Making the right business decisions has a decisive impact upon insurance operations. The increasingly dynamic environment and rapid changes have caused companies to seek out new possibilities of increasing their competitive advantage and more efficiently managing their resources. Reaching the right decisions requires reliable, accurate and timely information.
Here at Adacta Group, we treat the establishment of each and every business intelligence (BI) system as a content-related business project, one that is not completed until the technical implementation stage. Our wealth of experience within the insurance industry and knowledge of its business functions enables us to provide end-to-end project implementation ranging from the definition of indicators and the reporting system and the improvement of input information and technical implementation, which may include data warehouse deployment, to company-wide organisational introduction.
Within the insurance industry, it is essential to provide reports and ad-hoc analyses for all user levels in a timely fashion. Users need to be able to review policies, securities, premiums, claims, indemnities and other relevant data categories (with the option of drilling down to the level of insurance policies, claims files and other detailed data) as well as perform analyses of customer profitability, risks, segmentation, various accounting analysis, etc.