Cover-All Technologies Inc. announces the general availability of its NexGen Business Intelligence Suite, which can be leveraged either as an integrated component of Cover-All’s My Insurance Center Business Acquisition Platform or as a stand-alone solution that can leverage data from virtually any insurance source system.
“We believe the NexGen Business Intelligence Suite is the industry’s most advanced and in-depth end-to-end solution,” described Manish Shah, president and CTO of the company. “The suite provides data models for pre-staging, staging, warehouse and data mart covering core insurance subject areas, supporting global and diverse insurance business needs. Leveraging OLAP technology, the NexGen Business Intelligence Suite delivers hundreds of insurance metrics and slicing capabilities through various dimensions.”
Additionally, the included data flows between data models are developed based on several years of experience working with numerous source systems and their associated limitations, according to Shah.
“Emanating from our extensible and proven data model, the solution is designed to unify data from multiple business units, operating on multiple administrative platforms, into a consistent enterprise view of information for analysis and planning,” he says. “With built-in performance management and analytics capabilities, which leverage secure user-configurable dashboards and scorecards, ours is truly a differentiated solution for insurance organizations.”
Cover-All architected the NexGen Business Intelligence Suite to be turn-key, yet flexible enough to accommodate the nuances of each property and casualty insurance organization, in addition to being extensible for future business needs.
“The need for business intelligence capabilities is largely unchallenged in the insurance marketplace,” says Shailesh Mehrotra, vice president of business intelligence. “The NexGen Business Intelligence Suite delivers on the promise of these capabilities by shortening the time and cost of implementation through our solution combined with our in-depth knowledge of the insurance processing complexities. Already serving a range of carriers, from large multinationals to smaller national players, our data model, ready-built ETL library, and comprehensive presentation layer can be fully operational in a three to six month timeframe – and even faster when integrated with My Insurance Center.”
“Today, more than ever before, insurance leaders need timely and accurate information to take advantage of opportunities and manage risk,” adds John Roblin, chairman and CEO. “Until now, the powerful capabilities of business intelligence technology have been elusive because of the complexities of property and casualty insurance and legacy systems. Cover-All developed our NexGen Business Intelligence Suite to not only be powerful but also capable of delivering results in very short time frames. Over the last four years we have combined the latest technologies with a data-centric design and our deep understanding of insurance. Now, we are essentially a new company with industry leading technology and a rich solution set that is legacy code free and leverages the latest in Web 2.0 technology.”