at Financial Technnology Year
This content is provided by FinTechBenchmarker.com who are responsible for the content. Please contact them if you have any questions.
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.
More Risk Assessment Platforms
More Underwriting ...
Data Integration
(6 Yes /6 Known /10 Possible features)
|
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. | |
|
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). | |
|
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. | |
|
Data Source Flexibility Number of supported data sources (e.g., credit bureaus, telematics, social data). |
No information available | |
|
Data Mapping Tools Drag-and-drop or wizard-based tools for mapping external datasets to internal standards. |
No information available | |
|
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. | |
|
Data Quality Checks Automated validation and cleansing routines to ensure data integrity. |
Earnix mentions built-in data quality procedures for consistent model accuracy. | |
|
Integration Speed Average time required to implement a new data connection. |
No information available | |
|
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. | |
|
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)
|
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. | |
|
Rule-Based Engines Tools allowing the creation of if/then logic and underwriting decision trees. |
Earnix provides configurable rule-based pricing and underwriting engines. | |
|
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. | |
|
Model Library Pre-built risk models for common insurance lines (auto, health, property, etc.). |
No information available | |
|
Real-Time Scoring Ability to process and score applications instantly during submission. |
Ad copy highlights real-time pricing and decisioning. | |
|
Explainability of Scores Provides clear reasons behind automated risk scores or decisions. |
Earnix emphasizes explainable AI—transparent scores/decisions. | |
|
Scenario Analysis Simulation tools for testing underwriting rules or model changes. |
Scenario modeling and what-if simulations are a core Earnix functionality. | |
|
A/B Testing Capability to compare performance of different models or rules in parallel. |
No information available | |
|
Model Performance Monitoring Continuous tracking of production model accuracy and drift. |
Earnix provides continuous monitoring of model performance per solution whitepapers. | |
|
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)
|
Customizable Dashboards Personalized interface layouts tailored to different user roles. |
Customizable dashboards are a highlighted UX feature. | |
|
Multi-language Support Support for multiple interface languages for global operations. |
Earnix operates globally with customers in multiple countries, indicating multilingual support. | |
|
Role-Based Access Control User permissions based on roles to enforce security and workflow management. |
The platform provides robust user/account permission settings. | |
|
Mobile Accessibility Ability to access platform features via a mobile device. |
Earnix has mobile access for managers/field users as part of the solution. | |
|
Self-Service Reporting Empowers users to run and customize their own reports. |
Self-service analytics and reporting tools are standard. | |
|
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. | |
|
Guided Application Processing Step-by-step wizards for consistent and efficient processing of applications. |
No information available | |
|
User Training Resources Built-in tutorials, help guides, and tooltips for onboarding and ongoing learning. |
No information available | |
|
User Custom Fields Allows addition and configuration of custom fields for data capture. |
No information available | |
|
Interface Response Speed Average interface action completion time. |
No information available |
Regulatory Compliance
(4 Yes /4 Known /10 Possible features)
|
Audit Trail Automated logging of all changes to data, models, and rules. |
Audit trail and logging are standard for regulatory-compliant rating engines. | |
|
Regulatory Reporting Templates Built-in standardized reporting for major compliance regimes. |
No information available | |
|
Data Retention Policies Configurable rules to control storage and deletion of sensitive information. |
No information available | |
|
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. | |
|
Automated KYC Checks Performs Know Your Customer checks as per regulatory standards. |
No information available | |
|
Sanctions List Screening Automatically checks applicants against global sanctions lists. |
No information available | |
|
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. | |
|
Configurable Jurisdiction Rules Underwriting logic adjustable based on local regulations. |
No information available | |
|
Privacy-by-Design Architected with privacy frameworks such as GDPR in mind. |
Earnix emphasizes privacy-by-design and GDPR compliance in all data processing. | |
|
Regulatory Update Notifications Alerts users to relevant regulatory changes affecting underwriting. |
No information available |
Security & Privacy
(6 Yes /6 Known /10 Possible features)
|
Multi-Factor Authentication Requires a second level of authentication for user access. |
Multi-factor authentication is listed in Earnix platform security documentation. | |
|
Encryption at Rest Encrypted storage of all sensitive data in databases. |
Encryption at rest is standard for Earnix per its security and compliance whitepaper. | |
|
Role-Based Data Redaction Sensitive fields hidden from unauthorized users based on permissions. |
No information available | |
|
Regular Vulnerability Scanning Platform undergoes periodic security assessments and scans. |
Earnix states regular comprehensive vulnerability assessments in platform security information. | |
|
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. | |
|
Data Masking Obscures sensitive information in test environments. |
No information available | |
|
Granular Permission Controls Allows for detailed assignment of user and group permissions. |
Granular permission controls are emphasized for enterprise deployments, per platform guides. | |
|
Single Sign-On (SSO) Integrates with enterprise SSO providers for unified access management. |
Earnix supports SSO via SAML and OIDC (cited in implementation materials). | |
