big data analytics for insurance business
TRANSCRIPT
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INSURANCE
Big Data Analytics for Insurance Business
One of the leading brokerage firms in the US has been able to transform their business by relying on data analytics and insights.
Powerful Insurance Brokerage Analytics Solution with pre-built business intelligence features
Big Data Analytics for Insurance Business
With their presence spanning over 30 locations, the C level executives were unable to track and analyze agencys financial progress.
Big Data Analytics for Insurance Business
Real-time data and actionable insights are critical for competing in todays rapidly disruptive and digitally connected insurance distribution industry.
White Paper: Leading Brokerage Firm
As realized by a top US based Insurance Brokerage firm, they were processing and storing vast amounts of data within their agency management systems but unable to tap the potential for business contained therein.
Challenge
Executives and producers within Insurance Brokerage wanted to constantly innovate to attract new clients, while retaining and growing their existing clientele through new offerings.
Solution
By choosing ASSYSTs PanBI Big Data Analytics, a web-based Insurance data analytics and data visualization solution, the customer enabled management of employees, clients, producers and partners with data-driven insights.
Solution
This solution empowers Insurance brokers and agencies to gain insights from multidimensional analytics to benchmark, track and predict business performance by product offering, pricing, commission structures, customer base, geographical presence, transaction channels and brand visibility.
Solution
As a result, PanBI facilitated data-driven analysis of the Insurance agencys performance in terms of policy volume, revenue, new business and activity across all carriers.
Solution
PanBI is a business analytics platform that helps gather actionable insights from enterprise data.
Webinar
Get started now to bring a change in your insurance strategyA Free Webinar onInsurance Data Analytics