Transforming Reporting for Faster Analysis and Insights

The details
Hiscox Insurance
To improve reporting efficiency with a centralised system
60 days
The challenge

Hiscox were struggling with the process they had in place to report on the risks, claims and premiums under the coverholder they were managing. Their process took them over a month to create the reports to the individual coverholders and any management information was limited.

Transforming Reporting for Faster Analysis and Insights
The solution

We worked with Hiscox Insurance on improving their reporting process by implementing a centralised reporting solution, conducting data engineering and cleansing to ensure data accuracy and consistency, developing business intelligence and data visualisation tools to aid decision-making, and implementing automation to reduce report creation time from one month to two hours.

The outcome

As a result of our project we were able to reduce report creation time from one month to two hours. In addition Hiscox gained the ability to perform trend analysis and assess the profitability of insurance lines, leading to faster and more informed decision-making.


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Ready to get started on your data journey?

Every project we work on is tailored to your business's specific needs and challenges, there is no one size fits all. To find out how our cutting-edge services and technology can unlock your business' potential, please get in touch.

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