Michigan-based insurance Farm Bureau Insurance has selected iPartners’ Insurance Scorecard to offer single-view of insurer's property/casualty policy and claims data together with business intelligence and advanced analytics for enhanced decision making.
The solution will be offered through a Software as a Service (SaaS) model, enabling a faster implementation incorporated with an attractive pricing model.
Farm Bureau Insurance Claims vice president Don Simon said iPartners had offered a proven and cost effective approach to the company’s data and business intelligence needs with Insurance Scorecard.
iPartners founder and CEO Robert Lasher said that the company has a good amount of experience in working with farm bureaus and feels that its knowledge in the segment of the property/casualty market is another benefit it offers Farm Bureau Insurance of Michigan.
"With each new client our arsenal of analytics and experiences grows, which translates to more knowledge and best practices to share with all of our clients and to leverage as we continue to enhance our Insurance Scorecard solution."
The solutions are also anticipated to reduce the insurer’s internal IT staff burden, facilitating internal resources and IT staff to focus efforts on other higher value initiatives.