Insurance Analytics & BI Solutions, India

Methodology

Consulting

01

Deep dive into your business and analytics goals to develop an analytics strategy tailored to your needs.

Data Preparation &
Visualization

02

Integrate, model and crunch your data no matter the data source or quality. Get Dashboards with visually pleasing user interfaces and charts for your most important KPIs.

Deployment

03

From adding a layer of security and governance to distribution through automated emails, embedded dashboards, mobile apps or chatbots, we’ve done it all for our clients.

Adoption &
Optimization

04

Your BI solution is useful only when your business embraces it. Run specialized adoption programs built to kickstart and sustain the use of analytics within your organization. Ensure optimum performance with our support and maintenance services.

Training

05

The Institute of Business Intelligence addresses the analytics training needs of organizations that want to have end to end control of their analytics and for individuals looking to pursue a career in analytics.

Use Cases

Premium Inflow

Dashboards to track LOB wise premiums and NOPs and their fluctuations month on month. Track product and channel wise performance of the premium numbers.

Claim Trends

Track your claims across different parameters ranging from early claims, intimated, paid and outstanding claims. Comparison of current year vs previous year gives can also be visualized.

Channel/Agent Scorecards

Development and deployment of scorecards to track and improve the sales and service performance of channels/agents across the country. Determine incentive payout and encourage agents to over achieve targets.

Loss Analytics

Deep analytics of key insurance ratios like Gross Loss Ratio, Net Loss Ratio, Combined Ratio and more. Review and predict the points of failure. Improve Loss ratios and increase profitability.

Loss Triangles

Various loss triangles like accident year wise etc help you to understand the pattern and enables you to maintain appropriate reserves

Regulatory Reporting

All regulatory reporting needs for underwriting, Finance & Actuarial are catered and made available for filing to IRDA.

Customer Success Story

HDFC Life improves customer response time by 50% with QLIK SENSE

To meet their objective and to inculcate the habit of storing and sharing information centrally within the organization, HDFC Life needed a business intelligence solution with the intuition to aid strategic decision making. Team Computers partnered with Qlik to make this happen.