InsFocus News
4 articles
growth-positive
Israel's Compulsory Vehicle Insurance Pool selects InsFocus BI as its reporting and analytics system
The Pool, a corporation that manages Israels compulsory vehicle insurance pool, has contracted with InsFocus for business intelligence solutions. The Pool insures close to 250,000 vehicles a year and faces unique challenges that require robust data analysis. InsFocus, a specialized BI software system for insurance companies, will provide the Pool with the necessary tools to analyze data and improve organizational efficiencies. The partnership aims to support the Pools management, actuarial analysis, and claims and underwriting departments. InsFocus is owned by the Taiber family, one of the oldest families in the insurance industry in Israel.
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Libra Insurance Selects InsFocus BI System
Libra, Israels first all-digital insurance company, has selected InsFocus BI as its business intelligence solution. InsFocus will implement its BI system on core insurance data, digital sales, and customer behavior. Libra is a novelty in the Israeli insurance market with its digital platform, personalized pricing, and profit sharing with customers. The cooperation with InsFocus will allow Libra to analyze its vast data model and continue expanding. The founders of Libra have expressed confidence in InsFocus and expect a long-term cooperation.
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Shomera Insurance Company, Israel, Selects InsFocus as their BI solution
Shomera, an insurance company in Israel, has selected InsFocus as its preferred business intelligence (BI) solution. InsFocus has established itself as the preferred BI solution for insurance in the Israeli market, with six out of twelve active insurance companies in Israel choosing InsFocus. InsFocus is also installed in four companies abroad, an Israeli Lloyds cover-holder, and insurance agencies. Shomera selected InsFocus based on a satisfaction survey of their clients and the softwares capabilities and execution ability. InsFocus offers advanced BI services to insurance companies based on its Insurance Data Model and BI platform. The company aims to maintain a technological edge and become the preferred BI solution in the insurance community worldwide.
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Kesh International Underwriters Selects InsFocus BI as its Reporting & Analytics Platform
Kesh International Underwriters has chosen InsFocus Business Intelligence system as its key reporting & analytics platform. The system will be used to analyze the insurance portfolio, provide profitability indicators, increase sales, comply with regulatory requirements, and improve operational efficiency. It will also be used for underwriter reporting and producing reports to Lloyds. The CEO of Kesh International Underwriters expressed admiration for InsFocus fit for insurance and believes the tool will help take Kesh to the next level and establish its market position. InsFocus executed a quick implementation project, allowing the client to go live in a short time-span. Kesh International Underwriters is a Lloyds coverholder specializing in trucks, buses, heavy equipment, and goods in transit.
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