Business Intelligence

Cover-All BI is a powerful and flexible out-of-the box P&C insurance business intelligence solution

"We can greatly accelerate the most complex aspects of our current BI program and begin reaping business value as early as this year by leveraging Cover-All’s solutions" Tai Ym, XL VP-IT Strategy - Enterprise Management Information  
Cover-All BI is available as a full “out-of-the-box” business intelligence solution OR a portion of Cover-All BI can be licensed as an “acceleration kit”.  This can provide lift to your company’s BI initiative and allow you to leverage your current technology investments.
Whether you are just beginning your business intelligence journey or if you are already down the path, Cover-All’s Business Intelligence Practice may be able to advance the maturity of the BI offerings provided to your enterprise with one of the following offerings:

Cover-All BI

Cover-All’s end-to-end, out-of-the-box business intelligence solution, Cover-All BI, reveals actionable insights for business users and executives through pre-built measures, dimensions, and KPIs, with flexibility for configuration, drill down, drill through, and drill anywhere capabilities.  Cover-All BI  incorporates powerful functionality and a simple self-service oriented user interface to create, share, export, and drill down on information enabling transformational opportunities through informed, timely insights.  Cover-All BI can be accessed via a browser on a desktop, or on/off line via mobile devices such as a native iPad app. Available in a production ready BI suite, or a componentized BI technology solution, the Cover-All BI team works with you to find the perfect fit for your business intelligence needs.

Cover-All BI differentiates itself by being the only P&C insurance specific business intelligence solution that delivers all the BI functionality your organization will need via a single-integrated platform.  Whether deployed in-house or as a hosted service, Cover-All BI can be deployed to users in hours.

BI acceleration kit

We understand that not all companies will want an end to end BI solution.  However, your company may want to take advantage of a portion of our P&C insurance focused technical assets to accelerate your existing initiative.  For example your company may be interested in the Cover-All BI data warehouse and data marts, but not interested in leveraging our user interface.  Or your company may have interest in leveraging our time-tested and scalable data model but want to use a different technology stack altogether.  In either of these cases, a portion of Cover-All BI can be licensed to provide lift to your company’s BI initiative.

BI professional services

For companies that are determined to build their own in house BI solution because they have a significant investment already or simply have a culture of building things internally, Cover-All can make available our experienced BI engineers on an hourly basis.  Examples of engagements include:

  • Strategy Formulation
  • Maturity Assessment
  • Strategy Execution and Implementation

Features


  • 160+ P&C insurance measures out-of-the-box, including: Expense Ratio, Loss Ratio, Renewal Retention, Hit Ratio, Open Claims, Litigation Count, Incurred Loss, Loss Triangles, and more
  • 100+ P&C dimensions out-of-the-box, enabling analysis of the measures by: LOB, State, Program, Date, and more
  • Pre-defined interactive dashboards, KPIs, charts & reports
  • Drill down, drill through, and drill anywhere analysis
  • Drag and drop configuration of dashboards, KPIs, and reports
  • Ability to annotate graphs and charts, explain insights, share, and collaborate on-line
  • Flexible, intuitive, conditional formatting with interactive filtering
  • Proactive scheduled e-mail alerts and exception reporting
  • Automated report distribution
  • Complete capture of data history and changes
  • Support for Predictive Analytics, Data Governance, Master Data Management, Data Quality and Multi-Currency
  • Location intelligence
  • Support for advanced geographic analysis – spatial analytics, forecasting, and the ability to evaluate exposures and market concentration – all “out-of-the-box”
  • Extensive period basis calculations including MTD, QTD, YTD, with prior period and prior years comparisons
  • Native iPad App
  • Proven handling large data volume
  • ETL utilities to expedite data integration

Benefits


  • Empower management to take action based on information not intuition
  • Mitigate, halt, or reverse undesirable trends
  • Facilitates quick response to trends and market changes
  • Facilitate collaborative decision making, on-line, and in real-time
  • Provides “one source of truth” for all financial and enterprise wide reporting
  • Promotes end user self-service for creation of ad-hoc reports, dashboards, and analysis
  • Enables the discovery of unique business insights
  • Enables  business performance monitoring through interactive dashboards
  • Facilitates legacy transition by creating a central data hub for integration
  • Architected for fast implementation
  • Access your BI information via the web or from your mobile device
  • Enables your own IT team to add data elements and KPI’s
  • Fast implementation with fully built functionality
  • Experienced support with complete strategy, assessment, and solution services

Resources


 
Article

Insurance Innovation Reporter: 3 Crucial Steps Toward Becoming a Data-Driven Organization 

In order to avoid the pitfalls that ultimately waste time and resources, it is important to understand what causes insurers implementing business intelligence (BI) technology to struggle on their way to achieving digitally driven decision making.

 
Video

Cover-All Business Intelligence Video

See a quick video of Cover-All BI’s key features and benefits.

 
Brochure

Company Overview Brochure

Cover-All provides property and casualty insurance professionals a robust state-of-the-art, browser-based, and 100% Java family of Policy, Business Intelligence, and Claims solutions designed to deliver products to market faster, enhance quality, ensure compliance, and reduce costs.

 
Customer Story

AIX Case Study

A customer story featuring AIX’s implementation of Cover-All BI

 
Brochure

BI Brochure

A powerful and flexible solution, Cover-All Business Intelligence reveals insights for business, power and executive P&C users through pre-built measures, dimensions and KPIs with flexibility for configuration and drill down and through capabilities. Cover-All Business Intelligence incorporates powerful functionality and an easy to use, flexible user interface to create, share, export and drill down on information enabling transformational opportunities through informed, timely insights and insurance-specific KPIs.

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