|[November 21, 2012]
Generali PPF Holding Selects Earnix Optimizer as its Global Pricing Platform in CEE
LONDON --(Business Wire)--
a leading provider of Integrated
Pricing and Customer Analytics™ solutions for banking and insurance,
today announced that Generali PPF Holding (GPH), a leading insurance
group in CEE, Russia and CIS, has selected Earnix Optimizer as its
standard global pricing platform.
GPH has purchased the full suite of Earnix Optimizer modules to be
implemented through a phased approach. The implementation is already
underway with a plan to roll out the Earnix Optimizer platform to GPH
affiliate companies over the coming months.
Once fully implemented the Earnix Optimizer platform will provide all
GPH affiliate companies with pricing practice consistency and efficiency
through the use of a common practice and by leveraging development done
within and between the GPH affiliate companies.
GPH selected Earnix after a thorough market search and evaluation of
available solutions. Commenting on theEarnix decision, Jirí Strelický,
Head of Generali PPF Holding Pricing Competence Center, said, "The
effectivity of the Earnix Optimizer pricing platform and the breadth and
depth of functionality it offered were the main drivers of our final
decision. We were also persuaded by the quality and expertise of the
Earnix team and their knowledge of insurance as well as the nuances of
our pricing needs."
Jirí continued, "We anticipate that the intuitive user interface and
advanced analytics offered by Earnix will provide exemplary online
pricing capabilities to our channels and enable integration with our
existing CRM systems to further leverage our capabilities. With Earnix
we believe we have selected a platform which is future proof, enabling
us to continue to refine and adjust our pricing over time, as our needs
and the market continue to evolve."
"We are very pleased with GPH's decision to deploy our Earnix Optimizer
platform to provide a global and standardized pricing process," said
David Schapiro, Earnix CEO. "More and more, insurers are looking to
refine pricing strategies as a way to continuously enhance customer
loyalty, and achieve both sustainable growth and bottom-line
profitability. The GPH decision is further validation of the value of
our Earnix Optimizer platform, and an opportunity to help us expand our
market footprint and enhance the industry's understanding of what Earnix
has to offer."
About Generali PPF Holding
Generali PPF Holding comprises businesses in 14 countries - Belarus,
Bulgaria, Croatia, the Czech Republic, Hungary, Kazakhstan, Montenegro,
Poland, Romania, Russia, Serbia, Slovakia, Slovenia and Ukraine - and is
among the most important insurers in Central and Eastern Europe, with
total assets under management of almost €15 billion, premium income over
€3.3 billion and more than 13 million clients. Generali PPF Holding is
part of the Generali Group.
Earnix Integrated Pricing and Customer Analytics™ software empowers
financial services companies to predict customer demand and its impact
on business performance, enabling alignment of pricing and products with
changing market dynamics. Earnix combines risk and demand modeling with
real-time connectivity to core operational systems, bringing the power
of analytic-driven decisions to every customer interaction. Banks and
insurers rely on Earnix solutions to optimize deposit, loan, and policy
prices. For more information visit www.earnix.com.
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