|
Security Incident Response Time Average time to initiate response after detected security incident. |
No information available | |
|
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)
|
Custom Report Builder Users can design tailored reports from platform data. |
Custom report creation is available via built-in reporting and BI components. | |
|
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. | |
|
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. | |
|
Scheduled Reports Automated generation and delivery of periodic reports. |
Earnix provides scheduled reporting and automated report delivery options. | |
|
Real-Time Analytics Live updates to dashboards as new data arrives. |
Real-time analytics is repeatedly mentioned in Earnix's value proposition. | |
|
Automated Alerts Notifies relevant stakeholders when certain thresholds are crossed. |
No information available | |
|
Report Distribution Channels Number of integrated methods to share reports (email, API, portals). |
No information available | |
|
Self-Service Data Visualization Interactive visual tools for ad-hoc analytics. |
Interactive analytics/visualization is integrated into the Earnix platform. | |
|
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. | |
|
Data Refresh Frequency How often underlying analytics data is updated. |
No information available |
Automation & Decisioning
(4 Yes /4 Known /10 Possible features)
|
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. | |
|
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. | |
|
Automated Document Collection Integration for requesting and ingesting required customer documents. |
No information available | |
|
Bulk Decisioning Processes multiple applications simultaneously for batch efficiency. |
No information available | |
|
Queue Management Dynamic assignment and prioritization of cases among underwriters. |
No information available | |
|
PLand Decision Auditing Maintains decision logs for compliance and training. |
Earnix maintains detailed decision audit logs per implementation documentation. | |
|
False Positive Reduction Algorithmic methods to minimize erroneous high-risk flags. |
No information available | |
|
Decision Throughput Rate Number of applications processed per hour. |
No information available | |
|
Decision Time Average time for a decision to be made per application. |
undefined Earnix focuses on real-time, rapid decisions and touts fast time-to-decision for each transaction. |
|
|
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)
|
Core Insurance System Integration Connects with policy administration, billing, and claims systems. |
Earnix lists integration with major core systems as a supported use-case. | |
|
Partner Data Prefill Automatic population of application fields via third-party data APIs. |
Partner data prefill is provided through API integrations. | |
|
Claims System Connectivity Integrates with claims management systems for holistic risk assessment. |
Claims system data connectivity is featured for holistic risk/pricing. | |
|
BI Platform Export Exports analytics data to third-party BI tools. |
No information available | |
|
CRM System Integration Synchronizes data with Customer Relationship Management platforms. |
Integration with CRM platforms is supported per technical integration documentation. | |
|
Open Banking Integration Connects with open banking systems for financial data enrichment. |
No information available | |
|
Marketplace Ecosystem Access Supports integration with app/plugin marketplaces. |
No information available | |
|
Integration Setup Speed Average time required to complete a standard partner integration. |
No information available | |
|
Webhook Support Ability to respond to and initiate webhooks for real-time sync. |
No information available | |
|
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)
|
Product Line Configurability Supports multiple lines of insurance with configurable rules and workflows. |
Earnix supports multi-product/line setups and rules configuration. | |
|
Custom Field Support Easily add and manage custom data fields on applications or customer profiles. |
User-configurable custom fields are a described feature. | |
|
Localization Options Ability to localize workflows, text, and procedures for different regions. |
Localization support present (multi-country and multi-language features). | |
|
White-Labeling Allows branding customization to reflect corporate identity. |
No information available | |
|
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. | |
|
Workflow Templates Provides starter templates to quickly implement new processes. |
Workflow and process templates are provided to speed deployment. | |
|
Concurrent User Capacity Maximum number of active users supported at once. |
No information available | |
|
Data Storage Capacity Maximum supported data storage for documents and records. |
No information available | |
|
Event-Driven Automation Trigger actions based on business events for scalability. |
No information available | |
|
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)
|
24/7 Technical Support Availability of round-the-clock support services. |
No information available | |
|
Dedicated Account Manager Provides a single point of contact for issue escalation. |
No information available | |
|
Knowledge Base Self-service documentation and troubleshooting guides. |
A comprehensive knowledge base and documentation portal is provided to all Earnix clients. | |
|
Automated Patch Management Automatic deployment of updates and patches. |
Automated patch/upgrade processes are listed in platform service details. | |
|
Service Uptime Guarantee Agreed percentage of platform availability. |
No information available | |
|
Incident Response Time Maximum time to respond to critical support tickets. |
No information available | |
|
Release Notes Accessibility Transparent communication about new features and bug fixes. |
Release notes and changelogs are provided for all Earnix SaaS releases. | |
|
Onboarding Support Structured onboarding process for new clients. |
Structured onboarding and implementation programs exist for Earnix new customers. | |
|
Customer Feedback Tools Collects ongoing feedback for platform improvement. |
Earnix actively collects feedback through platform surveys and in-app features. | |
|
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.
