Insurance

Provide right product to right customer, analyze customer history to track suspicious claims and give the best price at the right time to increase profit.

EzDataMunch’s suite of pre-built insurance analytics dashboards gives companies real-time visibility in all of their business processes. Our easy to use and highly scalable solutions transform complex data into graphical charts in minutes. This information is available to managers anywhere and anytime and helps them take data driven decisions.

EzInsights Insurance Analytics

Adhere to regulations, keep competitive pricing and improve profits by using our Insurance Analytics solutions.

Increased competition and stringent regulations have created pressure on insurance companies to improve their products and enhance their operations. Customers are demanding more transparency in terms of product information and documentation and lesser time for claim disbursement. Insurance companies are facing fraudulent claims which are increasing at an alarming rate. This scenario has pushed companies to have a comprehensive insurance data analytics solution that can help them in proper pricing of their product, manage assets and reduce risk. Insurance companies are rife with data.

  • This data is being generated from disparate systems such as claims management and call centers.
  • Customer’s data through marketing channels and customer behavior.
  • Insurance application forms and data from brokers or agents.
  • The challenge here is how to empower leaders at various levels to use this data and make informed decisions.

Claims

Reduce claims processing time, avoid frauds & eusure custome satisfaction.

Learn More
q

Risk

Identify account & product risk, evade fraud & adhere to business rules.

Learn More

Premium & Loss

Understand premium & loss per product, customize products, forecast profits

Learn More

Blogs

Data Analytics types for Better Decision Making in Business

What are Data Analytics? Data analytics is the technique of analysing raw data in order to make conclusions about that information. Data analytics technologies and techniques are mainly used in business enterprises to enable organizations to make more informed...
Read More

Operational Analytics KPI & Example – Success in Business

What are Operational Analytics? Operational Analytics is a kind of business analytics that monitors day-to-day operations of the organization and improves current operations. In this type of analytics, various tasks like data mining, data collection and data...
Read More

HR Dashboards and Templates – Monthly and Annually Reports

What Is a Human Resources Dashboard? The HR Dashboard is a visual demonstration of HR Metrics. An HR metrics Dashboard recognizes the major human capital trends in an organization, which requires the Chief Executive Officer (CEO) and Lead teams to closely understand...
Read More

Data Quality Management & Metrics for successful Data Control

What is Data Quality? Data quality is the assessment of fitness of data to fulfill its purpose in a perception or in any context. Below we will benefits and why data quality management needed for any orgationation. It describes several dimensions like: Data...
Read More

The Power of Analytical Reporting – Business Examples & Templates

What Is an Analytical Reporting? There is another type of business reporting that is used to make decisions. Analytical reports offer both information and analysis, but they also include recommendations. Offering recommendations is the biggest difference between...
Read More

Benefits of Management Reporting-Best practices and Report Examples

What is a Management Reporting? Management defines handling and controlling of different team members in the organization which results in achieving the target. Management reporting is a management control system that provides business information or management...
Read More

Dashboards vs Reports Which one fits your organization

Dashboards vs Reports The term reporting has often been used to describe both dashboards vs reports, with users commonly referring to simple tables placed within dashboards, as reports. The question is, what's the difference between the two? Many organizations view...
Read More

Digital Dashboard – Know the potential in a business environment

What does Digital Dashboard mean? A Digital Dashboard is an electronic interface used to acquire and consolidate data across an organization. A digital dashboard provides in-depth business analysis, while providing a real-time snapshot of department productivity,...
Read More

8 Key Factors for a Successful Business Intelligence Strategy

Business Intelligence Strategy What does Business Intelligence mean? Business intelligence (BI) is important for every business growth. But only it can be extremely powerful - if it’s done correctly. BI comprises the strategies and technologies used by enterprises for...
Read More

5 Ways how Big Data Analytics changes eCommerce

Big Data Analytics changes ecommerce Big data is a field that treats of ways to analyze, systematically extract information from, or otherwise deal with data sets that are too large or complex to be dealt with by traditional data-processing application software. Let...
Read More
insurance analytics

Whitepaper

Key KPIs for health insurance analytics.

Events


Up Coming Webinar


Completed Webinars

Share This