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Bituach Haklai successfully implemented an Insurance BI System from InsFocusPosted in Tel Aviv, Israel (PRWEB) on August 25, 2011
http://www.prweb.com/releases/2011/8/prweb8746964.htm
Bituach Haklai had purchased and successfully implemented InsFocus
BI, the insurance BI system by InsFocus.
InsFocus BI is an
analysis and reporting
system tailored specifically for the insurance industry and provides all
the knowledge required to handle the insurance data more efficiently.
This system replaced a previous BI system from a different vendor that
had been installed at Bituach Haklai.
After a short and efficient implementation
project, the system was up and running and had since then been providing
diverse executive reports and analysis including operative data,
profitability KPI’s, reinsurance data and a dynamic platform for
actuarial analysis and reserve calculations.
Mr. Arieh Herman, General Manager of Bituach
Haklai, reports that “InsFocus BI had been tested and found to be the
most suitable system for handling our company’s needs at Bituach Haklai,
both today and in the future to come. This system will allow us to
continue to maintain our grasp in the market, improve our profitability
and bring up to date and accurate data to the decision makers in the
company, which will improve and streamline our organization”.
Mr. Uri Taiber, founder and CEO of InsFocus
had been quoted as saying that “Bituach Haklai had approached us to
implement InsFocus as the company’s BI system, to provide their decision
makers with the executive information required for maintaining the
company’s effectiveness and profitability. Bituach Haklai is one of the
insurance veterans in the Israeli market and is active in general
insurances with an emphasis on agricultural communities. One of the
challenges that we had to meet in this project was to deliver our
solution to Bituach Haklai within a very tight schedule. Thanks to our
profound understanding of insurance business and the built-in insurance
data model of InsFocus BI, we managed to deliver the project within a
few months”.
CONTACTS
Arieh Herman, Managing Director
Bituach Haklai Insurance
www.bth.co.il
arieh@bth.co.il
+972-3-5632828
Uri Taiber, CEO
InsFocus Systems, Ltd.
www.insfocus.com
utaiber@insfocus.com
+972 3 9233766
ABOUT INSFOCUS
InsFocus is a leading provider of insurance business intelligence software for the insurance industry. Leveraging decades of insurance industry experience paired with BI and DW expertise, InsFocus Systems brings advanced analytics to every part of the insurance business, including marketing, underwriting, reinsurance, actuarial, and accounting domains.ABOUT BITUACH HAKLAI
Bituach Haklai is one of the oldest insurance
companies in Israel and is active in general insurance both in the
private sector and agricultural communities. In the private sector the
company sells motor, home, and business policies along with liabilities
to industries. In the agricultural community sector, the company sells
an array of property and liability policies to their industries along
with motor, livestock and accident policies.