The client is one of the oldest full-service life insurance companies operating in 22 countries across the United States, the Caribbean, and Latin America region. Provided by around 4,000 independent and career producers, the client offers a diverse range of products and services, including life, health, and general insurance, annuities, and pension. Rated as “A-” (Excellent) by A.M. Best Company, the client has been ranked as one of the top life insurance companies in the U.S.
Legacy databases with disparate data sources and manual processes were in use to capture and show sales performance, leading to delays, less transparency and reduced productivity.
Error-prone, disparate legacy databases with no centralized data repository
No automated system for extraction and consolidation of Sales performance data
Delays in weekly sales performance updates
Lack of visibility into real-time sales performance data
Damco, after careful assessment of the challenge in the front, brought upon InsuranceNXT, a powerful suite of insurance technology services, to develop and deploy a highly intuitive and visual sales performance dashboard using #FitForPurpose Tableau technology for more accurate, real-time and transparent insights into the performance of agents, agency, and different sales hierarchy.
Analyzing the data flow in client’s existing systems and building the right technology team
Development of a highly visual and intuitive Sales Performance Dashboard
A visual and intuitive dashboard captured and provided a real-time view of the sales performance data couple with automated analysis for quicker and informed decision-making.