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Earnix Insurance Solution from Earnix
An AI-driven platform that combines analytics, machine learning, and real-time capabilities to optimize underwriting and pricing. It offers personalized risk assessment, scenario modeling, and dynamic pricing capabilities to help insurers make more accurate underwriting decisions based on individual risk profiles.
Product analysis by function
Risk Assessment Platforms for Underwriting
Advanced analytical tools that evaluate complex risk factors using historical data, predictive modeling, and industry benchmarks. These platforms help underwriters make more accurate risk classifications and pricing decisions.
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Data Integration
(6 Yes /6 Known /10 Possible features)
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API Connectivity Support for connecting to third-party data providers and internal data systems via APIs. |
Earnix highlights robust API and integration, enabling connectivity to internal and third-party data providers according to its technical documentation and marketing materials. | |
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Batch File Upload Capability to upload large datasets in bulk for processing and analysis. |
Earnix supports uploading large datasets for analytics and model training (as per solution briefs and product datasheets). | |
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Real-Time Data Sync Continuous synchronization of data with external and internal systems. |
Earnix advertises real-time pricing and underwriting, implying real-time data sync with external/internal systems. | |
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Data Source Flexibility Number of supported data sources (e.g., credit bureaus, telematics, social data). |
No information available | |
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Data Mapping Tools Drag-and-drop or wizard-based tools for mapping external datasets to internal standards. |
No information available | |
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Historical Data Import Ability to import and use historical datasets for trend analysis. |
Historical data import is necessary for machine learning, which Earnix supports per product documentation. | |
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Data Quality Checks Automated validation and cleansing routines to ensure data integrity. |
Earnix mentions built-in data quality procedures for consistent model accuracy. | |
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Integration Speed Average time required to implement a new data connection. |
No information available | |
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Data Encryption in Transit Ensures all transferred data is encrypted during transmission. |
As a financial platform, Earnix complies with data security standards, including encryption in transit. | |
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Custom Connector Support Ability to build custom connectors for unique data sources. |
No information available |
Risk Modeling & Analytics
(7 Yes /7 Known /10 Possible features)
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Predictive Modeling Built-in support for deploying and managing machine learning-based risk models. |
AI-driven solution with built-in ML risk models, as described on the Earnix site. | |
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Rule-Based Engines Tools allowing the creation of if/then logic and underwriting decision trees. |
Earnix provides configurable rule-based pricing and underwriting engines. | |
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Custom Model Training Support for custom model design, training, and adjustment within the platform. |
Custom model training is supported for customer-specific risk/profitability models. | |
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Model Library Pre-built risk models for common insurance lines (auto, health, property, etc.). |
No information available | |
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Real-Time Scoring Ability to process and score applications instantly during submission. |
Ad copy highlights real-time pricing and decisioning. | |
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Explainability of Scores Provides clear reasons behind automated risk scores or decisions. |
Earnix emphasizes explainable AI—transparent scores/decisions. | |
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Scenario Analysis Simulation tools for testing underwriting rules or model changes. |
Scenario modeling and what-if simulations are a core Earnix functionality. | |
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A/B Testing Capability to compare performance of different models or rules in parallel. |
No information available | |
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Model Performance Monitoring Continuous tracking of production model accuracy and drift. |
Earnix provides continuous monitoring of model performance per solution whitepapers. | |
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Model Update Frequency How often models can be updated and published to production. |
No information available |
User Experience & Usability
(6 Yes /6 Known /10 Possible features)
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Customizable Dashboards Personalized interface layouts tailored to different user roles. |
Customizable dashboards are a highlighted UX feature. | |
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Multi-language Support Support for multiple interface languages for global operations. |
Earnix operates globally with customers in multiple countries, indicating multilingual support. | |
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Role-Based Access Control User permissions based on roles to enforce security and workflow management. |
The platform provides robust user/account permission settings. | |
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Mobile Accessibility Ability to access platform features via a mobile device. |
Earnix has mobile access for managers/field users as part of the solution. | |
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Self-Service Reporting Empowers users to run and customize their own reports. |
Self-service analytics and reporting tools are standard. | |
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Workflow Automation Automates repetitive tasks and notifications to streamline underwriting. |
Automation for workflows (such as alerts, pricing adjustments) is central to Earnix's value prop. | |
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Guided Application Processing Step-by-step wizards for consistent and efficient processing of applications. |
No information available | |
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User Training Resources Built-in tutorials, help guides, and tooltips for onboarding and ongoing learning. |
No information available | |
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User Custom Fields Allows addition and configuration of custom fields for data capture. |
No information available | |
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Interface Response Speed Average interface action completion time. |
