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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.
"Improvements in the Teradata Customer Management solution and underlying data structures drove significant efficiency gains in Nationwide's ability to execute direct marketing campaigns."
Kathy Koontz, Director of Customer Data Management, Nationwide Insurance, Teradata Magazine Online
Business intelligence helps with customer insight to succeed in today's insurance market.
Detect fraud quickly and efficiently by retrieving, processing and storing data.
Gjensidige enhances their sales and marketing initiatives and boosts customer focus efforts.
Improve customer communications and increase customer loyalty.
Access to timely, accurate and comprehensive risk information is critical.
Advances in risk management methodologies can help insurance companies succeed.
Moving from a regulatory compliance view to a market-consistent view of economic conditions.
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Built on a foundation of more than 25 years of expertise working with leaders in the insurance industry, we can help you understand customers, strengthen underwriting, improve customer service and comply with regulation requirements. Teradata offers:
Visual planning model showing the alignment of enterprise strategic goals and objectives with the enterprise data warehouse.
Integrated, cross-functional model that supplies attributes to the business questions and analyses.
Patented parallel architecture delivers industry-leading benchmark performance for your data warehouse.
Designed to serve different data warehousing/BI paradigms — from entry to enterprise-level.
Tailored to the insurance industry and includes architecture and design modeling, data warehouse migration, and analytics.
Targeted with specific insurance initiatives in mind.
Minimize risk and maintain the most uptime possible for your data warehouse.
Insuring Growth Through AnalyticsActive Enterprise Intelligence drives cost reductions and membership growth for Germany's statutory health insurance providers.
How can we help? Contact us for insight and answers to your questions.