Sapiens Americas Corporation, a subsidiary of Sapiens International, and IBM announced they will partner with Millbrook, Inc. to provide a new on-demand business intelligence solution. Sapiens INSIGHT for Business Intelligence is hosted by IBM and powered by IBM Cognos 8 Business Intelligence utilizing Millbrook P&C data model.
Small and medium sized property/casualty insurance carriers can now enjoy enterprise-class business intelligence solutions similar to those of larger carriers, using a delivery method and at a price-point that better suits their needs.
Sapiens INSIGHT for Business Intelligence combines Millbrook's data model, which is based on over 15 years of experience in providing P&C-specific business intelligence solutions, with an array of dashboards, key performance indicators, predictive analytics, alerts, visualizations, decision support, and a library of standard and ad-hoc reports.
"We are excited about the offering and our ability to make it available on-demand, at an affordable cost, to carriers of all sizes," says Roni Al-Dor, CEO and president of Sapiens International. "Small and medium sized insurance carriers face the same challenges as larger companies, but have limited IT resources to solve such challenges. They need to compete and Sapiens INSIGHT for Business Intelligence gives them that edge."
Providing a standard data import interface, Sapiens INSIGHT for Business Intelligence allows carriers to provide their data and be up and running in significantly shorter time frames than traditional applications.
"IBM recognizes the importance of Web delivered applications and is partnering with Sapiens and Millbrook to use our managed hosting services coupled with IBM Cognos BI to bring unparalleled business intelligence to property/casualty carriers of all sizes," says Dave Mitchell, ISV & Developer Relations for IBM.
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