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Insurance

Insurance industry solutions from Teradata are designed to help you cope with the constant changes in coverage and regulation. Teradata offers a unique suite of products and consulting services that provides unprecedented decision support by delivering relevant, accurate and up-to-date information about your customers. Trust our insurance industry experts to tailor an array of data warehousing and analytical solutions to your specific needs to turn the overflow of information into a valuable asset.

Teradata insurance industry solutions give you the power to translate decisions into actions that can shape products and pricing, service and distribution channels to strengthen customer relationships and build better competitive advantages. They help you cut costs, make more informed decisions and provide enhanced service faster than ever. The Teradata Enterprise Data Warehouse Roadmap for Insurance provides value by ensuring a business-driven perspective to data warehouse design and usage. Our solutions open the door to new opportunities by enhancing management of every aspect of your business, 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.

Finance and Performance 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.

"The more targeted a mailing is, the better results it can deliver, both in terms of reduced initial costs and in more positive response rates. We needed a solution that could not only handle our growing data and parallel users, but that could provide greater efficiency in our direct mail program."

Read the Success Story

—Philippe Neyt, Director and Sales Manager, Corona Direct

Services

Teradata offers a Comprehensive Services Portfolio to help you leverage the power of your enterprise data warehouse and maximize your ROI. Count on our services teams to deliver a unique combination of data warehousing and business intelligence experience, deep industry knowledge and a proven track record of providing workable solutions to a wide range of companies and industries worldwide. From creating a customized solution to unparalleled assistance and support, Teradata can help you compete in the global marketplace.

Features
* German Health Insurance Leader BKK Wins 2007 Best Practice Award for Data Warehousing and Business Intelligence — Powered By Teradata
* Teradata Enterprise Data Warehouse Roadmap for Insurance
* Portrait -> Bridging the gap -  Teradata Magazine
* Teradata Logical Data Model For Banking, Investments, Credit Cards, and Insurance
* A Major Insurance Company Masters Its Finance Data


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Corona Direct cut direct mail costs by 30% using a Teradata Warehouse to precisely target the specific needs of potential customers.

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