iDecisions for Insurance

How Intelligent Is Your Business?

Information, in today’s technology-infused business environment, is everywhere, for all to see, touch, and feel. The challenge for many, however, lies in distilling it into a useful, actionable state. Knowledge, as Bacon discovered over five centuries ago, is Power.

However, there has been a chasm between theory and implementation with more than 80% of data warehousing projects failing to fulfill this promise of delivering knowledge. Is it possible to have an automated, all-in-one solution that can quickly, intuitively, and intelligently transform an organization’s dispersed information into intelligence? The future of business intelligence now lies in comprehensive, integrated analytical applications, which can accelerate time to market and reduce risk of failed-implementation.

iDecisions from Knowledge Dynamics provides a unique, powerful resolution to an all too common industry conundrum. It incorporates industry best practices into an analytical application suite that turns decision making from an art to a science. iDecisions for Banking is designed around the key subject areas described below.

Focus Business Opportunities Unlock Your Knowledge Potential

The insurance business landscape is rapidly changing amidst growing consolidation and the convergence of financial services. Emerging channels are rewriting the rules of customer interaction, and most companies are placing renewed emphasis on CRM.
The insurance industry, with its large customer base and sales agent force, has always been almost entirely dependent on information to drive decisions. The average service provider handles thousands to millions of customers. The data management alone can be a significant stumbling block. At the same time, companies are also expected to provide personalized marketing and sales service.

A well-designed and implemented data warehouse, coupled with intuitive, sophisticated analytics, can facilitate decision making, substantially lower costs, reduce attrition, and consequently, increase profitability.

What if you could

	Improve acquisition rates while reducing marketing investment?
	Reduce risk and detect fraud efficiently?
	Convert every customer contact into-a-revenue-generating opportunity?
	Exponentially improve ROI?

iDecisions for Banking is specifically tailored to address these key business drivers.

Achieve Business Growth

Why iDecisions?

iDecisions delivers a pre-built, industry-specific application designed on the foundation of the best-of-breed processes in data warehousing. iDecisions is customized to specific industry needs with predefined templates and analytical applications focused on key subject areas. It hands you the luxury of a customized solution for your industry without the financial burden of having to build it from scratch.

iDecisions incorporates the multitude of experience garnered by Knowledge Dynamics consultants in working with some of the most elite business organizations in the Asia-Pacific region.

In our experience, iDecisions can cut implementation time from years to months and lower implementation and maintenance costs and time to market by 50%.