Company Overview
Snapshot
Founded in March 2003 by Uri Taiber and Daniel Taiber, InsFocus operates with 11–50 employees. The company specializes in business intelligence solutions for the insurance sector, notably securing a contract with Israel's Compulsory Vehicle Insurance Pool in November 2019 to provide its reporting and analytics system.
Business overview
InsFocus Systems develops an insurance-specific business intelligence (BI) suite that delivers advanced analytics across all facets of the insurance business. Its core offering, the Structured Insurance BI Methodology, focuses on deploying structured BI projects that ensure predictable, accurate results, customizability, and user-friendliness. The company serves the insurance industry globally, operating as a Microsoft Certified Partner through local partners, and is active in markets such as Israel, Europe, and North America.
Strategic signal
In November 2019, InsFocus was selected by Israel's Compulsory Vehicle Insurance Pool to implement its BI system for reporting and analytics. This partnership is significant as it demonstrates InsFocus's capability to handle complex data analysis for a large-scale insurance entity, reinforcing its position as a specialized BI provider within the insurance sector and signaling strong market validation for its tailored solutions.
Log in to access full profile ›Company Intelligence Q&A
- What was a key customer acquisition for InsFocus in 2019?
- In November 2019, InsFocus secured a contract with Israel's Compulsory Vehicle Insurance Pool to provide its business intelligence system for reporting and analytics, addressing the Pool's need for robust data analysis for nearly 250,000 vehicles annually.
- Which digital insurance company selected InsFocus's BI system in 2019?
- In March 2019, Libra, Israel's first all-digital insurance company, selected InsFocus BI as its business intelligence solution. InsFocus implemented its system to analyze core insurance data, digital sales, and customer behavior for Libra.
- Which Israeli insurance company chose InsFocus as its preferred BI solution in 2017?
- In May 2017, Shomera, an insurance company in Israel, selected InsFocus as its preferred business intelligence solution. This decision was based on a client satisfaction survey and the software's capabilities, further establishing InsFocus's presence in the Israeli insurance market.
- Which international underwriter adopted InsFocus's BI system in 2016?
- In December 2016, Kesh International Underwriters chose InsFocus Business Intelligence system as its primary reporting and analytics platform. The system was implemented to analyze the insurance portfolio, provide profitability indicators, and improve operational efficiency for the Lloyds coverholder.
- What is InsFocus's primary focus in the market?
- InsFocus specializes in providing an insurance-specific business intelligence (BI) suite. The company's solutions bring advanced analytics to various aspects of the insurance business, utilizing a Structured Insurance BI Methodology for predictable and accurate results.