{"id":12634,"date":"2023-11-21T09:24:38","date_gmt":"2023-11-20T22:54:38","guid":{"rendered":"https:\/\/cobit-solutions.com\/en\/?p=12634"},"modified":"2026-01-15T16:17:05","modified_gmt":"2026-01-15T16:17:05","slug":"economic-indicators-success-measurement-for-insurance","status":"publish","type":"post","link":"https:\/\/cobit-solutions.com\/en\/economic-indicators-success-measurement-for-insurance\/","title":{"rendered":"Business Intelligence for Insurance Report &#038; Dashboards"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"12634\" class=\"elementor elementor-12634\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-ffd2220 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"ffd2220\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-0afbf48\" data-id=\"0afbf48\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-b1e1273 elementor-widget elementor-widget-image\" data-id=\"b1e1273\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"852\" height=\"327\" src=\"https:\/\/cobit-solutions.com\/en\/wp-content\/uploads\/sites\/2\/2023\/11\/business-intelligence-for-insurance-companies-hero-image.webp\" class=\"attachment-large size-large wp-image-18488\" alt=\"\" srcset=\"https:\/\/cobit-solutions.com\/en\/wp-content\/uploads\/sites\/2\/2023\/11\/business-intelligence-for-insurance-companies-hero-image.webp 852w, https:\/\/cobit-solutions.com\/en\/wp-content\/uploads\/sites\/2\/2023\/11\/business-intelligence-for-insurance-companies-hero-image-814x312.webp 814w, https:\/\/cobit-solutions.com\/en\/wp-content\/uploads\/sites\/2\/2023\/11\/business-intelligence-for-insurance-companies-hero-image-768x295.webp 768w\" sizes=\"(max-width: 852px) 100vw, 852px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-5a70205 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"5a70205\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-956a05a\" data-id=\"956a05a\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-5332ff6 elementor-widget elementor-widget-text-editor\" data-id=\"5332ff6\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>System and data analytics are necessary in numerous industries to manage the cash flows and performance of any medium-large and international business. All of them exist to make a profit as a result of their activity. Though there are many economic factors that affect business success, systems and data analytics are the main drivers of economic benefits.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-e32fb65\" data-id=\"e32fb65\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-00d6cf8 elementor-widget elementor-widget-text-editor\" data-id=\"00d6cf8\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><a href=\"https:\/\/cobit-solutions.com\/en\/services\/business-intelligence-implementation-services\/\">Power BI implementation<\/a> helps to see the weak and strong points, profits and plans, effectiveness of branches and shops, team performance, and many other important factors and indicators for crucial decision-making.<\/p><p>Use <a href=\"https:\/\/cobit-solutions.com\/en\/services\/power-bi-consultants\/\">Power BI consulting<\/a> for better system and metrics reporting implementation.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-c819a06 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"c819a06\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-388854d\" data-id=\"388854d\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-57985b9 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"57985b9\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-2dbd557\" data-id=\"2dbd557\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-bc02a56 elementor-widget elementor-widget-heading\" data-id=\"bc02a56\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><span style=\"font-family: Inter, sans-serif;font-size: 30px;font-weight: 700\">What is Business Intelligence?<\/span><\/h2>\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-5ceafc7 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"5ceafc7\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-c23dbca\" data-id=\"c23dbca\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-f08e8ae elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"f08e8ae\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-620f795\" data-id=\"620f795\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-f700c20 elementor-widget elementor-widget-text-editor\" data-id=\"f700c20\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"color: #111423; font-family: Inter, sans-serif; font-size: 19px;\">To make the data and financial processes parsing faster and efficient companies really need business analytics insurance BI systems in their business processes to automate the control and activity management.