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Classified in: Science and technology, Business
Subject: LIC

Ayalon insurance company upgrades its reporting-analytics to InsFocus BI for Insurance


Ayalon insurance company, Israel, successfully completed implementation of InsFocus, an advanced business intelligence solution enabling high level insurance data analysis improving decision-making process and increasing profitability

PETACH TIKVA, Israel, March 12, 2024 /PRNewswire-PRWeb/ -- Ayalon Insurance joined the growing customer base of InsFocus Systems, the software company which provides its business intelligence solution to most insurance companies in Israel. The system went live in February 2024 after an integration project carried out by Ayalon's BI department in collaboration with InsFocus' experts.

"Our collaboration with InsFocus enables high-level data analysis, leading to improved performance of the General Insurance division, with an emphasis on Actuarial department and HQ analysts, to better utilize the value of the company's data", Noam Ben-Or, Deputy Director of HQ and Planning, Ayalon.

Ayalon selected InsFocus after careful examination of the relevant software solutions, based on the system's focus on insurance profitability analysis and ability to enable high-end independent report generation by insurance business users.

"Our collaboration with InsFocus enables high-level data analysis, leading to improved performance of the General Insurance division, with an emphasis on Actuarial department and HQ analysts, to better utilize the value of the company's data" said Noam Ben-Or Deputy Director of Headquarters and Planning Division at Ayalon. The reasons for choosing InsFocus BI solution were the built-in insurance data model, with its considerable general insurance functionalities, the system's ease of use of the system and its high-level analytical capabilities."

Uri Taiber Founder and CEO of InsFocus: "For nearly two decades, InsFocus has been providing advanced business intelligence services to insurance companies in Israel and around the world utilizing its insurance data model combined with a dedicated technology platform adapted to the insurance sector. InsFocus' many years of experience in combining the model and the software allowed Ayalon to build an efficient analytical data warehouse and integrate the software with it, utilizing Ayalon's existing investments and infrastructure. We are grateful for the trust shown by Ayalon insurance and its CEO Sharon Reich and look forward to continuing work together in the coming years".

Media Contact

Uri Taiber, InsFocus, 972 544236205, [email protected], www.insfocus.com 

SOURCE InsFocus


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