Maryland-based Indemnity Insurance Corporation (IIC) has chosen 4Sight Business Intelligence's Property & Casualty (P&C) insurance solution.
4Sight said that the Property & Casualty solution is a complete solution with close to 100 pre-configured reports, dashboards and hundreds of analytics.
According to the 4Sight, with ‘what-if’ capabilities and ease-of-use, whether in underwriting, claims, billing, management, reinsurance or other areas, users can find their answers. The standardized processes allow carriers to typically have users viewing reports in less than 45 days.
The platform will support multiple platforms (Windows, UNIX, Linux, S/Z, iSeries, others) and database of the users choice.
4Sight development director Robert Clark said Indemnity Insurance represents a segment of the insurance industry that has a niche area of business with the same reporting needs of much larger standard-line carriers.
"4Sight allows Indemnity to have this functionality at a price point that fits their budget while providing superior business intelligence capabilities," Clark said.