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Insurance Analytics

As insurance data specialists we help insurers, brokers, and MGA's connect and consolidate data sources and create meaningful Power BI dashboards to support decision making. 

To fast-track your road to BI and Analytics we offer an impressive suite of dashboards, which can be quickly customised to your data for underwriting, claims, sales and marketing performance, regulatory and operational MI requirements.

Our cost-effective Analytics framework automates the data refresh schedule, giving users, teams and even external partners access to up-to-date dashboards on a self-service basis.  We also provide Power BI training supporting users in connecting to data sources and creating their own dashboards to gain autonomy and maximum value from your data.     


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Binder Management & Bordereaux

The IDS Bordereaux Solution supports cover holders, MGAs' and brokers in managing delegated authority binders and automating outgoing and incoming premium, risk and claims bordereaux processes ensuring data quality, industry standards, reconciliation and providing full audit functionality and powerful analytics dashboards.  


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Insurance Data Migrations

As independent insurance data migration specialists, we offer a range of data migration services from just extracting data from different vendor systems to full comprehensive end to end migration of the data to new systems.  Depending on business requirements we can deliver data migrations through a big bang, phased or incremental approach (i.e. by line-of-business, or branch or date) ensuring the data is transferred in line with business rules.


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Insurance Data Archiver

To reduce legacy system costs and support regulatory record keeping requirements the IDS Insurance Data Archiver offers a cost-effective cloud solution built specifically to maintain the integrity of historical insurance data and documents. Supporting the decommissioning of legacy systems and improving access in the event of a claim or query.  


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Tailored Solutions

IDS have expertise in assisting clients with BAU data requirements and building tailored modern data solutions which overcome the constraints of disparate insurance systems, boost productivity and ensure the reliability and accessibility of data.


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Data Conversion Methodology

Our proven data migration methodology and framework tools ensures the data being migrated works correctly in the target system for all processes.  We work closely with the business to ensure any issues are identified and rectified through a series of releases, tests and reconciliations so there are no surprises on go live. 


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On Demand Migration Tool

The “On Demand Data Migration Solution” (ODMS) gives brokers and insurers the ability to incrementally stage a data migration themselves, typically on a weekly or monthly basis ahead of renewal.  This is particularly useful for EDI Personnel Lines Schemes but can be used for any line of business. 


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Sanctions Screening

Automating nightly Sanctions batch screening of new business, MTA and renewals, providing a complete audit trail on due diligence ensuring sanctions regulatory compliance. Specifically built for the insurance sector as an efficient and cost-effective solution offering unlimited checks for a flat monthly fee following implementation.

Insurance Data Solutions

Moor Gardens Offices, Maldon Road 

Hatfield Peverel, Chelmsford

Essex

CM3 2JP
United Kingdom

Telephone: +44 (0)1245 608253

We have experience in successfully migrating data to / from most of the major policy administration / underwriting system in the UK and many bespoke systems.

Managing Director, Paul Johnson

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