|
United Automobile Insurance Company Turns Non-Standard Auto Data Into Competitive Advantage With Information Builders
NEW YORK, NY, Apr 11, 2012 (MARKETWIRE via COMTEX) --
Information Builders, a leader in business intelligence (BI),
information integrity, and integration solutions, today announced
that United Automobile Insurance Company (UAIC), a national provider
of non-standard automobile insurance, is using the company's
holistic, end-to-end P&C insurance application to combine data from
both its legacy and new systems, enabling better decision-making
across the organization. UAIC is leveraging Information Builders'
Insurance Performance Foundation (IPF) to develop a consolidated view
of enterprise activity and profitability across all levels of its
business and arm its employees with actionable information in real
time.
Information Builders' IPF is a comprehensive application leveraging
37 years of organic expertise in insurance data integration and
business intelligence, specifically targeted to P&C insurers. The
unique offering allows UAIC to receive a quick, high-value P&C
insurance focused solution, as well as prompt configuration to fully
fit the company's specific line of business and processes. The IPF
solution gives employees at all levels of the business, including
senior executives, mid-level management, underwriters, claims
managers, pricing staff, analysts, front-line operational staff, and
even its external independent agencies and agents, access to a
customizable BI reporting and analytics solution so that they can
easily answer their own business questions in a matter of seconds or
minutes, not days or weeks. Through its partnership with Information
Builders, UAIC is ensuring that all business users have access to the
most up to date information they need in order to do their jobs
effectively, from the highest level of summarized information all the
way to the smallest level of granular details. These users can easily
drill down into or across all of this critical information from a
seamless, self-service front-end dashboard.
UAIC had identified that manual reporting processes and IT systems
needed an upgrade in order to increase the employees' ability to make
prompt, fully informed decisions. Additionally, the company lacked a
way to integrate data from its core systems in a single comprehensive
view across the enterprise so information related to claims, billing
and policy administration had to be accessed and reported on
separately (as "silos of data"). This challenge was further
compounded by the influx of additional data from UAIC's new core
systems being implemented. The company recognized the opportunity
within Information Builders' IPF solution for business ready
information to not only address these challenges, but also to improve
the speed-to-market and precision of rate actions, reduce losses,
better segment its books of business, change the entire nature of
agent interactions and increase loyalty in their channels. As a
result of this investment in Information Builders' IPF Application,
UAIC is targeting a bottom line impact as large as or larger than
those from the new core systems.
"The true value of information can only be derived when organizations
seamlessly integrate new core systems data with important legacy
information, and then bring a whole new layer of visibility to that
information through easy-to-use self-service business reporting and
analytical interfaces," said Gerald Cohen, president and CEO of
Information Builders. "UAIC is doing exactly that with this
investment. Information Builders commends them on this critical step
which will differentiate the company from other insurers whose view
of transformational initiatives end up being more purely
transactional in nature."
"UAIC has extremely unique customers and offerings and, as such, it
was imperative that we find a solution that was fully configurable to
meet our specific business needs yet could be implemented in a matter
of months not years, which is exactly what Information Builders' IPF
Application does," said Dean Kozlowski, Vice President of Product
Development for UAIC. "We've recently completed implementing both
Guidewire Claim Center and Guidewire Billing Center in our new
evolving technology environment. These new core systems combined with
the enhanced ease of data access and business insights provided
through our partnership with Information Builders and their valuable
software solutions, makes UAIC well positioned to deliver enhanced
value to both our internal employees and external customers as a
result."
About UAIC
United Automobile Insurance Company (UAIC) provides a
high quality and low cost insurance product to the Non-Standard
Automobile Insurance Market. The company is family owned and is one
of the largest privately held property and casualty insurance
companies in the United States. In 1998, UAIC had operations in two
states, Illinois and Florida. Now almost 15 years later, UAIC is
providing auto insurance in 13 states and continues to add new
states. The key to our growth and success is a commitment to
providing quality service to our agents and customers combined with
disciplined underwriting, and fast and fair claims handling.
UAIC has a world class information technology department. Our web
technology is rated year after year as the easiest to use and most
dependable by our agents. On our website, agents can write new and
renewal business, do endorsements and reinstatements, check the
status of a policy, reprint documents and pay by cash, check or
credit / debit card. UAIC has invested, and will continue to invest,
substantial resources in personnel and technology to assure the most
efficient and professional operations in the industry. Through our
affiliates, United Group Underwriters and United Premium Finance
Company, UAIC provides additional products and services tailored to
the needs of the independent agent. We will continue to strive to be
the leading non-standard automobile insurance company in the
industry. We are proud that our agents and customers have recognized
this commitment by making UAIC a market leader in every state where
we do business.
About Information Builders
Information Builders helps organizations
transform data into business value. Our software solutions for
business intelligence and analytics, integration, and data integrity
empower people to make smarter decisions, strengthen customer
relationships, and drive growth. Our dedication to customer success
is unmatched in the industry. That's why tens of thousands of leading
organizations rely on Information Builders to be their trusted
partner. Founded in 1975, Information Builders is headquartered in
New York, NY, with offices around the world, and remains one of the
largest independent, privately held companies in the industry. Visit
us at www.informationbuilders.com, follow us on Twitter at
@infobldrs, like us on Facebook and visit our LinkedIn page.
Press Contacts
Kathleen Moran
Information Builders
(917) 339-6313
kathleen_moran@ibi.com
Kate Finigan
LEWIS PR
(617) 226-8847
informationbuilders@lewispr.com
SOURCE: Information Builders
mailto:kathleen_moran@ibi.com
mailto:informationbuilders@lewispr.com
[ Back To SIP Trunking Home's Homepage ]
|
NEW Bring Your Own Device
(BYOD): HTML5 and Google's WebRTC are
transforming our industry: The disaggregation of the telecom industry has long
been talked about, while available solutions remain
vertically integrated in spite of a growing industry of
standards-based individual components...
NEW SSOA - SIP Service Oriented Architecture™:
Cloud and large enterprise communications
and collaboration infrastructure: This eBook introduces eZuce's SIP Service Oriented
Architecture (SSOA). SSOA is a 'carrier-class'
system that offers the demanding global enterprise
a modern built-for-the-cloud and highly
scalable...
NEW Benefits of Broadvox VAR Partner Program: We built our Partner Program to work for you. We understand that different
types of partners have different needs, and we don't play favorites. When
you partner with Broadvox, every member of our team stands behind you
and your customers 100%... 
What's New?
