Compass Insurance Company Limited, a South Africa-based subsidiary of Hannover Re Africa, has selected iPartners for business intelligence and data warehousing.
iPartners' platform aims to help P&C insurers use data, offering management dashboards and scorecards, ad-hoc detailed analysis, production reporting and drill to detail, according to a press release.
Compass Insurance has several separate entities, which would benefit from a solution that can manage data from the back office for policy and claims, company executives say.
"iParthers is able to provide us with the ability to best manage our data risk, and ultimately our business risk," says Managing Director of Hannover Re Africa, Randolph Moses. "The accuracy and completeness of our data are key to managing our business."
Paul Carragher, managing director of Compass Insurance, adds: "The Proof of Concept really convinced us that iPartners not only offered a quality solution with PC specific content we were looking for, but the team brings a highly valuable combination of expertise from P&C to data warehousing to business intelligence," adds Carragher.
Zarna Patel is a staff writer for InformationWeek's Financial Services brands, which include Bank Systems & Technology, Insurance & Technology and Wall Street & Technology. She received her B.A. in English and journalism from Rutgers University College of Arts and Sciences in ... View Full Bio