Compass Insurance, which is owned by Hannover Re, has chosen iPartners, a provider of SaaS solutions to the P&C insurance industry, for implementation of a solution designed to manage and leverage the data and business intelligence hidden within different back-office systems for policy and claims.
iPartners says it was able to combine multiple data sources and provide a flexible reporting tool with built-in P&C business content.
According to iPartners, Compass chose its product due, in part, to its Proof of Concept and quick deployment offered via the company’s Software as a Service (SaaS). The suite is built around an insurance-specific data model and offers a complete analytics solution. This solution includes a data warehouse, performance management dashboards and scorecards, ad-hoc detailed analysis, production reporting, and drill to detail.
Compass is the first international client for iPartners and is comprised of several separate affiliated entities across South Africa.
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