Two business casual people making confused faces

Insurance Icon

Insurance Dashboards

With interest rates at historic lows, life insurers are being challenged to increase revenue and improve operational efficiency like never before. Property and Casualty insurers need more innovative ways to model and analyze risk. Data analytics can offer the advanced insight you need to aggregate, analyze, and isolate important information – the kind of data that helps increase revenue and drive innovation. Use your data to build existing pricing schemes and policyholder data, to create effective pricing plans, analyze risk factors, and expand into new markets with confidence.

Dashboard Solutions

Risk Analysis

An analytical dashboard offers in-depth data in an easy-to-use interface. Use Enterprise Risk Management (ERM) techniques to model and manage risk, confidently expand into new global markets and product lines, and analyze solvency (Solvency II / ORSA) to meet regulations.

Market Development

Many organizations consider global expansion. Do it right with a well-designed insurance dashboard that shows country-or region-specific information and the associated risks and opportunities. Dig deep into regulatory issues, competitive analysis, market potential, M&A opportunities, as well as the political, cultural and religious considerations.

Financial Analysis

How do your sales and claims map out across various products and regions? Use Dynamic Financial Analysis (DFA), solvency (DST) and asset and capital allocation (DCAT) models to analyze your organization’s financial health. Analytical dashboards can be exported to PDF and Excel spreadsheets for additional analysis.

Customer Service

Visualize your Business Transaction Management data to see the delays in claims processing, billing and underwriting for your online customers. Track customer service metrics from your call center by product, region, and service rep to make improvements.

Policyholder Analysis

With individual policyholder data, you’ve got a way to improve underwriting and pricing techniques. Create innovative, specialized products that target discrete policyholder segments. For example, health insurers can incorporate data from Electronic Health Records (EHRs) into a dashboard to identify risk factors, evaluate care processes, and explore alternative payment incentives and tiered provider networks.

Visualize Such KPIs As:

  • Average Claim Value
  • Claim Count
  • Profit/Loss Ratio
  • Investment Earnings
  • Earned Exposure
  • Total Premiums Written
  • Market Share
  • Number of Corporate Customers
  • Average Products Per Customer
  • Total Online Quotes Delivered