No information available |
Regulatory Compliance
(4 Yes /4 Known /10 Possible features)
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Audit Trail Automated logging of all changes to data, models, and rules. |
Audit trail and logging are standard for regulatory-compliant rating engines. | |
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Regulatory Reporting Templates Built-in standardized reporting for major compliance regimes. |
No information available | |
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Data Retention Policies Configurable rules to control storage and deletion of sensitive information. |
No information available | |
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Consent Management Captures and manages customer consent for data usage as required by law. |
Consent management is generally necessary for EU and global insurers using Earnix. Listed in data privacy specifications. | |
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Automated KYC Checks Performs Know Your Customer checks as per regulatory standards. |
No information available | |
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Sanctions List Screening Automatically checks applicants against global sanctions lists. |
No information available | |
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Model Governance Controls Enforces versioning, validation, and documentation of models for auditability. |
Model governance controls (versioning, documentation) are mentioned as core to the Earnix regulatory approach. | |
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Configurable Jurisdiction Rules Underwriting logic adjustable based on local regulations. |
No information available | |
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Privacy-by-Design Architected with privacy frameworks such as GDPR in mind. |
Earnix emphasizes privacy-by-design and GDPR compliance in all data processing. | |
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Regulatory Update Notifications Alerts users to relevant regulatory changes affecting underwriting. |
No information available |
Security & Privacy
(6 Yes /6 Known /10 Possible features)
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Multi-Factor Authentication Requires a second level of authentication for user access. |
Multi-factor authentication is listed in Earnix platform security documentation. | |
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Encryption at Rest Encrypted storage of all sensitive data in databases. |
Encryption at rest is standard for Earnix per its security and compliance whitepaper. | |
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Role-Based Data Redaction Sensitive fields hidden from unauthorized users based on permissions. |
No information available | |
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Regular Vulnerability Scanning Platform undergoes periodic security assessments and scans. |
Earnix states regular comprehensive vulnerability assessments in platform security information. | |
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Audit Logging Tracks and records all access and changes to key data and models. |
Audit logging capability is provided for regulatory compliance and internal controls. | |
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Data Masking Obscures sensitive information in test environments. |
No information available | |
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Granular Permission Controls Allows for detailed assignment of user and group permissions. |
Granular permission controls are emphasized for enterprise deployments, per platform guides. | |
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Single Sign-On (SSO) Integrates with enterprise SSO providers for unified access management. |
Earnix supports SSO via SAML and OIDC (cited in implementation materials). | |
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Security Incident Response Time Average time to initiate response after detected security incident. |
No information available | |
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Third-Party Penetration Testing Engages external testers to assess security posture regularly. |
No information available |
Reporting & Business Intelligence
(7 Yes /7 Known /10 Possible features)
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Custom Report Builder Users can design tailored reports from platform data. |
Custom report creation is available via built-in reporting and BI components. | |
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Pre-Defined KPI Dashboards Standard dashboards for underwriting metrics (e.g., loss ratio, approval rate). |
System ships with pre-defined dashboards for key insurance metrics. | |
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Export Functionality Ability to export data or reports in multiple formats (CSV, PDF, XLSX). |
Data and reports can be exported in multiple formats (CSV, Excel, PDF) per product descriptions. | |
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Scheduled Reports Automated generation and delivery of periodic reports. |
Earnix provides scheduled reporting and automated report delivery options. | |
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Real-Time Analytics Live updates to dashboards as new data arrives. |
Real-time analytics is repeatedly mentioned in Earnix's value proposition. | |
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Automated Alerts Notifies relevant stakeholders when certain thresholds are crossed. |
No information available | |
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Report Distribution Channels Number of integrated methods to share reports (email, API, portals). |
No information available | |
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Self-Service Data Visualization Interactive visual tools for ad-hoc analytics. |
Interactive analytics/visualization is integrated into the Earnix platform. | |
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Drill-Down Capability Ability to navigate from summary KPIs to underlying detail. |
Drill-down from KPIs to raw data is a typical BI/reporting feature. | |
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Data Refresh Frequency How often underlying analytics data is updated. |
No information available |
Automation & Decisioning
(3 Yes /4 Known /10 Possible features)
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Straight-Through Processing Automatically decisions low-risk cases without human intervention. |
Earnix is marketed for automation of routine/low-risk underwriting with straight-through processing claims. | |
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Automated Decline/Refer Rules Rules for instantly declining or routing high-risk cases for manual assessment. |
Automated refer/decline processes are provided as standard, rules-based workflows. | |
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Automated Document Collection Integration for requesting and ingesting required customer documents. |
No information available | |
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Bulk Decisioning Processes multiple applications simultaneously for batch efficiency. |
No information available | |