<\/span><\/p><p><span style=\"color: #111423; font-family: Inter, sans-serif; font-size: 19px;\">\u00a0<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-988cb41\" data-id=\"988cb41\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-ba9506e elementor-widget elementor-widget-text-editor\" data-id=\"ba9506e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"color: #111423; font-family: Inter, sans-serif; font-size: 19px;\">The Power Business Intelligence platform is designed to fit the needs of different users. It\u2019s flexible enough for finance teams to run predictive insights and set goals, operations managers to monitor productivity KPIs, sales managers to track team performance, and executives to see high-level metrics and gain a holistic view of the company.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-fda340c elementor-reverse-mobile elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"fda340c\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-53479f6\" data-id=\"53479f6\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-def5a32 elementor-widget elementor-widget-heading\" data-id=\"def5a32\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Business Intelligence for insurance companies<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ef28977 elementor-widget elementor-widget-text-editor\" data-id=\"ef28977\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>Business Intelligence for insurance companies<br \/>The company we will describe is under an NDA agreement, but without providing the name, it is one of the insurance industry representatives. They applied to Cobit Solutions in 2021 with a global demand to rebuild their system of managing reports into Power BI, an effective insurance business intelligence software.<br \/><br \/>The matter was that the old reporting system was too hard and time-consuming, using endless sheets of Excel. We had to make a consulting stage and a complex rebuilding of the reporting approach and existing system of individual calculations of financial results.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-9de4fc6\" data-id=\"9de4fc6\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-e7f2fca elementor-widget elementor-widget-html\" data-id=\"e7f2fca\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"html.default\">\n\t\t\t\t\t<video width=\"500\" autoplay loop muted>\r\n  <source src=\"\/wp-content\/mp4\/indicator\/blob5_3.mp4\" type=\"video\/mp4\" \/>\r\n<\/video>\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-d8e02a1 elementor-reverse-mobile elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"d8e02a1\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-c1b7249\" data-id=\"c1b7249\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-93fd4e3 elementor-widget elementor-widget-heading\" data-id=\"93fd4e3\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Key metrics dashboard<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3b83e84 elementor-widget elementor-widget-text-editor\" data-id=\"3b83e84\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>Our client had a purpose to see the tendencies and influence on daily business and forget about hard making and time-consuming sheets of Excel.<\/p><h3>Time Saving Report of KPIs<\/h3><p><span style=\"font-weight: 400;\">The Key Metrics dashboard here reflected the most important KPIs to see on a daily basis.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-56069f1 elementor-widget elementor-widget-image\" data-id=\"56069f1\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"850\" height=\"481\" data-src=\"https:\/\/cobit-solutions.com\/en\/wp-content\/uploads\/sites\/2\/2023\/11\/insurance-premiums-board-1-1.webp\" class=\"attachment-large size-large wp-image-18489 lazyload\" alt=\"\" data-srcset=\"https:\/\/cobit-solutions.com\/en\/wp-content\/uploads\/sites\/2\/2023\/11\/insurance-premiums-board-1-1.webp 850w, https:\/\/cobit-solutions.com\/en\/wp-content\/uploads\/sites\/2\/2023\/11\/insurance-premiums-board-1-1-814x461.webp 814w, https:\/\/cobit-solutions.com\/en\/wp-content\/uploads\/sites\/2\/2023\/11\/insurance-premiums-board-1-1-768x435.webp 768w\" data-sizes=\"auto\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 850px; --smush-placeholder-aspect-ratio: 850\/481;\" data-original-sizes=\"(max-width: 850px) 100vw, 850px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-7bb3343 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"7bb3343\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-53ec1a6\" data-id=\"53ec1a6\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-89e48b4 elementor-widget elementor-widget-text-editor\" data-id=\"89e48b4\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<h3 style=\"color: #111423; font-family: Inter, sans-serif;\">Prompt premiums daily reporting<\/h3><p style=\"margin-bottom: 0px; color: #111423; font-family: Inter, sans-serif; font-size: 19px;\"><span style=\"background-color: transparent; font-family: Arial, sans-serif; font-size: 14.5pt; white-space-collapse: preserve; color: #313131;\">Another vital task was to track the daily premiums and process of insurance payment. We implemented prompt daily reporting on accrued and paid insurance premiums.<\/span><\/p><h3>\u00a0<\/h3><div><h3 style=\"color: #111423; font-family: Inter, sans-serif;\">IT equipment management analytics<\/h3><\/div><div><span style=\"font-size: 14.5pt; font-family: Arial, sans-serif; font-variant-numeric: normal; font-variant-east-asian: normal; font-variant-alternates: normal; font-variant-position: normal; vertical-align: baseline; white-space-collapse: preserve;\">To check the IT equipment management we implemented IT department analytics and created IT asset management analytics dashboard.