| Company Profile |
Business Challenges |
Results Delivered by Earnix Solutions |
Global Personal Lines Insurer
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Address a rapidly softening market and aggressive pricing strategies of competitors leading to a 10% drop in market prices |
Increase retention rates while increasing profits by of 3.5% of Gross Written Premium (GWP) |
National Car Insurer
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Increase profitability of renewals while maintaining volume of existing policies in a strictly regulated environment |
Profit increase of 2.8% of Gross Written Premium (GWP) while complying with regulatory requirements |
UK Insurance Broker
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Achieve higher growth and profitability in a highly competitive market |
Profit increase of 3% of Gross Written Premium (GWP) within the first year of implementation; 10% increase in earnings per customer |
| European Direct Insurer |
Respond to competitive pressure resulting in increased discounting and reduced profitability. |
25% reduction in discounted premiums while maintaining customer retention goals in an increasingly competitive market |
| UK Bancassurer |
Reduce attrition rates and mid-term cancellations |
Maintained retention rates while increasing profits by of 2.1% of Gross Written Premium (GWP) |
| US Insurer |
Grow profitability of a large multi-state auto book in highly regulated markets |
Increased profits by 1.8% of GWP while maintaining retention; enabling top management with better understanding of pricing alternatives |
| European Insurer |
Grow the company book amid a softening market, while optimizing customer Lifetime Value |
Grew book by 10% over 3 years, while growing profits by 1.5% of GWP |
| Israeli Direct Insurer |
Increase cross-sale rates from auto to home policies |
Increased cross-sale success rate by 30% |
