Case Study: Large Motor Insurer achieves 2.8% profit improvement with Earnix

Large Motor Insurer

Earnix worked with a large European national subsidiary of a global insurer in the insurance industry, focused on motor insurance pricing analytics. The customer managed a million-policy motor portfolio through more than 200 agencies and needed to optimize premiums for retention, profitability, and lifetime value while complying with strict regulatory rules on tariff structure, renewal pricing, and price caps.

Using the Earnix Auto Insurance Solution, Earnix emulated the client’s existing pricing approach, reverse-engineered demand-based pricing, and built conservative and advanced pricing scenarios to optimize renewal caps, alternative offers, and tariff factors. The project delivered a profit improvement of 2.8% of premium written while maintaining retention levels, all in strict compliance with regulatory requirements.