Without access to accurate and timely data, insurers often make decisions based on gut instinct - creating compliance issues and missed opportunities. Insurance companies are amassing a large volume of data from operations, claims and underwriting, demographics and more. This wealth of data is a strong asset to an organization and BizXcel™ helps insurance companies harness the potential of their data.
BizXcel™ has over 20 years of insurance knowledge and expertise that has been recognized globally. P&C insurance is our specialty and our team has developed products and services specifically around the needs and challenges of these companies. Through our strong relationships and partnerships in the insurance industry, we’ve built products based on real use cases and real feedback to provide a true custom solution for P&C companies.
Insurance Products
BizXcel's Insurance Analytics Accelerator Powered by Qlik Sense®
Our team developed an Insurance Accelerator that is being utilized by P&C companies in North America. This Accelerator meet the needs of insurance companies who are seeking reporting and analytics that are not currently offered by their existing insurance systems.
BizXcel’s Insurance Financial Accelerator Powered by Qlik Sense® and Vizlib
Our team developed an accelerator that provides basic financial reporting through applications that allow for multiple financial presentations of an organization’s financials with a simple click. This includes IFRS statements, management presentations and bank/investor statements.
Insurance Data Warehouse Accelerator
BizXcel™’s data warehouse allows you to access and archive your existing data and transform it into usable data structures to then be queried directly or load into your Qlik Sense® application. Our team has over 20 years of insurance knowledge and expertise which allows us to support your organization in the retrieval of the data to ensure it moves accurately and no data is left behind.
Customer Insights
CUSTOMER SUCCESS
Qlik Sense® Applied to Canadian Insurance Industry
When BizXcel Inc. met with Ontario Mutual Insurance Association (OMIA), the major challenges they were facing was replacing an outdated system of traditional BI cubes which was costly and time consuming, the current system couldn't keep up with the speed by which changes occur in the industry and it was difficult for users to navigate.
Resources
Managing Performance through Finance
Finance is at the core of every organization but by spending nearly 80% of their time manually inputting information into an excel spreadsheet, there is only 20% left to analyze the data and use it to their advantage.
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Filling in the gaps for Mutual insurance companies
This accelerator was created as an accelerator to meet the needs of insurance companies who are seeking reporting and analytics that are not currently offered by their existing insurance systems.
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Accelerating Business Value Through Financial Analysis
These accelerators were created by the BizXcel team to empower financial analysis and give organizations a competitive advantage while making the process simpler and more accessible.
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