Insurance Business Intelligence

Insurance Business Intelligence

 Necto 16 is the most secure, centralized and state of the art business intelligence. It uncovers the hidden insights in your data and presents them in beautiful dashboards powered with KPI alerts and centrally managed. Necto is leading the insurance BI software industry by allowing unique recommendation, personalization, and insight finding technologies that enable users to discover what they need to know and use collaboration capabilities to quickly address the issues found.

Insurance companies are implementing BI solutions to gain insights from data, track KPIs and mitigate risk. BI solutions like Necto can help insurance organizations analyze complex data sets and turn them into actionable insights that help improve service, point to new opportunities, and reduce costs. With an accurate analysis and automated insights, insurance enterprises cam get a complete picture to mitigate risk. 

The correct implementation of a BI project is a big challenge. Insurance organizations generate, collect, and store huge volumes of data. A lot of this data has a sensitive nature, for example financial information, patient records, customer health and financial history, etc. That is why insurance companies need a centralized business intelligence solution, like Necto.

With Necto, information is updated for everyone in one same web solution, with IT overseeing who has permission to access and who does not. In a centralized environment, users can share insights and resources between departments, while IT governs over the data to make sure it is protected. Different users can benefit from the data, but IT will decide who gets to see what and what is public and what is confidential. Using this model ensures data privacy and one version of the truth.

Centralized business intelligence software for insurance providers allows them to quickly pinpoint trends and challenges from within huge volumes of data from diverse sources. Users can get automated insights, drill down to find the cause of an issue and who is involved. They can start discussions with the relevant people and track it with automatic notifications. Necto enables users to do an accurate analysis that helps them discover new opportunities, improve service, reduce costs, and mitigate risk. Insight driven decisions derive in better margins and accurate resource allocation.

Would you like more info?

Download a brochure on Necto for Insurance.




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