Oracle released Oracle Insurance Insight 7.0, an insurance-specific data warehouse and business intelligence solution created to offer faster, easier access to the information needed to make critical business decisions. Insight 7.0 introduces the concept of “adaptive data modeling,” which enables business users to configure lines of business via an easy-to-use warehouse palette tool, and then automatically creates data warehouse elements, speeding up time-to-value for BI initiatives, according to Oracle.

Oracle says Insight 7.0 provides insurance-specific, out-of-the-box data models that companies can configure to meet their specific BI needs; aggregates policy and claims data to give P&C or general insurers a single view of the enterprise, and includes prebuilt content and interfaces for six P&C lines. Additionally, insurers can use the warehouse palette to deploy P&C lines of business from scratch, helping insurers support operations in any country, as the newest version provides support for multiple languages and currencies, says Oracle.

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