2 Oracle Insurance Performance Insight (OIPI)

Oracle Insurance Performance Insight (OIPI) is a comprehensive business intelligence system created exclusively for the General Insurance/Property and Casualty (P&C) insurance industry and provides a complete set of web-based analytical and reporting components that enable users to generate, view, analyze, distribute, electronically store, and retrieve critical reports.

It provides tools for data integration and includes customizable, pre-built dashboards and reports, a reporting data model, and user-friendly functional subject areas for ad-hoc reporting.

It enables you to actively plan, manage, and track key areas measuring organizational performance with pre-built reports, dashboards, and underlying data structures.

The OIPI solution is built using:

• OFSAA Infrastructure for ETL and Data Integration
• OBIEE for Dashboard and Reports activities

OIPI provides the following capabilities:

• Consolidates data from multiple, disparate source systems to provide a strategic enterprise-wide view across various business and operational segments.
• Provides an underlying data model constructed specifically for the general insurance industry.
• Delivers information management, reporting, and advanced analytics to end-users through an easy-to-use web application.

OIPI utilizes OBIEE technology to present:

• Behavioral and performance trends of its target segments - Lines of businesses, Products, Regions, Intermediaries, Customers, Revenues, Expenses, Claims, and so on.
• Performance tracking using key business performance indicators.
• Performance of the overall business, profitability, intermediaries, and underlying customers.
• Performance of Business against goal/budget and plans.
• The efficiency of the intermediaries and business lines in terms of new business revenue and business retention. Most and least active and revenue-generating intermediaries and sales channels.