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Sunday, September 7, 2014

Insurance Dashboard demo by QlikView Business Intelligence Platform

Insurance data analysis can help all types of insurance firms (including property & casualty, life, health, etc) to improve profitability across the board. But to make it happen, insurance companies also need to have the right tool.

This rare Insurance data analysis dashboard (Insurance dashboard in short) is a business and profitability management application for the insurance industry developed on powerful QlikView Business Intelligence reporting platform. The application covers a range of business areas, and presents a compelling story for how a powerful Business Discovery tool can help companies improve profitability across the board.

This application contains the transaction level details of insurance claims and policies. The sample data is on customers, policies, and claims from a midsize insurance carrier. The dashboard allows its users to analyze this year’s performance based on the number of claims and policies as well as loss ratio. Customer mix is captured using a parallel coordinate chart so users can identify the characteristics of customers and their behaviors.

One of the great extras with this dashboard is that it provides both desktop and mobile sheets so the users who prefer mobile BI can also take advantage of it. The sheets that are presented to the user is determined by the device that is used to analyse the data. A document extension is utilized to detect the device and then this populates a variable to hide or show the relevant sheets.

Below are some screenshots from this great insurance dashboard application which is publicly available.

You can try insurance demo by accessing the free public insurance dashboard demo application. Please fill in the Data Analytics with Qlik Demo/App Request Form so we can send you the link to complete package.

The Insurance Dashboard view (see below) gives users an overview of the Insurance data. Key KPI’s are located across the top of the sheet, along with other key metrics and the performance across the bottom.

Insurance Data Analysis Application Dashboard View
Insurance Data Analysis Application Dashboard View

Insurance Policies Analysis –The policies view below provides more details around the policy area of the business. This analysis includes a number of different views of the length of membership and avg premium charts using the cyclic drill button. The sheet also contains a key Triangulation report, common in the Insurance industry. You can also filter the data by a number of key dimensions down the left of the sheet.

Insurance Dashboard Policies Analysis
Insurance Dashboard Policies Analysis
Other analysis views you can find in the dashboard are Claims Analysis, Loss Ratio Analysis (what if analysis) and Customer Mix analysis.

As we have mentioned above this application also demonstrates mobile bi. It contains an optimized design for small devices such as phones. Access this app using your phone to explore the mobile usability (see below).

Insurance Dashboard Mobile Business Intelligence Screens
Insurance Dashboard Mobile BI Screens

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