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Insurity’s data analytics solution, Insurance Enterprise View (IEV) is a comprehensive solution architected to improvise the information availability capabilities along with generating integrity across all applications and solve complex data management problems. “With our years of expertise in the insurance industry we understand how to extract insightful data,” adds Glazer. The firm’s IEV has been designed to integrate data from any policy, claims billings, and reinsurance system to provide insurance companies with unified intelligence and productive insights for accurate decision making. The solution manages to do this by assimilating five major IT components—data repositories, integration hub, Management and Operational Reporting, Business Intelligence and Analytics, and manual data entry. All components are built on a non-proprietary Association for Cooperative Operations Research and Development (ACORD) standards.
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Insurity’s data integration and analysis solutions are backed by rich insurance expertise
The firm recently improvised IEV through adding new enhancements to the solution in order to generate new capabilities required in the area of P&C policy data migration during policy administration system (PAS) modernization initiatives. The enhancements also allow the solution to have integration with the data tools and third party analytics allowing the insurers to leverage on existing investments into those solutions. “We have delivered IEV as open source offering enabling it to interface with any system, whether the clients are utilizing Insurity’s core solutions, other vendor solutions, or proprietary in-house developed applications,” Glazer adds.
Apart from IEV, the firm also provides services in software updates and upgrades, implementation, hosting and managed services, and bureau content and management reporting.
Forging forward, as the insurance industry is adopting innovative ways of operations with new technologies, Insurity plans to keep abreast with the latest insurance trends and develop and strengthen their services to ensure the clients’ satisfaction is met with utmost diligence. Also, Insurity is now looking forward to extend its market foothold worldwide.