<\/span><\/div>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3535c88 elementor-widget elementor-widget-text-editor\" data-id=\"3535c88\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>As an additional bonus, the operational department received data-based decision making for risks. New tools and business intelligence for insurance systems help company employees not only to see their specialized dashboards each time when they access the cloud solution, but to organize and research their own results reflected in accordance with one another.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-5af238a elementor-reverse-mobile elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"5af238a\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-3ba3fcf\" data-id=\"3ba3fcf\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-3386294 elementor-widget elementor-widget-heading\" data-id=\"3386294\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">What we have started with<\/h2>\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-86bce5c elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"86bce5c\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-67ae341\" data-id=\"67ae341\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-4426fdc elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"4426fdc\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-fa33636\" data-id=\"fa33636\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-62bcfc4 elementor-widget elementor-widget-html\" data-id=\"62bcfc4\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"html.default\">\n\t\t\t\t\t<video width=\"500\" autoplay loop muted>\r\n  <source src=\"\/wp-content\/mp4\/indicator\/blob4.mp4\" type=\"video\/mp4\" \/>\r\n<\/video>\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-32d6671\" data-id=\"32d6671\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-2d76ad3 elementor-widget elementor-widget-text-editor\" data-id=\"2d76ad3\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>The process began with the client\u2019s demand clearance with the number of meetings of our consultants and department managers. <span style=\"font-weight: 400;\">After the <a href=\"https:\/\/cobit-solutions.com\/en\/services\/power-bi-consultants\/\">Power BI consulting<\/a>, we provided t<\/span>he company determined the most important indicators with critical meaning of the working system of the divisions and teams.<\/p><p>The IT department gave its special request including IT assets inventory dashboard, health insurance, etc. This stage included the <span style=\"font-weight: 400;\">consulting <\/span> of the accounting systems for future BI for insurance integration and important results to reflect for the client and forget about time consuming Excel tables deprived of any adjusting or daily performance.<\/p><p>Dashboards IT structure got categories and indicators to analyze. According to the priority of dashboards types, we have developed the first financial data BI insurance dashboards.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-06f4aa3 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"06f4aa3\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-a616176\" data-id=\"a616176\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-1d21897 elementor-widget elementor-widget-heading\" data-id=\"1d21897\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\"><h3 data-elementor-setting-key=\"title\" data-pen-placeholder=\"Type Here...\" style=\"font-weight: 700;line-height: 57.6px;font-size: 30px;font-family: Inter, sans-serif\">Steps for implementing business intelligence in an insurance company<\/h3><\/h3>\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-776619c elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"776619c\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-top-column elementor-element elementor-element-ae7fce4\" data-id=\"ae7fce4\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-2bb760b elementor-section-height-min-height step-block elementor-section-boxed elementor-section-height-default\" data-id=\"2bb760b\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-61db92a\" data-id=\"61db92a\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-e78f0f1 elementor-widget__width-auto elementor-widget elementor-widget-image\" data-id=\"e78f0f1\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" data-src=\"https:\/\/cobit-solutions.com\/en\/wp-content\/uploads\/sites\/2\/2023\/11\/mask-group-2.svg\" title=\"Mask group (2)\" alt=\"Mask group (2)\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" class=\"lazyload\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e3aebc1 elementor-widget__width-auto elementor-widget elementor-widget-heading\" data-id=\"e3aebc1\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<span class=\"elementor-heading-title elementor-size-default\">Step 1<\/span>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d4946d1 elementor-widget elementor-widget-text-editor\" data-id=\"d4946d1\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>Firstly we have created a technical architecture diagram of the business analytics system. As the second step laid out the future road map for the business intelligence in insurance development for the next 2 years in the company.