Qlik Sense for insurance

The BizXcel Business Intelligence team has been hard at work developing an insurance template that is powered by Qlik Sense. This template is to meet the needs of insurance companies who are seeking reporting and analytics that are not currently offered by their insurance systems. 

This new template provides solutions for both Governance and Operations. It provides benefits through:

• Monitoring the health of the organization with everything in one place for such things as 

Loss and Expense Ratios
Net Income, current and trends
Surplus trends and Surplus / Direct Written Premium Ratios
Written Premiums, Claims Incurred, Policy Counts and Retention Ratios

• Understanding your business and operations through analysis on 

Policies In Force (PIF)
Agent/Broker Performance
Impacts of Discounts and Charges
Claims Experience
Insured Items
Workflow and productivity

• Evidence-based decisions
• The ability to connect to and integrate multiple data sources without the need to develop expensive data warehouses
• Faster time to value through quick development and enhancement cycles
• Empowering the users with easy and intuitive user interfaces that allow for self-served analysis and user driven creation
• Enterprise level of data governance and security on a proven, open platform

This template allows your users to drill down into the specifics of your business, such as products and packages, to understand your business better, all while maintaining the security and governance of the data.