iPartners, the leading provider of Software as a Service (SaaS) business analytics solutions to the property & casualty (P&C) insurance industry, today announced that Massachusetts based The Andover Companies has selected iPartnersâ Insurance Scorecard to enable more informed and timely decision making through easy access to accurate information, combined with advanced analysis and reporting. The Andover Companies will leverage the iPartnersâ solution throughout the enterprise which includes three distinct companies: Merrimack Mutual, Cambridge Mutual, and Bay State. Given iPartnersâ Software as a Service (SaaS) delivery method, The Andover Companies anticipates an on schedule production environment in early 2012.
Limited data access, combined with a lack of analytical tools and reporting capabilities, prompted The Andover Companies to seek a new approach to leverage across the organization for better data usage and improved decision making; leading the company to its evaluation and selection of iPartners. In addition to the potential benefits offered with the time-tested and proven Insurance Scorecard business intelligence solution, The Andover Companies also recognized and valued iPartnersâ extensive property & casualty experience, specifically with back office legacy systems and the related data challenges. The iPartnersâ combination of solution and experience offered The Andover Companies the quickest and most efficient path for access to and analysis of quality data.
âWith increased demands for easy access to our data, we needed a better way to give management accurate information needed to make decisions. We also wanted to enhance our reporting from just ad hoc query,â said Gary Beiswenger, Assistant Vice President IT with The Andover Companies.
Beiswenger added, âThe Andover Companies selected iPartnersâ Insurance Scorecard BI solution due to the quality of the product, and the companyâs extensive P&C insurance expertise and specific knowledge & experience with our legacy policy and claims transactional system. iPartnersâ P&C Insurance business content will enable Andover to efficiently roll out a robust set of analytics based on our top lines of business and reporting requirements.â
âWe appreciate The Andover Companiesâ selection of iPartners and we are excited to be adding another high quality organization to our client family. Forward thinking insurers like The Andover Companies are leading the industry and demonstrating the value of quality data and business intelligence technologies, serving as an example for the others to learn from and follow,â commented iPartners, Robert Lasher, iPartners founder and CEO. âIt is especially gratifying to see that the work we have done over the years in loading data from various back end policy and claims solutions is helping us in shortening the time-to-value with our solution for new customers like The Andover Companies.â
iPartnersâ Insurance Scorecard Business Intelligence solution is an easy to use SaaS solution designed specifically for the P&C industry. The suite offers a complete analytics solution including: performance management dashboards and scorecards, ad-hoc detailed analysis, production reporting, and drill to detail.