Insurance Analytics (IA+)
GrayMatter’s Insurance Analytics (IA+) is an out-of-the-box performance management solutions especially developed for middle and senior management of Insurance companies who are responsible for driving growth in a highly competitive business environment. Insurance Analytics (IA+) covers complete spectrum of Insurance BI i.e. Insurance Business Intelligence from Sales & Distribution Analytics to Marketing Analytics, Claim Analytics, Underwriting Analytics, Actuarial Analytics, Operations Analytics, Reinsurance & Finance Analytics.
IA+ consists of highly intuitive role-based dashboards, scorecards, multi-dimensional cubes for data exploration and predictive analytics models for Up-Sell / Cross Sell, Sales Forecast, Claim Forecast, Lapse & Surrender models to improve the performance of the team and department. The dashboard has ability to showcase multiple scenarios of the business which can assist the users in taking informed decisions across the line of business and functions.
IA+ Implementation at AIA SriLanka
Insurance Analytics – Key Benefits
Insurance Analytics (IA+) Modules
IA+ is designed with a modular approach to meet the specific requirements of each function head such as Sales & Distribution, Marketing, Claim, Operations, Underwriting, Actuarial, Reinsurance & Finance. The Insurance Business Intelligence scorecard comprises of most relevant KPI’s & metrics for each function with month-to- date (MTD) and year-to- date (YDT) performance against the plan. Each functional module provides in-depth coverage to ensure business users has sufficient information for effective decision making.
A COMPREHENSIVE INSURANCE ANALYTICS (IA+) SOLUTION
GrayMatter Insurance Analytics team understands technical & functional challenges of insurance companies. Having an integrated data management strategy coupled with GrayMatter’s deep domain expertise in Insurance Industry, can help Insurance Companies in aligning their actions with the short-term & long-term business goals. We help our clients deploy most reliable, accurate, scalable, and integrated analytics solution by leveraging their existing database and Business Intelligence (BI) platform. Our Insurance Business Intelligence team also assist clients in creating a comprehensive business analytics road-map which includes single customer view and enterprise data warehouse strategy for seamless flow of information across organizational for effective decision making.
GrayMatter IA+ News
- GrayMatter: Enabling Insurers Create Business Value through Analytics January 10, 2018
- GrayMatter and Global Business Counselling jointly conducted an exclusive event for key executives from insurance industry May 23, 2017
- Avows technologies is a new partner signed up by GrayMatter for Malaysia on 15th March 2016 March 15, 2016
Latest Insurance Blogs
- How is your Underwriting Team performing? November 9, 2017
- Growing Frontiers in Insurance Business June 30, 2017
- Predictive Analytics for Insurance Company January 15, 2016