More Product Performance Dashboards
More Product Development ...
Data Integration & Connectivity
(0 Yes /0 Known /10 Possible features)
|
Multi-Source Connectivity Connects to multiple internal and external data sources (e.g., policy admin, claims, CRM, external data services). |
. | No information available |
|
Real-Time Data Sync Supports updating data in real-time or near real-time for up-to-date dashboard views. |
. | No information available |
|
APIs Support Offers robust API access for inbound and outbound data ingestion. |
. | No information available |
|
Scheduled Data Refresh Automates regular data refreshes at configurable intervals. |
. | No information available |
|
Manual Data Upload Allows users to upload and import data files directly into the dashboard. |
. | No information available |
|
Data Model Flexibility Can accommodate varying data models or schemas (custom fields, entity adjustments). |
. | No information available |
|
Data Validation Automatically checks and highlights data inconsistencies, missing values, or errors upon ingestion. |
. | No information available |
|
ETL (Extract, Transform, Load) Automation Automates extraction, transformation, and loading of data for dashboard preparation. |
. | No information available |
|
Data Volume Handling Maximum data records supported per dashboard update cycle. |
. | No information available |
|
Data Latency Time between data generation and its representation on the dashboard. |
. | No information available |
KPI and Metrics Tracking
(0 Yes /0 Known /9 Possible features)
|
Custom KPI Configuration Ability to define new KPIs tailored to specific product or project needs. |
. | No information available |
|
Pre-Built Insurance KPIs Includes a library of commonly used insurance KPIs (loss ratio, claims frequency, policy growth, etc.). |
. | No information available |
|
Metric Drill-Down Navigate from high-level KPIs into underlying metrics, products, or business segments. |
. | No information available |
|
Trend Analysis Visualizes KPIs over time to highlight trends and seasonality. |
. | No information available |
|
Target/Benchmark Comparison Compare current performance against predefined targets or historical benchmarks. |
. | No information available |
|
Variance Analysis Highlights variances between actual, forecasted, and target KPIs. |
. | No information available |
|
Real-Time KPI Updates KPIs are updated automatically as soon as data changes. |
. | No information available |
|
Automated Alerts on KPI Changes Sends notifications when KPIs cross certain thresholds. |
. | No information available |
|
KPI Calculation Speed Average computation time to refresh or recalculate KPIs. |
. | No information available |
Visualization and User Interface
(0 Yes /0 Known /9 Possible features)
|
Chart Types Range of visualizations supported (bar, line, pie, heatmaps, waterfall, etc.). |
. | No information available |
|
Interactive Dashboards Users can filter, drill down, and interact with dashboard elements in real time. |
. | No information available |
|
Customizable Layouts Flexibility in arranging and customizing dashboard views and widgets. |
. | No information available |
|
Theming/Branding Options Can apply organization-specific colors, logos, and styles. |
. | No information available |
|
Mobile Responsiveness Dashboard interfaces adjust for optimal display and use on mobile devices. |
. | No information available |
|
Export/Download Visualizations Export charts, dashboards, or data in various formats (PDF, Excel, PNG, etc.). |
. | No information available |
|
Dashboard Load Time Time it takes for a dashboard to become interactive after opening. |
. | No information available |
|
Widget Library Size Number of pre-built widgets or visualization tools available. |
. | No information available |
|
Accessibility Compliance Supports WCAG or similar accessibility standards for diverse user needs. |
. | No information available |
Collaboration & Workflow
(0 Yes /0 Known /8 Possible features)
|
Commenting/Annotation Users can annotate dashboards, data points, or charts for discussion. |
. | No information available |
|
Sharing Controls Granular control over who can share, publish, or distribute dashboards. |
. | No information available |
|
Role-Based Access Set permissions by role or user group (view, edit, admin, etc.). |
. | No information available |
|
Real-Time Collaborative Editing Multiple users can view and edit dashboards simultaneously. |
. | No information available |
|
Task Assignment & Workflow Integration Assign tasks related to dashboard insights and link to workflow tools (JIRA, Asana, etc.). |
. | No information available |
|
Version Control Track changes and revert to previous dashboard versions as needed. |
. | No information available |
|
Insight Sharing Frequency Maximum scheduled dashboard/email share events supported per day. |
. | No information available |
|
User Notification Options Supports multiple modes of user notification (email, in-app, SMS, etc.). |
. | No information available |
Security & Compliance
(0 Yes /0 Known /8 Possible features)
|
Data Encryption at Rest Data stored within the system is encrypted for security. |
. | No information available |
