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Displaying "Analytics" articles (36)

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Dynamic Product Actualization

The insurance industry was built on managing risk, but today’s increasing pace of change in the marketplace requires product and pricing agility. Flexibility will allow insurers to respond to increases in claims costs, prototype new usage-based products, and prepare for new products on the horizon. Achieving this in a way that meets regulatory requirements necessitates new capabilities.

Contextual Multi-Armed Bandits Meets Causal Inferencing

The Multi-Armed Bandits problem is a classic reinforcement learning problem that demonstrates the exploration–exploitation tradeoff dilemma. To correctly estimate the causal effect of price changes or different financial product bundle offers on consumers’ purchasing decisions, the standard methodology is to perform a randomized controlled trial (RCT). However, RCTs could be expensive, and financial institutions are often reluctant to conduct them for the required period of time.

Dynamic Product Actualization for P&C

The insurance industry was built on managing risk, but today’s increasing pace of change in the marketplace requires product and pricing agility. Flexibility will allow insurers to respond to increases in claims costs, prototype new usage-based products, and prepare for new products on the horizon. Achieving this in a way that meets regulatory requirements necessitates new capabilities.
Earnix Video for Banks: Streamline Digital Transformation

Earnix Video for Banks: Streamline Digital Transformation

Earnix is the optimal solution for a new generation of risk-based pricing, through its single, comprehensive, enterprise-wide pricing platform.

Earnix for Insurance Video

Earnix for Insurance Video

Earnix's end-to-end pricing and rating platform enables insurers to move quickly with the market, deliver a more personalized experience to customers and accelerate value creation.

Earnix Company Advert - 2020

Earnix enables insurers and banks to drive business growth and deliver greater value, through a single end-to-end rating and pricing platform.

Utilizing Rating & Pricing AI at Scale to Conquer Business Objectives

Join Paul Davies, Head of Data Science for D&G as he discusses the journey from adopting cloud technologies, adding AI, to delivering the right product, at the right price, at the right time.
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Speed to Market Insurance & Product Optimization Management By Capgemini & Earnix

With the Capgemini-Earnix solution, product managers can effectively balance proft and growth by selecting from multiple scenarios with multiple pricing models such as Cost Plus, Life Time Value, and multiple Demand Models including acquisition and retention models.