AIX Group Taps Cover-All Technologies BI Solution

The AIX Group (Windsor, Conn.), a member of the Hanover Insurance Group, has deployed Cover-All Technologies' (Fairfield, N.J.) NexGen Business Intelligence Suite, which the vendor says provides a turnkey solution that brings data from various existing policy, claims and reinsurance source systems, and leverages pre-built logic to reconcile and populate a global data warehouse, global data mart and a multidimensional cube that delivers critical and timely business information via intuitive dashboards, reports and analytics tools to business leaders.

AIX’s choice to adopt Cover-All’s NexGen BI solution was largely based on the comprehensiveness and speed with which they could deploy and implement this intuitive product, according to the vendor. Two critical success factors include providing a singular view of business performance and delivering actionable information to all levels of the organization.

“The benefits of Business Intelligence technology have proven elusive until now for P&C organizations due mainly to the complexities of property & casualty data combined with multiple legacy systems,” comments Manish Shah, President and CTO, Cover-All. “The industry has been searching for a turnkey solution supported by the latest information management practices, in-depth insurance processing knowledge, powered by modern and flexible technology. Cover-All accepted the challenge. Leveraging our extensive experience in insurance solutions, combined with an innovative design utilizing the latest technologies, we have created what we believe is the most advanced, comprehensive and ultra-configurable business intelligence solution available. We are pleased that AIX, a valued business partner, will be among the first to implement and reap the rewards of our flexible and extensible product.”

“Most business intelligence initiatives start from a blank slate,” adds Shah. “Even with the most advanced BI tools in industry, overcoming the learning curve associated with insurance specific information often proves expensive, time consuming, and sometimes impossible. By leveraging our off-the-shelf configurable solution, designed specifically for the property & casualty industry, customers will be able to realize a competitive edge very quickly.”

Anthony O'Donnell has covered technology in the insurance industry since 2000, when he joined the editorial staff of Insurance & Technology. As an editor and reporter for I&T and the InformationWeek Financial Services of TechWeb he has written on all areas of information ... View Full Bio