OneShield (Westborough, Mass.), vendor of the OneShield Dragon rules-based policy administration system, launched Dragon Intelligence (DI) analytic reporting this week at the ACORD LOMA Insurance Systems Forum in Las Vegas. According to a vendor news release, DI takes into account a carrier's specific business models to analyze specific key risk underwriting benchmarks, as well as workflow job functions, while interweaving external data sources to provide a comprehensive, multi-disciplinary view of the complete insurance enterprise.
"DI offers every functional area such as agency management, channel marketing, underwriting and operations, a complete decision-support that provides insight into both the top and bottom line," comments Steve Forte, industry principal, OneShield. "As a carrier's book of business changes, DI provides a hard, fast, real-time look at the book so you can set or adjust benchmarks based on the true appetite for risk."
OneShield Dragon's modular, service-oriented architecture enables DI to integrate with other reporting and analytic products such that content from both systems can coexist with a bi-directional data flow.
"Given the economic malaise and soft market we are currently faced with, P&C insurers need real-time insight into their operations in order to proactively react to changing market and business conditions," Forte adds. "Having a granular view of key performance indicators will differentiate the leaders and followers."
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