The QlikView Business Discovery Solution for Insurance
Using QlikView, leading insurance companies worldwide can:
- Analyse customers to uncover new opportunities, identify cross sell potential and improve retention
- Optimize claims processing and enhance claims service levels
- Empower underwriting with visibility into policies, premiums, and loss ratios
- Better assess risk and policy portfolio exposures across products, geographies, and lines of business
- Monitor sales and insurance agent performance and enable self service analysis to field (remote) personnel
- Ensure regulatory compliance and uncover fraud through ad-hoc investigation and reporting
- Optimize operations, improve service levels, and streamline IT
The QlikView Customer Experience
Over 2,500 financial services institutions rely on the QlikView platform, including all of the top 5 insurance companies based in North America and Europe*, because it empowers business users and decision-makers, providing access to on demand analysis, insights and business discovery.
* 2011 “Forbes 2000” list
Compliment your existing BI investment with QlikView
Every insurance company has one or more traditional BI products in place. However, insurers typically leverage those products for just managed reporting. Business users require a more agile, easy to use BI solution that enables to them with self service discovery capabilities. Learn why such a large number of insurance companies are adopting QlikView
Utilize Business Intelligence (BI) strategically. Keep loss ratios as low as possible while offering the right products to the right customers. Analyze every aspect of customer behaviour and relationships. Empower the entire business to optimize decisions that affect performance and profitability.
Transform Business Intelligence (BI) into fast, reliable decisions driving business value
QlikView helps decision makers across the organization get the critical Business Intelligence (BI) they need to drive higher performance levels. QlikView complements traditional reporting and modelling with a simple, powerful, self-service way for users to get to the right Business Intelligence (BI) at the right time. QlikView helps financial service firms address this important and traditionally difficult challenge to unlock the value of their business intelligence.
By the Numbers: Financial Services
Time to Value43% Deployed QlikView in < 1 Month82% Deployed QlikView in < 3 Months2.4 Months to Implement57% Reduction in Time to Access Information61% Reduction in Time to Analyze Information
Tangible Benefits30% Increase in Cash Flow21% Increase in Revenue42% Increase in Employee Productivity31% Decrease in Operating Costs44% Increase in Customer Satisfaction
Cost of Ownership54% of the TCO of Other Solutions (Total)58% of the TCO of Other Solutions (Implementation)61% of the TCO of Other Solutions (Ongoing Services)29% Decrease in Existing BI Overhead38% Decrease in Reporting Overhead
Success & Satisfaction96% Customer Satisfaction150% Return on Investment