Big Data

NJSIC Oranta: Insurance Firm Gains Better Insight Into Its Business, Improves Efficiency With BI Solution

Date Added: Mar 2012
Format: HTML

The Oranta National Joint Stock Insurance Company (NJSIC Oranta), founded in 1921 as Ukrderzhstrakh, offers about 20 types of insurance, including auto, property, and personal. Oranta is the tenth-largest insurance company in Ukraine. Ukraine's NJSIC Oranta wanted to improve its data analysis capabilities and reduce its reliance on time-consuming, error-prone manual reporting processes. To solve those challenges, Oranta deployed a new Microsoft data warehouse and Business Intelligence (BI) solution that gives employees self-service reporting functionality. Now, Oranta has a more comprehensive view of its business and has automated key reporting and data-cleansing processes. Additionally, employees are 40 percent more efficient and can deliver reports to customers faster.