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-top-column elementor-element elementor-element-8ed170a\" data-id=\"8ed170a\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-ce2b65b elementor-section-height-min-height step-block elementor-section-boxed elementor-section-height-default\" data-id=\"ce2b65b\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-19087ef\" data-id=\"19087ef\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-416d99b elementor-widget__width-auto elementor-widget elementor-widget-image\" data-id=\"416d99b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" data-src=\"https:\/\/cobit-solutions.com\/en\/wp-content\/uploads\/sites\/2\/2023\/11\/mask-group-2.svg\" title=\"Mask group (2)\" alt=\"Mask group (2)\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" class=\"lazyload\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-95df9d1 elementor-widget__width-auto elementor-widget elementor-widget-heading\" data-id=\"95df9d1\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<span class=\"elementor-heading-title elementor-size-default\">Step 2<\/span>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9df1081 elementor-widget elementor-widget-text-editor\" data-id=\"9df1081\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>After these actions our specialist started the sketching dashboards for the creation of BI for CFO and other users with the agreed charts displaying key performances.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-top-column elementor-element elementor-element-6759f48\" data-id=\"6759f48\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-c77bc86 elementor-section-height-min-height step-block elementor-section-boxed elementor-section-height-default\" data-id=\"c77bc86\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-0a49c6e\" data-id=\"0a49c6e\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-96a9f8b elementor-widget__width-auto elementor-widget elementor-widget-image\" data-id=\"96a9f8b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" data-src=\"https:\/\/cobit-solutions.com\/en\/wp-content\/uploads\/sites\/2\/2023\/11\/mask-group-2.svg\" title=\"Mask group (2)\" alt=\"Mask group (2)\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" class=\"lazyload\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4a6d0da elementor-widget__width-auto elementor-widget elementor-widget-heading\" data-id=\"4a6d0da\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<span class=\"elementor-heading-title elementor-size-default\">Step 3<\/span>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6b878d6 elementor-widget elementor-widget-text-editor\" data-id=\"6b878d6\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<div><div>This way the new reporting system of BI insurance management was formed with a number of unique insurance dashboards tailored for each department, set users and sources of information.<\/div><\/div>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-74ef34e elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"74ef34e\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-0de6e82\" data-id=\"0de6e82\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-2e2918a elementor-widget elementor-widget-heading\" data-id=\"2e2918a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\"><h3 data-elementor-setting-key=\"title\" data-pen-placeholder=\"Type Here...\" style=\"font-weight: 700;line-height: 57.6px;font-size: 30px;font-family: Inter, sans-serif\">Difficulty of business intelligence implementing in a company<\/h3><\/h3>\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-b3a0a97 elementor-reverse-mobile elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"b3a0a97\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-2d0b4d7\" data-id=\"2d0b4d7\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-403191f elementor-widget elementor-widget-text-editor\" data-id=\"403191f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>It is worth mentioning that the task was not just to imply BI for insurance analytics with balance sheet dashboards, but to make a complex rebuilding of the reporting approach. Cobit Solution\u2019s Analytics BI team started automation of the reporting system to save time and increase the business control of the customer.<\/p><p>The system of management was specified for the individual calculations of financial results according to the company\u2019s mechanisms after <span style=\"font-weight: 400;\">consulting <\/span>. We have automated the processes and launched power BI integration in the insurance industry. After the development and launch, the new system has imported data from different sources, due to the existing accounting policy, in the form of algorithms.