According to Innovation Group, Insurer Analytics is a fully configurable, open architecture, insurance-specific analytics solution with train-of-thought analysis, advanced visualization, on-demand MI, automated monitoring, web dashboard, sophisticated data engineering, more than 200 out-of-the-box key performance indicators, and more than 100 reports specific to insurance.
Innovation Group hopes that Insurer Claims will enable automation of manual processes to improve accuracy, settlement and customer service, while Insurer Analytics provides business intelligence (BI), dashboard reporting, real-time analytics and management reporting to assist in managing the business.
The company claims Insurer Claims is a rules-based, end-to-end claims management solution that includes first notice of loss, damage, injury, subrogation, special investigation, litigation, fraud, supplier management, portals, analytics and wireless apps.