The Earnix Risk Premium Module enables actuaries and insurance pricing analysts to attain more accurate results by utilizing advanced modeling techniques. Users can take advantage of charts with drill-down capabilities to evaluate and compare models and zero in on the best options. They also can use their standard corporate business intelligence tools to create additional customized graphs and reports based on data from the Earnix solution.
Configurable server architecture enables parallel processing on multiple CPUs to provide results. Using service-oriented architecture, the solution can be integrated with existing systems.
"True optimization of prices requires the ability to combine the modeling of risk with understanding preferences for each customer," says David Schapiro, Earnix CEO. "By offering an integrated platform that combines risk and behavioral modeling, we are enabling insurance companies to take pricing optimization to the next level."