|
Data Encryption in Transit Data is encrypted during transmission between systems or users. |
. | No information available |
|
Audit Logging All user access and changes are logged for review and audit. |
. | No information available |
|
Single Sign-On (SSO) Support Supports secure, centralized authentication via SSO. |
. | No information available |
|
Multi-Factor Authentication Requires more than one method to authenticate user access. |
. | No information available |
|
GDPR/Data Privacy Tools Supports data subject requests and other privacy obligations. |
. | No information available |
|
Role-Based Security Policies Policies can be tailored to different user types and roles. |
. | No information available |
|
Regulatory Compliance Certifications Holds recognized certifications (SOC 2, ISO 27001, etc.). |
. | No information available |
Alerting & Notification
(0 Yes /0 Known /6 Possible features)
|
Threshold-Based Alerts Users can set thresholds on KPIs to trigger notifications. |
. | No information available |
|
Frequency of Notification Frequency at which the system can send notifications for events or alerts. |
. | No information available |
|
Multi-Channel Notification Delivery of alerts via multiple channels (email, SMS, push, in-app). |
. | No information available |
|
Alert Customization Users can define severity, channel, and format of notification. |
. | No information available |
|
Summary Digest Emails Option to receive summarised reports on performance periodically. |
. | No information available |
|
Escalation Protocols Unresolved alerts can be escalated and re-assigned automatically. |
. | No information available |
Analytics & Advanced Insights
(0 Yes /0 Known /8 Possible features)
|
Statistical Analysis Tools Built-in options for statistical evaluation (correlations, distributions, significance tests, etc.). |
. | No information available |
|
Predictive Analytics Integration Can include or connect to predictive models for forecasting performance. |
. | No information available |
|
Segmentation Analysis Supports analysis by customer cohort, product line, or other segments. |
. | No information available |
|
Historical Data Archiving Archives historical data for longitudinal analysis. |
. | No information available |
|
Anomaly Detection Automatically surfaces outliers or unexpected patterns. |
. | No information available |
|
Scenario/What-If Analysis Test the impact of changing variables on key metrics. |
. | No information available |
|
Advanced Filtering Capabilities Complex slicing and dicing of data for granular views. |
. | No information available |
|
Time to Insight Average time from query/action to answer/insight surfaced. |
. | No information available |
Integration with Insurance Product Lifecycle
(0 Yes /0 Known /6 Possible features)
|
Project Management Integration Connects with project management tools to feed insights into agile cycles. |
. | No information available |
|
Product Version Tracking Links performance data to specific product releases/versions. |
. | No information available |
|
A/B Testing Support Handles side-by-side comparisons of product variants in real time. |
. | No information available |
|
Feature Impact Analysis Determines how individual product features affect performance KPIs. |
. | No information available |
|
Change Log Visualization Timeline tracking of key product changes and their outcomes. |
. | No information available |
|
Feedback Loop Integration Links user or broker feedback directly to dashboard metrics. |
. | No information available |
User Management & Administration
(0 Yes /0 Known /5 Possible features)
|
User Provisioning & Deprovisioning Automated user account creation/removal via central directory or manually. |
. | No information available |
|
User Audit Reporting Periodic reporting of user activity for compliance. |
. | No information available |
|
Bulk User Upload Ability to onboard large groups of users at once. |
. | No information available |
|
License Usage Analytics Tracks assigned vs. used licenses and access patterns. |
. | No information available |
|
Custom Role Definitions Set up custom roles with tailored permissions. |
. | No information available |
Support, Training, & Documentation
(0 Yes /0 Known /7 Possible features)
|
User Onboarding Flow Guided onboarding tours and tutorials for new users. |
. | No information available |
|
Context-Sensitive Help In-app help that adjusts to context or screen. |
. | No information available |
|
24/7 Customer Support Access to vendor support at all times. |
. | No information available |
|
Community Forum/Knowledge Base Searchable resource for best practices, FAQs. |
. | No information available |
|
Documentation Completeness Level of detail in documentation provided. |
. | No information available |
|
Training Materials Available Provision of videos, webinars, and other learning resources. |
. | No information available |
|
Onsite Training Option Option for live, instructor-led training at customer location. |
. | No information available |
This data was generated by an AI system. Please check
with the supplier. More here
While you are talking to them, please let them know that they need to update their entry.