InsFocus BI includes a wealth of built-in insurance content and functionality, including:
- Dynamic pro-rata calculations
- Outstanding claims calculations
- Snapshot views
- Reinsurance support
- Claim status filters
- Claim development (triangulation)
- Risk dimensions
- Product / section analysis
- Renewal / lapse calculations
- Policy / section / claim granularity
To learn more about the insurance industry-specific advantages of InsFocus BI, download a comprehensive product description or schedule a live web demo today.
Profitable Answers for Every Insurance Domain and for Every Decision Maker
InsFocus BI’s industry-specific tools and built-in insurance expertise deliver clear, detailed analysis and focused information to insurance business executives and management at all levels and in all domains, including:
Boost sales and retention with InsFocus BI’s marketing analysis features.
- Monitor sales
- Analyze distribution channel performance
- Supervise marketing campaign effectiveness
- Control lapse and attrition
- Identify and capitalize on cross-selling / up-selling opportunities
InsFocus BI's underwriting solutions support pricing insurance products and rating commercial accounts with:
- Underwriting year / accident year analysis
- Product, section, and line profitability reporting
- Loss ratio, loss frequency, and burning cost measurements
- Risk analysis by rating factors
- Rate comparisons
- Client-level underwriting results
Handle claims more efficiently and cost-effectively and control reserves with InsFocus BI.
- Claim activity monitoring
- Paid, outstanding, and IBNR measurements
- Detailed indemnity and expense breakdowns
- Run-off analysis
- Claim reporting delays
Optimize and manage your reinsurance program with InsFocus BI.
- Catastrophe and peak exposure control
- Reinsurance cession profitability
- Large claims reporting
- Reinsurer and treaty breakdowns
- Risk profile reports
InsFocus BI features a broad range of actuarial data management and calculation tools, including:
- Claim development (triangulation) with chain ladder extrapolation
- Policy and sum-insured exposure calculations
- Claim behavior pattern analysis
- Accident / reporting / payment analysis
Keep executives and comptrollers informed with InsFocus BI’s up-to-date accounting information.
- Daily pro-forma profit-loss statements
- Profit-loss statement breakdowns for any dimension
- Statutory reporting information
- Credit control
- Cash flow projections
Learn More About Our Focused Approach to Insurance Business BI
Clear answers for your insurance business demand insurance-focused analysis and reporting. Download a detailed product description or schedule a live web demo to see why our focus on insurance means a powerful, easy-to-use, and clearly superior insurance BI solution for you.