Skip to main content

Biz I- Insurance specific data warehouse solution

Tab navigation

IBEXI Solutions caters to the information management needs of insurance companies through an integrated solution Biz-I. Biz-I provides a futuristic, scalable data model to caters to operational, tactical and management reporting and analysis needs for departmental and cross-functional use. It has multiple accelerators that crash time to solution and maximize value through focused information gathering templates, data quality programs, pre-built transformation routines and a robust implementation methodology. Insurers in both life and non-life operate in a highly competitive and regulator controlled business environment. The demands with regard to service quality and agility require solutions that are comprehensive yet flexibly designed. The Biz-I design offers just this, by embedding best in class industry practices from leading insurance business operating models. Concomitantly, it allows for local variations to be configured during design cycles. This results in quicker time to initial deployment as well as rapid adaptability to future changes in the business landscape. Biz-I is positioned to help insurers both maximize premium incomes and minimize insurance costs by making timely information available to the appropriate persons. The solution aids strategic decision making through use of a methodology that focuses on key performance indicators (KPIs) through the implementation cycle. It has extensions for external competitor data for benchmarking and goal setting.

Business information

Show all   |   Hide all


  • + Functional details

    Goals:

    - To deliver insurance focused data warehousing Solution

    - To empower business users by reducing dependency on IT

    - To improve productivity of IT in creating the end-user artifacts Deliverable 's

    - Decision support at enterprise and department level(ad-hoc reports, standard reports dashboards etc).

    - Company performance on the basis of key ratios and concepts like Persistent ratio, Claims ratio, underwriting earning, conversion ratio(NB) etc

    - Single, consistent and time dependent source of information at each level of organizational hierarchy

  • + Competitive advantage

    Ibexi has combined insurance industry and BI design experience to create pre-built data warehouse to accelerate data warehouse implementations. The comprehensive data models contain data warehouse design models at multiple levels including transaction, history, and summarized models at multiple levels simple summary and then data marts. They incorporate the best of design approaches: relational and star schema appropriately. The extraction, transformation and loading from common parent systems is pre built, ensuring that the high-risk and high-effort data mapping and transformation work is minimized. In addition, report templates, KPIs and dashboard templates are available and pre built on Cognos. The result is with a combination of comprehensive data model design and an excellent tool like Cognos which accelerates a project making it faster, safer, and more cost-effective.

  • + Industries

    Insurance Industry
       Insurance Carriers - Life & Asset Management (L&AM)
       Insurance Carriers - Property & Casualty (P&C)
       Insurance Intermediaries
       Other Insurance, N.E.C.

  • + Solution areas

    Insurance
       Administration Systems and Services
          Claims Administration
          Policy Administration
       Agent Management
       Core Insurance
       Insurance distribution and services
       Other

  • + Customer size

    Small Business (50 to 99 employees)
    Midmarket Business (100 to 499 employees)
    Midmarket Business (500 to 1000 employees)

  • + Languages supported

    English

  • + Countries/regions available for distribution

    India

Technical information

Show all   |   Hide all


  • + Hardware/OS platforms

    Windows 2000 Server (inclusive)
       IBM Systems: System x

  • + Storage devices

    Data Retention Storage Systems
       IBM System Storage DR450


Date last modified:    Jan 10, 2013


Contact information

Shivani Sharma
+91 22 42045763

Company

Ibexi Solutions Private Limited
74, Russell House, 2nd Floor, 2nd Hasnabad Lane
Santacruz (W)
Mumbai, Maharashtra 400054
India

+91 22 42045763

Contact PartnerWorld

Live Chat is currently unavailable


The live chat service is normally available weekdays 8am-8pm Eastern Time. Use the 'Contact us' link or one of the other links for help now.