<\/p><p>After visualization of the automated processes, Cobit Solutions specialists performed data integrity checks together with the client\u2019s staff. The company shifted from the old way of reporting into power BI analytics turning Excel tables into comprehensible and appealing dashboards.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-c56f96b\" data-id=\"c56f96b\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-df3424e elementor-widget elementor-widget-html\" data-id=\"df3424e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"html.default\">\n\t\t\t\t\t<video width=\"500\" autoplay loop muted>\r\n  <source src=\"\/wp-content\/mp4\/indicator\/blob1.mp4\" type=\"video\/mp4\" \/>\r\n<\/video>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-725c909 elementor-widget__width-initial elementor-hidden-phone elementor-widget elementor-widget-html\" data-id=\"725c909\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"html.default\">\n\t\t\t\t\t<video autoplay loop muted>\r\n  <source src=\"\/wp-content\/mp4\/indicator\/card.mp4\" type=\"video\/mp4\" \/>\r\n<\/video>\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-c4ecf57 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"c4ecf57\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-bfc3a19\" data-id=\"bfc3a19\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-457def3 elementor-widget elementor-widget-html\" data-id=\"457def3\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"html.default\">\n\t\t\t\t\t<video width=\"500\" autoplay loop muted>\r\n  <source src=\"\/wp-content\/mp4\/indicator\/insurance-blob.mp4\" type=\"video\/mp4\" \/>\r\n<\/video>\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-16053cd\" data-id=\"16053cd\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-ee67f10 elementor-widget elementor-widget-heading\" data-id=\"ee67f10\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">CEO insurance dashboards<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-79f3a51 elementor-widget elementor-widget-text-editor\" data-id=\"79f3a51\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>New tools and reporting management systems help company employees not only to see their specialized dashboards each time when they access the cloud solution, but to organize and research their own results reflected in accordance with one another.<\/p><p>\u00a0<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-fe250d7 elementor-reverse-mobile elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"fe250d7\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-97555aa\" data-id=\"97555aa\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-14384ef elementor-widget elementor-widget-heading\" data-id=\"14384ef\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Insurance data analytics security<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5cd48d5 elementor-widget elementor-widget-text-editor\" data-id=\"5cd48d5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>Innovative <a href=\"https:\/\/cobit-solutions.com\/en\/services\/dashboard-consulting-services\/\">dashboard development services<\/a> guarantee data security (2FA authentication) and confidentiality, providing access to business intelligence insurance dashboards from any device anytime the users need.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-e76c75f\" data-id=\"e76c75f\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-f2a2319 elementor-widget elementor-widget-html\" data-id=\"f2a2319\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"html.default\">\n\t\t\t\t\t<video width=\"500\" autoplay loop muted>\r\n  <source src=\"\/wp-content\/mp4\/indicator\/analytics-blob.mp4\" type=\"video\/mp4\" \/>\r\n<\/video>\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-44106e4 elementor-section-height-min-height elementor-section-boxed elementor-section-height-default elementor-section-items-middle\" data-id=\"44106e4\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t\t<div class=\"elementor-background-overlay\"><\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-no\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-ee41bac\" data-id=\"ee41bac\" data-element_type=\"column\" data-e-type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;gradient&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-15f9f95 elementor-widget elementor-widget-heading\" data-id=\"15f9f95\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<span class=\"elementor-heading-title elementor-size-default\">Comfort<\/span>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-27efb3f elementor-widget elementor-widget-heading\" data-id=\"27efb3f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<span class=\"elementor-heading-title elementor-size-default\">See the tendencies and influence on business daily<\/span>\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-cb65c0d elementor-hidden-phone\" data-id=\"cb65c0d\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-831d6b9 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"831d6b9\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-3638d35\" data-id=\"3638d35\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-f74322f elementor-widget__width-initial elementor-widget elementor-widget-heading\" data-id=\"f74322f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Results and benefits of Power BI implementation<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-979bb6c elementor-widget elementor-widget-text-editor\" data-id=\"979bb6c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>We have developed and launched dashboards and planned the list of others under development according to an early developed strategy.