Teradata

Increasingly complex government regulation and bargain-hungry policyholders are just two of the major challenges you face as an insurance provider. To survive and succeed in this highly competitive marketplace, you must make sure the connection between your technology and business objectives is crystal clear. Teradata Insurance Enterprise Data Warehouse Roadmap (EDWr) can help you bring it all into focus.

Teradata Insurance EDWr is a visual modeling tool that captures information needed in your data warehouse in the form of business questions and metrics based on business requirements. Combined with the Teradata Logical Data Model for Insurance, you can graphically see what’s currently available in the data warehouse and what’s needed to meet your business goals.

Features & Benefits

Teradata Insurance EDWr helps you refine key business processes in several areas, including:

Enterprise Risk Management:

• Leverage the detailed data that exists across your company and from external sources.
• Better manage everything from capital reserves to product pricing, underwriting, fraud and the profitability of your product portfolio.

Financial Management:

• Scrutinize profitability in sophisticated new ways.
• Plan budgets, analyze mergers and acquisitions, and effectively project costs associated with regulatory compliance.

Customer/Agent Management:

• Understand your customers' lifetime value.
• Create more cost-effective customer acquisition and retention programs through more precise customer segmentation and more targeted product development and marketing initiatives.
• Align the interests of your company, customers and producers and gain unprecedented insight into the effectiveness and profitability of your distribution channels.

Primary Components

Major areas represented in the Teradata EDWr model include:

Related Business Needs

Discover how these additional Teradata products can boost productivity and efficiency across your business:

Next Steps