With the opening of Oracle OpenWorld, the company announced plans for two new product releases from Oracle Insurance: Oracle Documaker Release 12, a solution for creating and managing documents; and Oracle Insurance Insight 7.0, an insurance-specific business intelligence solution.

Oracle Documaker Release 12 is expected to feature an automated document factory, which enhances “business intelligence for your communications” with report and dashboard capabilities, the company says. Oracle anticipates that the Oracle Documaker Document Factory should help insurers reduce costs and improve efficiency through improved scalability and better visibility into document production.

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