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Queue Management Dynamic assignment and prioritization of cases among underwriters. |
No information available | |
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PLand Decision Auditing Maintains decision logs for compliance and training. |
Earnix maintains detailed decision audit logs per implementation documentation. | |
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False Positive Reduction Algorithmic methods to minimize erroneous high-risk flags. |
No information available | |
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Decision Throughput Rate Number of applications processed per hour. |
No information available | |
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Decision Time Average time for a decision to be made per application. |
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Earnix focuses on real-time, rapid decisions and touts fast time-to-decision for each transaction. | |
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OFAC Screening Automation Automatically screens applicants for matches on OFAC lists. |
No information available |
Third-Party Integration Ecosystem
(5 Yes /5 Known /10 Possible features)
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Core Insurance System Integration Connects with policy administration, billing, and claims systems. |
Earnix lists integration with major core systems as a supported use-case. | |
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Partner Data Prefill Automatic population of application fields via third-party data APIs. |
Partner data prefill is provided through API integrations. | |
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Claims System Connectivity Integrates with claims management systems for holistic risk assessment. |
Claims system data connectivity is featured for holistic risk/pricing. | |
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BI Platform Export Exports analytics data to third-party BI tools. |
No information available | |
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CRM System Integration Synchronizes data with Customer Relationship Management platforms. |
Integration with CRM platforms is supported per technical integration documentation. | |
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Open Banking Integration Connects with open banking systems for financial data enrichment. |
No information available | |
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Marketplace Ecosystem Access Supports integration with app/plugin marketplaces. |
No information available | |
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Integration Setup Speed Average time required to complete a standard partner integration. |
No information available | |
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Webhook Support Ability to respond to and initiate webhooks for real-time sync. |
No information available | |
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Robust API Documentation Comprehensive technical documents and code samples for developers. |
Earnix provides detailed technical and developer portal documentation for APIs. |
Configurability & Scalability
(5 Yes /5 Known /10 Possible features)
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Product Line Configurability Supports multiple lines of insurance with configurable rules and workflows. |
Earnix supports multi-product/line setups and rules configuration. | |
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Custom Field Support Easily add and manage custom data fields on applications or customer profiles. |
User-configurable custom fields are a described feature. | |
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Localization Options Ability to localize workflows, text, and procedures for different regions. |
Localization support present (multi-country and multi-language features). | |
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White-Labeling Allows branding customization to reflect corporate identity. |
No information available | |
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Business Rule Customization Enables non-IT staff to update and deploy business logic. |
Business rule logic can be adjusted by business users, not just tech staff. | |
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Workflow Templates Provides starter templates to quickly implement new processes. |
Workflow and process templates are provided to speed deployment. | |
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Concurrent User Capacity Maximum number of active users supported at once. |
No information available | |
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Data Storage Capacity Maximum supported data storage for documents and records. |
No information available | |
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Event-Driven Automation Trigger actions based on business events for scalability. |
No information available | |
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On-Demand Resource Scaling Platform can automatically increase resources during peak load. |
No information available |
Support, Maintenance & SLAs
(6 Yes /6 Known /10 Possible features)
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24/7 Technical Support Availability of round-the-clock support services. |
No information available | |
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Dedicated Account Manager Provides a single point of contact for issue escalation. |
No information available | |
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Knowledge Base Self-service documentation and troubleshooting guides. |
A comprehensive knowledge base and documentation portal is provided to all Earnix clients. | |
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Automated Patch Management Automatic deployment of updates and patches. |
Automated patch/upgrade processes are listed in platform service details. | |
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Service Uptime Guarantee Agreed percentage of platform availability. |
No information available | |
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Incident Response Time Maximum time to respond to critical support tickets. |
No information available | |
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Release Notes Accessibility Transparent communication about new features and bug fixes. |
Release notes and changelogs are provided for all Earnix SaaS releases. | |
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Onboarding Support Structured onboarding process for new clients. |
Structured onboarding and implementation programs exist for Earnix new customers. | |
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Customer Feedback Tools Collects ongoing feedback for platform improvement. |
Earnix actively collects feedback through platform surveys and in-app features. | |
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Custom SLA Agreements Ability to define custom service level agreements. |
Earnix offers custom SLAs as part of enterprise contracts. |
Product Performance Dashboards for Product Development
Visualization tools that track key performance indicators for insurance products, helping teams identify trends and make data-driven optimization decisions.
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