Insurance Industry
Sales & distribution Analytics for Insurance Industry is our newest offering indigenously designed
by bringing together the synergy of best in class technology with in-depth domain knowledge &
functional expertise.
Faced with uncertain global economy, Insurance Companies are challenged with pressures of
containing costs, enhancing Top-line Growth & improving bottom-line productivity with greater
operational efficiency. In this competitive business environment most companies are adopting
advanced Technology to achieve their Top-Line Growth & improve Bottom-Line Productivity.
The existing Reports & Analysis used by many Insurance Companies in India are based on MS
Excel which is generated by MIS manager every day & sent by email. Such static reports are IT
driven & not the User driven and has many limitations. Although, few Insurance Companies
have deployed advanced Analytical software in their organization for Underwriting, Operations,
Claim & Customer Relationship Management (CRM) however, there is no specialized Analytical
Software available for Sales & distribution channel which is the most critical department for any
organization. The Sales & distribution Analytics is the need of the hour for any Insurance
company.
GrayMatter Software Services Pvt Ltd is a "Business Intelligence Solutions company" based out of
Bangalore, India focused on delivering 'measurable value' to Customers by 'Empowering
Business Intuition' with the speed & agility in decision-making. Our team have developed a
Unique product for Insurance Industry which is a plug and play solution without any impact on
the existing Software systems. This solutions enables the Senior management to access their
critical Business analytics and management reports from their iPhone, iPad, tablets & blackberry
mobile while on move from anywhere in the world. The line Manager can easily slice & dice all
important reports & analysis to 3-5 level down with click- of-a-button. Infact, this Analytical
Product will Empower the Line Manager to control their business more effectively.
Having an integrated data management strategy coupled with our deep domain expertise in
Insurance Industry can help you succeed in aligning your actions with the short term & long term
business strategy. We can develop & automate various types of Management reports & Analysis
for Sales & Distribution Channel from your existing data base.
GrayMatter's Insurance Analytics BI suite is set to change all that static reports and deliver
measurable value to the Insurance Industry. To give a flavour of the Insurance solution, it
encompasses the following analysis besides some niche and smart Management reports which
will enhance the decision making capabilities of the Senior Managers of your organization.
How this 'Business Intelligence Solution' gives you complete control :
Single screen View – Integration of all departments & vertical with single sign-on will assist the
senior management to view all important & Critical Business reports & analytics at one go. In
short, you can view the Performance of Sales & distribution channel (Agency, Banca, Alternate),
Marketing , Product, Training & Operation in real-time scenario on your iPhone, iPad, tablets &
blackberry mobile while on move from anywhere in the world.
Key Features of Insurance Analytics :
• New Business Premium Analysis
• New Business Policy Analysis
• Agent Recruitment Analysis
• Agent Productivity Analysis
• Manager Productivity Analysis
• Branch Productivity Analysis
• Manager's Goal sheet & promotion Analysis
• Customer Retention Analysis
• Product Mix Analysis
• Sales : Expense Ratio Analysis
• Training & Development Analysis
• Strategic initiatives Analysis
• Planning & Forecasting Analysis
• Ad-Hoc Analysis
• Management reports