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More on the Software as a Service BI system for Insurance companies at Insurance News Net -

Key to the benefits is the ready availability of both summary information and the details of specific activities. “Using reports from the iPartners Insurance Scorecard, our marketing executives can sit down with our brokers and show them, for example, the specifics of why we are declining business. This helps brokers identify prospects and policies that are acceptable,” says Hernandez. “It reduces our cost of doing business, and it increases our potential for competitive quotes on business that does fit.”

Majestic’s marketing executives and its brokers both have 24/7 access to information generated by the Scorecard. “When they make agency calls, our marketing executives can have substantial discussions rather than dealing in generalities. They can speak to successes as well as to areas where improvement is needed,” Hernandez says.