\u00a0<\/p><h3><span style=\"font-weight: 400;\">Results of Power BI implementation<\/span><\/h3><p><span style=\"font-weight: 400;\">The key feature of the business intelligence for insurance project became full management system rebuilding to leave Excel reports in the past and maximize auto processing. It also became a benefit and an option for the future risk management in the insurance industry. As an additional plus, the operational department got data-based decision making for risks. Financial analysis BI insurance dashboards calculate and reflect the tendencies, including future risks, using Microsoft Power BI Platform.<\/span><\/p><h3><span style=\"font-weight: 400;\">Benefits of Power BI implementation<\/span><\/h3><p><span style=\"font-weight: 400;\">Great <\/span><span style=\"font-weight: 400;\">benefits that the insurance company got from the new management system balance sheet KPI dashboards was worldwide access because of the cloud BI technology. Innovative business intelligence in insurance industry guarantee data security (2FA authentication) and confidentiality, providing access to dashboards from any device anytime the users need.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1aea22a elementor-widget elementor-widget-text-editor\" data-id=\"1aea22a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>A new system of reporting helps to manage the risks and provide the insurance services, consulting and forecast.\u00a0<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-19975b0 elementor-widget__width-auto elementor-absolute elementor-widget elementor-widget-html\" data-id=\"19975b0\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;_position&quot;:&quot;absolute&quot;}\" data-widget_type=\"html.default\">\n\t\t\t\t\t<video autoplay loop muted>\r\n  <source src=\"\/wp-content\/mp4\/indicator\/blue_blob_4.mp4\" type=\"video\/mp4\" \/>\r\n<\/video>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-fd85509 elementor-widget__width-initial elementor-widget-mobile__width-inherit elementor-absolute elementor-widget elementor-widget-html\" data-id=\"fd85509\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;_position&quot;:&quot;absolute&quot;}\" data-widget_type=\"html.default\">\n\t\t\t\t\t<video autoplay loop muted>\r\n  <source src=\"\/wp-content\/mp4\/indicator\/obtigbbzuz.mp4\" type=\"video\/mp4\" \/>\r\n<\/video>\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-711a8c1 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"711a8c1\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-ea4698e\" data-id=\"ea4698e\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-fbe1e4c elementor-widget__width-initial elementor-widget elementor-widget-heading\" data-id=\"fbe1e4c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Advantages of insurance business intelligence solutions<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-84e8a38 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"84e8a38\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-ba57cbe\" data-id=\"ba57cbe\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-9044a99 elementor-widget elementor-widget-text-editor\" data-id=\"9044a99\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>As an additional bonus, the operational department received data-based decision making for risks. New tools and business intelligence for insurance systems help company employees not only to see their specialized dashboards each time when they access the cloud solution, but to organize and research their own results reflected in accordance with one another.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-99ba7b4\" data-id=\"99ba7b4\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-efecf7c elementor-widget elementor-widget-html\" data-id=\"efecf7c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"html.default\">\n\t\t\t\t\t<video height=\"220\" autoplay loop muted>\r\n  <source src=\"\/wp-content\/mp4\/indicator\/sheild.mp4\" type=\"video\/mp4\" \/>\r\n<\/video>\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-52e1ab0 advantages elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"52e1ab0\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-bd3f0eb\" data-id=\"bd3f0eb\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-3465750 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"3465750\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-inner-column elementor-element elementor-element-0cd8ab3\" data-id=\"0cd8ab3\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-6be6588 elementor-position-left elementor-vertical-align-middle