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Industry Warehouse Studio™ (IWS) for P&C Insurance
The Industry Warehouse Studio for Property & Casualty Insurance delivers the first pre-built business intelligence application suite for the industry structured to leverage a customer-centric data warehouse infrastructure and specifically designed to exploit the industry-specific transaction-level data in a typical P&C Insurance organization. Tracking the business performance of an insurance company requires an understanding of the key events that occur including quotations, new business, renewals, claims and cancellations.
The Property & Casualty IWS application includes an analysis of channel performance and channel loyalty; the relationship between insurance quotations accepted and declined; the incidence of non-renewals and the characteristics of customers who failed to renew policies; the incidence of cancellations and the characteristics of customers who cancelled policies; the latent demand that exists for additional insurance cover by customer; potential cross-sell and up-sell opportunities and the performance of different organizational units. Learn more about IWS and other vertical models.
