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Earnix Concludes its First Pricing and Innovation Summit for General Insurance



  Earnix Concludes its First Pricing and Innovation Summit for General
  Insurance

  More than 70 executives from over 40 insurance companies and 12 countries
                  attended the two-day conference in London

Business Wire

LONDON -- November 06, 2012

Earnix, a leading provider of Integrated Pricing and Customer Analytics™
solutions for banking and insurance, concluded its first Pricing and
Innovation Summit  with executive attendees from insurance companies in
Australia, Czech Republic, Denmark, France, Ireland, Israel, Norway, Poland,
South Africa, Spain, United Kingdom and the USA.

Held at the Andaz Hotel in London on October 23^rd and 24^th, the two day
summit agenda offered a series of presentations, panel discussions and case
studies on a wide range of topics, including; management of innovation,
multi-channel distribution, pricing sophistication, fraud prevention,
analytics implementation and the future use of Big Data in the insurance
industry. The event also provided an environment for the attendees to network,
socialize, and informally share their Earnix experience.

The event kicked off with opening remarks from Earnix CEO David Schapiro. In
addition to other Earnix speakers, the program welcomed guest speakers from
AXA, RSA, Direct Line Group, Liberty Direct, BGL, Zurich Insurance Group, and
McKinsey & Company.

Alan Bauer, former Direct Group President, Progressive Insurance, delivered
the keynote address with a focus on emerging trends in insurance. Commenting
on his summit experience, Alan noted, “The Earnix summit was truly a rare and
marvellous opportunity to be exposed to some of the latest ideas and finest
thinkers with respect to insurance. I learned a ton.”

Other attendees also shared their perspective on the summit with Peter
Hubbard, Group Chief Executive with UK General, saying, "What I liked about
the Earnix Summit was the deep insight and open discussion about fundamentally
important industry problems."

Peter Jackson, Travelex CEO added, “The uniqueness of the Earnix Summit was in
the forum of executive and technical analytical savvy professionals. This was
indeed the right forum to discuss pricing optimisation and behavioural
economics.”

“We are very pleased with the success of this inaugural event. The number and
calibre of the attendees and speakers proved to provide great content and an
ideal format for fostering interaction between and insight from insurance
leaders from all parts of the globe,” said Earnix CEO David Schapiro. “The
planning for next year’s event is already underway and we look forward to
taking what we learned from our recent event to make the next one even better,
while being sure to maintaining the unique executive interactive summit format
that worked so well.”

About Earnix

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.

Contact:

Earnix Ltd.
Aviv Cohen, VP Marketing
+972-50-313-5040
aviv@earnix.com
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