Market turbulence is directly impacting the insurance industry at a pace not seen in years. The financial crisis has spilled over into the market, depleting capital reserves, creating new alliances and reshaping the global landscape. Consumers are also dealing with the effects of the economic slow down and have been forced to adjust their buying behavior further increasing the downward pricing pressure.

Teradata can assist you in adjusting to these changes by helping you gain timely, valuable and actionable insight; providing you with transparency and better data-driven business decisions.

• Enables you to meet key ratings agency and regulatory requirements for backtesting, auditability, transparency, and use test
• Better to understand your businesses and financial risks
• Effectively acquire, cross sell, and retain customers profitability
• Evaluate and manage your sales and service channels
• Analyze claims fraud and abuse; identify characteristics and behaviors to avoid fraudulent claim payments