What does every insurer want? The ability to easily report, analyze, interrogate
and monitor any aspect of your business performance, when you want, how you want,
where you want, irrespective of underlying systems technology.
The design and delivery of robust Business Performance Scorecards and Dashboards
for the insurance industry is among the core competencies of MSBS. Our clients have
recognized our ability to make data accurate, accessible and actionable by delivering
real-time reporting results. Monitor performance today with in-depth forecasts,
comprehensive management reports, and trend monitoring to identify negative trends
for corrective action in real-time allowing for more favorable results tomorrow.
MSBS specializes in providing report developers and less technical end-users with
a user-friendly environment for:
- Analytic Tools - The primary feature of an Analytics tool is that it allows
a user to display information dynamically, by selecting what data they want to see
in columns, rows and cells of their reports.
- Reporting Services - Our expertise in developing report services range
from a simple static report published in Adobe Acrobat to a highly complex but static
scorecard rendered via a web portal.
- Static Published Reports offer end users business information in a standard format
with fixed content. Most organizations have a set of static published reports that
fall into this category.
- Parameter and Filter Driven Reports allow a user some interactivity in the content
although not the format of the report. Users can enter parameters or select from
drop down lists. Users may also have some ability to expand and collapse hierarchies,
or drill to a more detailed report.
- Dashboards and Scorecards
- Dashboards render multiple associated reports and analytics in a singular view
for a specified consumer (executive management, underwriting, claims, risk analysts.)
- Scorecards provide a comparison of key performance indicators (KPIs) against targets,
goals, and trends. Often these reports display graphics to highlight positive and
negative comparative results. They often provide a top level analysis to initiate
drill-down and deeper dive analysis.

Simple-to-use, powerful analytic and reporting capabilities deliver enterprise-wide
information to all disciplines within an organization. In order to maintain accuracy
and consistency, insurance organizations need to standardize various information
needs and, ultimately, provide a single view of the truth. Whether you are looking
for operational decision-making, tactical analysis or strategic planning capabilities,
MSBS can deliver a comprehensive, timely, and accurate measure of performance.
The creation of a business-led management information environment provides a number
of key benefits including:
- Integrated data across multiple departments resulting in One Version of the
Truth.
- Greater ability to react to changing circumstances through performance alerts
resulting in better understanding of key business drivers, enabling more accurate
planning
For more information about Moore Stephens or the Insurance Analytic Framework (IAF),
please contact us at (917) 484-4860 or
bi-info@moorestephens.com
.