Case Study – BI Solution for Shlomo Insurance Company

//Case Study – BI Solution for Shlomo Insurance Company

Case Study – BI Solution for Shlomo Insurance Company


lučany nad nisou gay seznamka “InsFocus software is a friendly and dynamic BI tool. We managed to implement InsFocus on Shlomo Insurance Company in a very short period of time and with great success.”
Sebastian Visotsky, CRO & Economic Department Manager, Shlomo Insurance

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 The Challenge

Beryozovsky Shlomo Insurance company selected a legacy policy administration system from a specialist software firm. The policy system operates on IBM AS/400. Customization of the policy system to fit the company’s requirements was carried on even as the first policies were issued.

The company required a reliable BI system with all the relevant domain content to control its marketing, underwriting, and claims operations within a few months of beginning operations.

The Solution

The company opted for InsFocus, as the only BI solution available that is structured around a generalized insurance data model. Data mapping was achieved in a few short meetings.

The underlying integration project was initiated using InsFocus’ Data Integration Module. The initial policy domain phase was delivered to the company in just three months from project initiation, where definitions of measurements and dimensions were the system’s built-in definitions, and were modified as required. The claims domain phase followed, and also took three months to go live.

The system has been used from day one to provide the company’s management with all the information it requires to manage the company.

Current Status

InsFocus is Shlomo Insurance’s premier source of information. It is being used for viewing performance dashboards, creating operational reports, analyzing trends and claims history for making underwriting decisions, calculating reserves and regulatory reporting.

The system is in daily use by the company’s executives and professionals. It provides information via online viewing, scheduled emails, Excel connectors, and information delivery to agents using external secured email services and SMS messages. These activities are carried out on a regular basis as part of the company’s sales and marketing activity.