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June 2009
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The Key to Keeping Customers Is Getting to Know Them
As the economic downturn stretches on, many insurers are feeling increasingly anxious about their ability to retain their most profitable customers. Martyn Green, chief actuary in the underwriting department of Lloyds TSB Insurance (LTSB), a division of London-based Lloyds TSB Group (US$637 billion in assets), however, insists that the company's pricing optimization initiative was undertaken in a spirit of opportunism rather than necessity.… |
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June 2009
The Five C’s of Insurance Customer Value Optimization
By David Schapiro, Earnix
If there is a silver lining in the financial meltdown we are experiencing, it is the reestablishment of basic business principles that seem to have been relinquished in recent years, or in the case of some insurance carriers may never have been established properly in the first place… |
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May 2009
Earnix Integrates Risk and Behavior Modeling Into New Solution
Earnix has introduced the Earnix Risk Premium Module, which helps insurance companies achieve greater optimization of pricing by integrating risk and behavior modeling …
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February 2009
Price optimisation software: Fixing the price
With the credit crunch and subsequent recession depressing the insurance market and promising a few years of stagnation, it has never been more important for financial institutions to get the best price for their products, especially in a world where aggregation websites have created savvier consumers and keener competition. William Knight investigates if price optimisation software can help maintain margins. |
January 2009
Customer Differentiation Needed To Insure Profitably
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December 2008
Who's Buying What: Recent deals for technology software and services
London-based Lloyds TSB Insurance, a division of Lloyds TSB Group, has signed a multi-year agreement with Earnix Inc., New York, to provide pricing optimization and advanced analytics software solutions for its personal lines insurance business. |
October 2008
Earnix releases Reporting Extension
Earnix has released its Earnix Reporting Extension to its Earnix Optimizer, a platform designed to assist insurers and banks CRM processes using market analytics. |
October 2008
Earnix releases Reporting Extension
Earnix, provider of customer value and pricing optimization solutions for insurance and banking, have released Earnix Reporting Extension, which allows the use of industry-standard reporting tools to streamline access to pricing and customer value optimization information throughout the organization. |
September 2008
Analytics Helping Lenders Head Off Default, Defection
Bankers have long considered predictive analytics an important sales tool, however some companies also are starting to use the software after a sale to evaluate the various risks in their loan portfolios. |
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