Insurance analytics offers a unique business intelligence suite for Insurance Providers. It enables them to gather, analyze, visualize, and gain valuable insights from historical and current data in the Property & Casualty insurance industry. The solution allows seamless integration of data from various sources like Guidewire, Duck Creek, and other platforms. Data is collected and replicated in real-time to a data lake repository, ensuring up-to-date information availability. Additionally, external and third-party sources, including social data, are incorporated to provide a holistic view.

Built on Azure, the solution utilizes popular tools such as Data Factory, BLOB, Data Lake Gen V2, Azure SQL, and Power BI. The suite boasts a rich variety of visualizations and dashboards catering to claims and policy-related data, facilitating informed decision-making. Moreover, users can create, import, implement, integrate, and monitor predictive models, harnessing the power of data-driven predictions.

Insurance analytics solution enhance the customer experience in:

1. Policy Underwriting
2. Claims
3. Finance

Key Features:

• Unified Insurance Data Model
• Connectors to Popular Insurance Suites
• Azure Cloud Migration Framework
• Pre-Built Dashboards for Claims and Policy

Target Users:

• Personal and Property Insurers

• Small Commercial Insurers

• Reinsurer

Customer Need/Pain Points Addressed:

1. Conquering Data Integration Complexity - Our solution effectively tackles the complexities associated with integrating data from diverse sources, including legacy systems, third-party data, and various touchpoints such as claims, policy, telematics, agent interactions, customer interactions, and social media data. This ensures that the data becomes actionable, allowing for effective extraction of insights.

2. Enhancing Customer View - Insurance Analytics empowers insurers to overcome the challenges of managing data analytics at the product level by adopting a customer-centric approach. It enables the aggregation of data from multiple touchpoints, resulting in a comprehensive 360-degree view of customers.

3. Resolving Non-Scalability Concerns - Our Solution offers exceptional scalability, capable of handling any workload and accommodating any data volume. It is designed to easily scale according to the future needs of enterprises.

4. Swift Time to Market - Customers can swiftly enable dashboards and begin deriving insights from their data in just 2 weeks' time.