Lloyd's Insurer Amlin: Using Microstrategy Assuredly The Right Strategy
02/06/2004
MicroStrategy, the provider of business intelligence software, says Amlin plc has chosen the MicroStrategy Business Intelligence Platform as its enterprise-wide business intelligence standard.
Amlin is a leading insurer operating in the Lloyd’s market, MicroStrategy points out.
Amlin is utilizing the MicroStrategy platform to analyze and report on policies, claims, exposure and reinsurance data, and to provide end-users with the ability to understand and report on forecasts across all of their divisions, MicroStrategy notes. It adds that Amlin’s deployment was targeted at four groups of users, including executives, power users, managers and data analysts, running reports and analysis against a Microsoft SQL Server data warehouse.
“With MicroStrategy, executives can view high-level customized summary data with drill- down capabilities where needed, and are able to gather summary-level data for managerial purposes,” the vendor says. “Power users can create and design custom reports and data analysts will use the data to identify and communicate trends in the market.”
“We wanted a reporting solution that would perform well, be easy to use and scale throughout the organization to meet all of our reporting needs and enable us to make accurate decisions,” said David Harris, Operations Director, Amlin plc. “We were looking for the best solution to help us manage our regulatory information requirements whilst, at the same time giving us competitive advantage in our market. MicroStrategy is helping us to achieve our goals through a single integrated platform and a Web interface and by providing a way of managing standard reporting across the company so that we have consistent and well defined information sources that we can rely upon.”
“We’re proud to be working with a company such as Amlin plc, which is widely recognized for its financial strength and durability while providing clients with up-to-date best practices supported by leading -edge technology,” said MicroStrategy’s COO Sanju Bansal. “Three of the top five global insurance companies are MicroStrategy customers and are utilizing applications like customer analysis, financial analysis and compliance, fraud profiling and risk analysis.”