Enterprise Software

Insurance Performance Management: Four Ways to Win With IBM Cognos Software

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Executive Summary

The insurance industry will be reshaped and won by those innovators who can develop more flexible products, deliver new breakthrough services and create new business models and operational efficiencies. Advances in business intelligence, analytics, enterprise financial planning and risk management - all aspects of performance management - are key to staying ahead. These capabilities enable insurers to address changing customer demographics, reduce underwriting risk and fundamentally alter traditional industry boundaries, while meeting the rigors of a more regulated insurance environment. This paper outlines the role of performance management technology in providing competitive advantage for insurers.

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