Advanced insurance businesses know the importance and the benefits of having Business Intelligence – powerful reporting and analysis – system.

“Finance engineering” BI solution for insurance, combines the following management and technological concepts:

• CPM (Corporate Performance Management)
• ABC (Activity Based Costing)
• MIS (Management Information System)
• BI (Business Intelligence)
• DWH (Data Warehousing)
• Ad-hoc reporting (enables non IT users to create reports by themselves operating with predefined list of indicators and slices)

Finance Engineering BI Insurance offers full package of reporting, analytical and decision support functions for nowadays insurance company. The system is able to prepare actual reports on time and with minimum human time spending as well as to ensure rapid introduction of new reports.

We would like to point our main competitive advantages:

• Finance Engineering has clear know-how on business value extraction from BI Insurance. System is designed to provide decision support for daily insurance management functions, which we are implementing into business together with the system.
• Finance Engineering BI experts are able to ensure right quality reporting even in very complex technologically and time stressed situations. BI Insurance has modern and powerful data & query processing engines implemented.

Key benefits of BI Insurance:

• Background for product profitability analysis
• Assistance with budget execution and costs control
• Decision support on sales and claims handling management
• Standard reporting for shareholders and supervisory institutions
• Background for development of customer loyalty programs

BI Insurance offers the following (mid level management functions oriented) modules:

• Profitability Module – profitability analysis in segments
• Sales Module – sales analysis
• Claims Module – claim process analysis
• Finance Module – finance analysis