OneShield, Inc., the developer of OneShield Dragon, a policy management solution, has announced the release of Dragon Intelligence (DI) analytic reporting.
Property/casualty carriers are realizing the power of understanding performance levels and trends in their key business units, including benefits such as greater insight into customer behavior, financial performance, and underwriting profitability.
Dragon Intelligence takes into account carriers' specific business models to analyze key-risk underwriting benchmarks as well as workflow job functions while interweaving external data sources to provide a comprehensive, multidisciplinary view of the complete insurance enterprise.
"DI offers every functional area such as agency management, channel marketing, underwriting, and operations, a complete decision support system that provides insight into both the top and the bottom line," says Steve Forte, industry principal for OneShield. "As a carrier's book of business changes, DI provides a hard, fast, real-time look at the book so you can set or adjust benchmarks based on the true appetite for risk."
Dragon's modular, service-oriented architecture enables DI to integrate with other reporting and analytic products such that content from both systems can coexist and interact with a bi-directional data flow.
"Given the economic malaise and soft market we are currently faced with, P&C insurers need real-time insight into their operations in order to react proactively to changing market and business conditions," says Forte. "Having a granular view of key performance indicators will differentiate the leaders and followers."
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