The client is one of the fastest-growing independent insurers based out of Trinidad and Tobago. They specialize in auto, home, commercial, and small and medium enterprise insurance businesses in the Caribbean region. Overall, they are known for their wide range of products and services that include specialty services for liability and bonds, and offshore liability.
Lack of a powerful and accurate business intelligence software
Loss in productivity due to inefficient processes
Absence of data-driven decision-making leading to additional costs
Lack of knowledgeable technology resources and revenue to hire
Damco’s InsuranceNXT, a suite of technology services powered by “Build-Your-Team” (BYT) model, helped the client build a full-fledged business intelligence software cost-effectively. More than 500 client users leveraged this new BI tool to generate value-adding reports across performance management, customer analysis, product management, risk management, and sales analysis.
Building the dream technology team to develop a cost-effective and functional BI tool
Damco’s BYT model helped the client to put together the best technology team needed to deliver the project with high quality and less cost. The client could do so without going through the hassle of hiring or training the resources themselves. Damco assembled the best team, comprising designers, developers, SMEs, and QA in a very short span.
Using MicroStrategy SDK to build a powerful business intelligence system
Damco’s resources worked with the client to understand their pain points and requirements, and charted a roadmap to build a powerful BI system. The team helped in designing, customizing, and implementing business-critical BI software on MicroStrategy SDK technology. Damco seamlessly integrated the BI tool – MicroStrategy Business Intelligence PlatformTM – into their existing insurance management platform and enabled the client to deliver superior reporting to their stakeholders.
Highly powerful business intelligence software that drives data-driven decision-making and increases productivity.