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Welcome to the Earnix Insights Center

5 Solutions to Overcome Legacy Challenges

When attempting to increase speed to market, insurers typically face a wide array of challenges, such as outdated technology, siloed systems, manual processes, a lack of ownership and collaboration, and real data limitations. This video explores 5 challenges and solutions that address the impact of legacy insurance technologies.

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Delivering Personalized Customer Experiences with Earnix

Why should Insurers consider personalization strategies and tactics? Can’t they continue to price and deliver products and services in the same way they always have? The simple answer is that Personalization has the potential to deliver superior results. For example, early personalization programs have already shown they can increase total sales, improve customer engagement and loyalty, create more successful cross-selling efforts, and deliver the most appropriate insurance bundle to customers.

Pricing Automation Helps LINK4 Boost Speed and Business Success

“We were looking for a much more modern pricing and rating platform. Our past approach used an on-premise mainframe-based system that simply wasn’t as reactive as we needed. It took too long to create new pricing models, make changes, and respond to real-time opportunities in the market.”

Empowering Relationship Managers in their Digital Journeys

Throughout its history, banking has relied heavily on personal relationships to achieve many of its business goals. Relationship managers (RMs) have served as the “face” of the bank in providing sound business advice, acquiring new customers, and uncovering new sources of revenue within existing accounts. The most powerful combination for banks’ success is to equip Relationship Managers (RMs) with technology that allows them to extend the personal touch customers crave, the power of satisfying customer experiences (CX).

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The Need for Speed

For insurers who can overcome challenges caused by legacy pricing processes, speed to market is a very real opportunity to differentiate, win more business, strengthen the bottom line and gain a sustainable advantage over the competition. This eBook will show you how all of this is more than just possible—it’s achievable with the right technology solution.

Why Speed to Market is Changing the Insurance Landscape

For insurers who can overcome challenges caused by legacy pricing processes, speed to market is a very real opportunity to differentiate, win more business, strengthen the bottom line and gain a sustainable advantage over the competition. This infographic shows how all of this is more than just possible—it’s achievable with the right technology solution.

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.

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BavariaDirekt Achieves Faster, Smarter, More Personalized Insurance with Earnix

BavariaDirekt were spending too much time and effort managing the many steps required to update pricing models and deploy them in online channels. That’s why they opted for Earnix’s modern, end-to-end pricing platform to help them overcome such challenges.