as such has been obliterated from the rating/pricing process. But when it comes to pricing, it still plays a powerful role. One that carries a significant business cost. The ambitious goal to minimize (or, idea ...