elementor-widget elementor-widget-image-box\" data-id=\"6be6588\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image-box.default\">\n\t\t\t\t\t<div class=\"elementor-image-box-wrapper\"><figure class=\"elementor-image-box-img\"><img decoding=\"async\" data-src=\"https:\/\/cobit-solutions.com\/en\/wp-content\/uploads\/sites\/2\/2023\/11\/sheet.svg\" title=\"sheet\" alt=\"sheet\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" class=\"lazyload\" \/><\/figure><div class=\"elementor-image-box-content\"><p class=\"elementor-image-box-description\">Reporting system of management rebuilding<\/p><\/div><\/div>\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-inner-column elementor-element elementor-element-783c0a8\" data-id=\"783c0a8\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-63b8154 elementor-position-left elementor-vertical-align-middle elementor-widget elementor-widget-image-box\" data-id=\"63b8154\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image-box.default\">\n\t\t\t\t\t<div class=\"elementor-image-box-wrapper\"><figure class=\"elementor-image-box-img\"><img decoding=\"async\" data-src=\"https:\/\/cobit-solutions.com\/en\/wp-content\/uploads\/sites\/2\/2023\/11\/dashboard.svg\" title=\"dashboard\" alt=\"dashboard\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" class=\"lazyload\" \/><\/figure><div class=\"elementor-image-box-content\"><p class=\"elementor-image-box-description\">Custom specialized BI and analytics dashboards<\/p><\/div><\/div>\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-inner-column elementor-element elementor-element-a6e495a\" data-id=\"a6e495a\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-e5e929d elementor-position-left elementor-vertical-align-middle elementor-widget elementor-widget-image-box\" data-id=\"e5e929d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image-box.default\">\n\t\t\t\t\t<div class=\"elementor-image-box-wrapper\"><figure class=\"elementor-image-box-img\"><img decoding=\"async\" data-src=\"https:\/\/cobit-solutions.com\/en\/wp-content\/uploads\/sites\/2\/2023\/11\/management.svg\" title=\"management\" alt=\"management\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" class=\"lazyload\" \/><\/figure><div class=\"elementor-image-box-content\"><p class=\"elementor-image-box-description\">Handy management and search of the reported data<\/p><\/div><\/div>\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-58e3c42 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"58e3c42\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-f2bcf54\" data-id=\"f2bcf54\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-3041573 elementor-widget elementor-widget-heading\" data-id=\"3041573\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><span style=\"font-family: Inter, sans-serif;font-size: calc(1.325rem + 0.9vw);font-weight: 700\">Conclusions<\/span><\/h2>\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-6783b17 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"6783b17\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-30d26ae\" data-id=\"30d26ae\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-0c5c34b elementor-widget elementor-widget-text-editor\" data-id=\"0c5c34b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><span id=\"docs-internal-guid-78e9fe85-7fff-26a2-e655-d1b831b15e3f\"><span style=\"font-size: 14.5pt; font-family: Arial, sans-serif; color: #111423; font-variant-numeric: normal; font-variant-east-asian: normal; font-variant-alternates: normal; font-variant-position: normal; vertical-align: baseline; white-space-collapse: preserve;\">To sum up our fruitful collaboration took&nbsp;1.5 years for the<\/span><span style=\"font-size: 14.5pt; font-family: Arial, sans-serif; color: #111423; background-color: transparent; font-variant-numeric: normal; font-variant-east-asian: normal; font-variant-alternates: normal; font-variant-position: normal; vertical-align: baseline; white-space-collapse: preserve;\"> full system rebuilding, handy management,&nbsp; and search of the reported data implementation. The company got specialized dashboards for insurance premiums, paid insurance prem<\/span><span style=\"font-size: 14.5pt; font-family: Arial, sans-serif; color: #111423; font-variant-numeric: normal; font-variant-east-asian: normal; font-variant-alternates: normal; font-variant-position: normal; vertical-align: baseline; white-space-collapse: preserve;\">iums and a complex of financial results dashboards for this period. Besides the adjustments of the data synchronization modules and launch the insurance company got from the new management system balance sheet KPI dashboards. It is highly beneficial for them due to the worldwide access which cloud Power BI technology offers. <\/span><\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-cecdf35 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"cecdf35\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-223ae3c\" data-id=\"223ae3c\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-d162747 elementor-widget elementor-widget-spacer\" data-id=\"d162747\" 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