Oracle Insurance Gets Innovative with Insurance Business Intelligence
By user9976532 on Dec 21, 2010
"Rapid access to business intelligence is essential to compete and thrive in today's insurance industry," said Srini Venkatasantham, vice president, Product Strategy, Oracle Insurance. "The adaptive data modeling approach of Oracle Insurance Insight 7.0, combined with the insurance-specific data model, offers global insurance companies a faster, easier way to get the intelligence they need to make better-informed business decisions."
New Features in Oracle Insurance 7.0 include:
- "Adaptive Data Modeling" via the new warehouse palette: Gives business users the power to configure lines of business via an
easy-to-use warehouse palette tool. Oracle Insurance Insight then
automatically creates data warehouse elements - such as line-specific
database structures and extract-transform-load (ETL) processes -speeding
up time-to-value for BI initiatives.
- Out-of-the-box insurance models or create-from-scratch option: Includes pre-built content and interfaces for six Property and Casualty (P&C) lines.
Additionally, insurers can use the warehouse palette to deploy any and
all P&C or General Insurance lines of business from scratch, helping insurers support
operations in any country.
- Leverages Oracle technologies: In addition to Oracle Business Intelligence Enterprise Edition, the solution includes Oracle Database 11g as well as Oracle Data Integrator Enterprise Edition 11g, which delivers Extract, Load and Transform (E-L-T) architecture and eliminates the need for a separate transformation server. Additionally, the expanded Oracle technology infrastructure enables support for Oracle Exadata.
To see a demo of the Oracle Insurance Insight system, click here
To read the press announcement, click here