Pukka Services T/A Action 365 teamed up with Insurance Data Solutions to successfully complete an EDI insurance data migration to their new platform and going forward the solution will help broker partners who don't have access to EDI systems.
DATA IS THE LIFEBLOOD OF INSURANCE
The efficient management of data and information is key to competing effectively in the insurance sector.
Timely access to data is critical in measuring business performance, identifying uneconomic books of business and understanding markets to tailoring the right products and accurately pricing risk and managing exposure.
Insurers, brokers and MGA support a wealth of data but it is spread across a landscape of siloed operating businesses with applications that don't talk to one another and where users waste enormous amounts of time manually consolidating and manipulating data.
INSURANCE DATA SOLUTIONS
Insurance Data Solutions (IDS) focuses on helping insurers, MGA's and Brokers in maximising the value of their data, by increasing accessibility and ease of use across the insurance value chain.
We provide a quick response to business requirements with both services and solutions to save you time and money, combining over three decades of insurance data experience with the latest technology.
Insurance Data Analytics
Accelerate access data to improve operational efficiency, solve business problems and identify opportunities with Power BI dashboards focusing on insurance KPI's, and leveraging the cloud for self-service analytics.
Binder and Bordereaux Management
Automating the consolidation and reconciliation of incoming and out-going premium, risk and claims bordereaux, improving process efficiency, data integrity and transparency.
Assuring all data is transferred to support business processes in new systems with over 30 years of insurance data and vendor systems expertise.
Decommission legacy systems and reduce costs by archiving historical data and documents to support regulatory compliance. Gain agility whilst improving accessibility.
Ability to swiftly assist with expert, hands-on resource leveraging significant insurance data, software and web development expertise at affordable prices.
IS09001 / 27001 Certification News
So exciting to achieve IS027001 Information Security and ISO9001 Quality Management Standards giving our clients assurance of our policies and processes.
Country and Market Share Analysis for a Leading Lloyds ReInsurer
IDS was appointed in June 2020 to consolidate and cleanse, GlobalData, S&P, and Axco data for the reinsurance arm of the business. Giving insight into emerging profitable markets and declining industries as well as cross and up-sell opportunities.
DATA MIGRATION SUCCESS FROM RDT LANDSCAPE TO TRANSACTOR (OPEN GI)
IDS successfully migrates an RDT Landscape (GEO System) to a Midas’ existing instance of Transactor (Open GI) for the Household Line of Business.
Cyber Essentials Certification Explained
Insurance Data Solutions are proud to announce that it has achieved Cyber Essentials Certification. The business complies with this government backed cyber-security standard, offering reassurance to both customers and partners alike.