Project Management

Smarter Analytics and Executive Insight at Selective: Driving Growth, Empowering People

Date Added: Apr 2010
Format: HTML

The insurance industry is data rich but information poor. They realized early on that the potential of putting that data in a real-time environment would help drive long-term shareholder value. Selective uses IBM Cognos Business Anlaytics to harness aggregate critical information from across diverse transaction systems - particularly underwriting, claims, billing, agency production and safety management; Manage risk selection and find the right balance between risk and price; Gain deeper insight into share of wallet, customer mix, quality of business, exposures, new business acquisition and lines of business; Identify low performing areas and create action plans to improve performance.