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

Insurance Analytics-Insurance Dashboard

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.

q

Risk

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

Premium & Loss

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

Blogs

The Benefits of Business Intelligence for Small Business Growth

Implementing business intelligence tools can greatly benefit small businesses by providing valuable insights and data-driven decision-making. These tools can help small businesses analyze their operations, identify trends, and make informed decisions to drive growth...

Modern CRM Analytics for your Business – A Guideline to a Sales Manager

One of the biggest benefits of using modern CRM analytics is the ability to gain insight into your customers' behavior and preferences. By analyzing data on customer interactions, purchase history, and demographics, you can identify patterns and trends that can inform...

Effective Techniques for BI Project Execution with Examples and Tools

Business Intelligence (BI) tools are becoming increasingly crucial for businesses to stay competitive in today's market. These tools provide a clear view of all the data a business has, enabling informed and data-driven decision-making. While nearly 50% of businesses...

Effective Tips for Applying Data Analytics to Develop Your Business

Data analytics has become a crucial aspect of business strategy and decision-making in today's world. With the amount of data available at our disposal increasing every day, organizations have realized the importance of analyzing this data to gain insights and drive...

What Are Incremental Sales – Learn Examples and Calculations

Sales are the process of generating leads, converting them into buyers, and then ensuring that they become repeat customers. Selling is not easy. Achieving success with this requires a lot of time, energy, and focus. However, there are some techniques and strategies...

Top 10 Business Intelligence Dashboard Features and Benefits

Business Intelligence Dashboard is a powerful management tool that plays a vital role in decision-making both internally and externally in an organization. Business Intelligence Dashboard is also known as Data Dashboard represents various data visualizations to give...

Financial Reports vs. Management Reports What’s the Difference

Reporting provides a basic understanding of business performance and operations. In a business, a report provides important details regarding future forecasting, marketing planning, budget planning, and decision making. In the article below we will explain Financial...

Dashboard Types – Strategic, Analytical, Operational & Tactical

Business dashboards play an important role in carrying out day-to-day operations. Almost every management level in the organization uses business dashboards to accomplish their task and to take an effective measure for the business. These dashboards have unlimited...

Know Customer Dashboard for Your Customer Insights Analytics

Dashboards have become a business standard tool over the past few decades. Several dashboards have participated to meet the demand to meet business requirements and achieve business goals. Just like the sales dashboard helps the business to see the total sales, the...

QlikView Vs Qlik Sense Comparison – Which is Better BI Tool

The demand for business intelligence tools has increased over the past few decades. BI tools are becoming a new source of providing efficient data storage and transportation. Well, many companies have already experienced Qlik and realized the power of Business...
insurance analytics

Whitepaper

Key KPIs for health insurance analytics.

Events

Up Coming Webinar

Completed Webinars

Share This