In a dynamic market environment, steering the business via KPIs and tracking them with underlying reporting systems (MIS) is critical for insurance companies to achieve desired results. However, the design and technical implementation of individual use cases are often challenging, considering diverse stakeholders and heterogeneous system landscapes. Business expertise, technology affinity and professional support from the initial idea to implementation are crucial for the project’s success.
To avoid data graveyards and getting stuck in theoretical discussions, we suggest a conceptually sound, staggered and, if necessary, a prototype-based approach that quickly creates added value.
Client benefits
- A clear focus on the most important strategic, tactical, and operational key figures/KPIs as well as reports (less is more)
- Transparency regarding the target achievement of the corporate/divisional strategy and the need for corrective actions
- Tailored operational reports and dashboards to increase efficiency and effectiveness for sales, underwriting, claims & benefits, and product controlling
finalix contribution
- Creation of a hands-on framework with strategic, tactical and operational KPIs/key figures
- Requirement engineering for KPIs/key figures, analysis dimensions and reports/MIS dashboards in the area of product controlling
- Analysis and an excel- and prototype-based implementation of a sales & underwriting dashboard in close collaboration with business users
