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An Insurance & Technology Webcast:

Creating the Foundation for BI Success

Duration: 60 minutes

Insurers have used analytics and BI for reporting purposes for decades within business units – and done so with some success. However, heightened customer expectations, the increasing burden of changing and more timely regulatory and financial reporting requirements and the challenging competitive environment have forced insurance companies to address the necessity of bringing siloed business data together in order meet these demands and to have a trusted enterprise view and insight into this critical information.

This is not a new challenge. However, past data management approaches failed during the mid-2000s due to several causes: lack of an enterprise strategy and foundation, "boiling the ocean" massive-scale projects, insufficient IT project leadership and lack of business involvement. This free, one-hour webcast, hosted by NIIT Technologies and Insurance & Technology, will analyze the lessons learned from past mistakes and the keys to a successful data warehouse, business intelligence and analytics program -- starting with a mature insurance data model.

  • Optimizing infrastructure, data and information access.Accelerating the process via an insurance-specific BI framework.Taking advantage of data quality and validation tools.Using data to more effectively develop and monitor business strategies and pricing regimes.
  • Supporting compliance efforts.


 
 

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