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Displaying "Transformation" articles (55)

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.

Winning in a Changing Insurance Landscape with Agile Operations

If insurers want to be able to keep up with changing customer expectations and shifting market conditions, one thing is certain: they need to be a lot faster.

Gather, Analyze, and Act in Real Time to Instantly Unlock Market Value

Speed to market is a top priority for virtually every insurance company today, and for good reason. In order to compete – against traditional vendors as well as aggressive new market entrants – insurers need to do all they can to meet customers’ demands when it comes to delivering exactly the right product offer extremely fast.

Reimagine Insurance with Intelligent Insurance Operations

Whether it’s AI-driven rating, dynamic pricing, robust product personalization, fully operationalized telematics or other essential capabilities, the insurance industry needs more intelligent, agile, and composable solutions to overcome operational challenges and meet elevated customer expectations. This eBook presents a vision for the future of insurance defined by intelligent insurance operations.

How Modern, Comprehensive Pricing & Rating Solutions Are Reimagining Insurance

Today the insurance industry faces a significant challenge associated with legacy pricing and rating tools. Many architectures still rely on a high number of disparate, disconnected systems that require too much effort to maintain and other clunky workarounds.

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).