Xperts Hackathon Gives Hands-on Insight into the Future of Pricing Analytics

Agility and an understanding of the business environment has helped a team from the UK to win the first Xperts Analytics Hackathon, held in London. The Hackathon brought together teams of insurance data analysts from across Europe to compete in a real-world insurance simulation contest. Throughout the game, the winners kept a well-adjusted portfolio that…

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CBA LIVE 2017: A Time to Transform

Banks and Financial Services companies are thinking BIG – around how to transform to meet the needs of the new digital consumers that exist in the shared economy of today. These digital consumers span five generations, each expecting to be communicated to in slightly different ways. In order for financial services companies to meet expectations…

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How to Transform Your Models into a Fully-integrated Analytics System

More than ever before, financial service organizations are using analytical models to power their core business processes. Ever-higher customer expectations together with new market players are some of the drivers that are responsible for accelerating the pace of change in the market. This calls for business decision makers to react quickly if they are to…

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On the Breakfast Menu: AI and Prescriptive Analytics in Financial Services

In early March, Earnix hosted an executive breakfast in New York for consumer banking executives who work with analytics related to offer management and pricing. Two speakers presented their views on the state of analytics in financial services. One provided a long-term vision of using Artificial Intelligence (AI), and the other, offered down-to-earth practices of…

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Analytics Hackathon – A New Way for Insurance Analysts to Sharpen Skills

The insurance market has never been faced with so many new technologies, bringing with it increased opportunities to leverage analytics in the industry. Yet, for many insurance professionals, keeping pace in this very dynamic market is challenging, which is why Earnix is staging its Xperts Analytics Hackathon in London at the end of February. The…

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Using Conversion & Retention Modeling Can Improve Business Results

Insurance companies are well-known for investing their resources in GLM loss modelling. They have become so mainstream you’d be hard-pressed to find an actuary without any experience building them. In fact, nowadays, bigger companies even use their interns to keep these models updated. Although not all companies are developing or leveraging these models the same…

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11 Best Practices for Building a Successful Production System

For us data scientists, the benefit of using statistical modeling and optimization techniques for our business is clear. Although we spend our days coding in SQL, python, R or other frameworks and our models are a software code or some nice mathematical function, our aim is to use sophisticated statistical models to analyze our business…

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A Solid Analytical Solution: What Matters Most?

Insurers and financial services organizations are constantly looking at how best to put predictive and prescriptive analytics to use inside of their organizations. In this day and age of so many different flavors and varieties of analytical platforms, it can be challenging for buyers inside of financial services and insurance organizations to fully understand the…

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Earnix Summit 2016: Customer Centricity in a Rapidly Changing Industry

As financial leaders, we are privileged and challenged to live in the most exciting times in the history of the financial services industry. With disruptive technologies entering the market place, the industry is changing at a phenomenal rate and this was highlighted time and again throughout the 5th Earnix Pricing and Innovation Summit that was…

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