Insurance ? Health, Property & Casualty, Life

Related Solutions

Insurance: Healthcare, P&C, Life

• Fraud Detection

Manage claims and costs, control regulatory compliance and meet targets with a clearer view of the business

For insurance companies who need to improve operational insight and decision-making, Sybase IQ is a high performance analytics server that enables a view of enterprise performance across the organization. Sybase® IQ, the market?s leading column-based database for data warehousing and analytics, is designed specifically to support complex queries and the reporting of knowledge embedded deep within insurance organizations. Sybase IQ enables a consolidated environment for analysis and decision-making, giving insurance providers the leverage they need to track and manage business performance.

Sybase analytics solutions enable insurers to:

• Consolidate multi-departmental performance management data in a centralized analytical repository for ?single version of the truth?
• Reduce fast-growing consolidated data management costs by 40% to 60% using industry leading data compression
• Significantly increase organizational agility and alignment with accurate, on-time, visually rich and highly responsive dashboards and reports
• Reduce customer turnover through faster insight into massive amounts of profile, usage, and trend data.
• Detect fraud more accurately, increase the speed of investigation, and reduce the risk of financial loss with advanced analytics

Learn why Sybase IQ is the engine driving accelerated performance for health insurers worldwide.

• American Physicians Insurance (Healthcare) ? reduced report development time from 2-3 weeks to one day.
• AOK Hesson (Healthcare) ? accelerates data loads by 20% and compresses data by 70%
• Caser Seguros (Property & Casualty) ?faster, more efficient analysis of unstructured data for actuarial, marketing, commercial or any other departments.
• ICICI Prudential Life Insurance ? Lowered database TCO by 50%, reducing major customer-report query times by more than 50-60%, compressed required storage by 45%
• Kyobo Life Insurance ? Reduced data extraction time from 5 days to 1 day, improved data quality and unified data across all business units for single access.