Insurer Analytics software is designed to improve a company’s effectiveness and profitability through driving and automatically measuring targeted action programs. It can be deployed across any function including Marketing, Policy, Customer, Insurance Claims and Administrative Operations.
The dynamic nature of the product provides a more timely understanding of business performance. Often, with MI, by the time the situation is understood, it is too late to take preventative action and deal with emerging issues.
Analytics changes this and moves a company towards more responsive and targeted methods of action, by automatically highlighting specific issues, shortening and managing the “speed to market” of particular remedial action initiatives.
The software is modular and allows the user a high degree of interaction for “train of thought” analysis providing, in addition, an automatic monitoring of performance across Key Performance Indicators.
Insurer Analytics offers a wide range of functionality within its Modules including: Train of thought analysis; Automated monitoring; Fixed MI Reporting; Implementation and Measurement of Actions; sophisticated Data Engineering
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Available from Innovation Group
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Available from: Innovation Group
Innovation Insurer™ combines sophisticated business process management capabilities and a market-leading Service Oriented Architecture (SOA) to help organisations overcome the limitations of rigid... Read More
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Available from: Innovation Group
Insurer Policy is functionally-rich, enterprise-wide, rules-based end-to-end policy management solution that includes CRM, product management, channel management, quote, underwriting, rating,... Read More
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Available from: Innovation Group
Insurer Claims is functionally-rich, enterprise-wide, rules-based end-to-end claims management solution that includes FNOL, vehicle damage, injury, property damage, subrogation, special... Read More
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Available from: Innovation Group
Insurer Pyramid is functionally-rich, enterprise-wide, rules-based workers compensation policy, claims and analytics solution on .NET and SQL architecture with extendibility to related commercial... Read More
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Available from: Innovation Group
At Innovation Group we have proactively responded by building out the processing capabilities in our software, Insurer Claims, and building out our expert BPO services to address the need for a... Read More
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Available from: Innovation Group
Innovation Group is the leading provider of insurance specific business process services in the U.S. with over 170 clients across all P&C lines of business including personal auto,... Read More
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Available from: Innovation Group
In an intensely competitive P&C insurance market, insurers are focused on operational effectiveness and innovation to drive profitable growth. At Innovation Group, we realize that to achieve this,... Read More
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Available from: Innovation Group
There are many outsourcing vendors in the P&C market, but very few partners. We pride ourselves as a partner with our customers, one who collaborates and shares in the rights and responsibilities as... Read More
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The past two years have shaken the historical assumptions underpinning insurance and business models. The "Great Recession" has exposed underlying issues within the P&C insurance industry ...Read MoreThe past two years have shaken the historical assumptions underpinning insurance and business models. The "Great Recession" has exposed underlying issues within the P&C insurance industry which are contributing to a lack of underwriting profitability which has proliferated in the industry for over 25 years, accumulating a deficit of almost half a trillion dollars at the top as highlighted by the Insurance Information Institute (III).
This new normal requires a new path forward. A truly new path must employ a modern, functionally-rich policy management solution to enable four key business transformation areas:
1. Customer centricity, expectations and insight
2. Innovative and rapid product development
3. New distribution channels
4. Underwriting and service excellence
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The financial crisis is indeed a “once in a half century event”, but one she suggests it happened four times before over the last 200+ years. Each technology-based revolution had its unique dynamics, ...Read MoreThe financial crisis is indeed a “once in a half century event”, but one she suggests it happened four times before over
the last 200+ years. Each technology-based revolution had its unique dynamics, but the historical view provides insight
for insurers as they embrace this disruption, use new technologies like SOA, SaaS, social media, and mobile internet
computing to plan their future.
New technologies and innovations advocated by entrepreneurs and leading companies are the force that creates and
sustains long-term economic growth, even as this same powerful force creates a new competitive landscape and
destroys the value of established companies if they do not re-shape their companies.
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