Best Insurance Analytics Software

Insurance analytics software conducts analysis on insurance-related data. Insurance companies use insurance analytics solutions to drive customer interactions, reduce fraudulent activity (and detect it when it does occur), price their products, and automate product recommendations.

Insurance agencies leverage these solutions to inform strategic decision-making, identify potential opportunities for cost savings, enable the self-service of policies, and price premiums. Insurance analytics software carries out deep data analysis on customer and operational data, enabling organizations to become more efficient and effective.

Insurance analytics solutions connect to various data sources within an insurance agency. These solutions also typically integrate with financial services CRM software.

To qualify for inclusion in the Insurance Analytics category, a product must:

  • Connect to internal data sources
  • Conduct data analysis on data consumed from those sources
  • Be designed for use by the insurance industry
  • Produce data driven reports on client behavior
Compare Insurance Analytics Software
Results: 8
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    Majesco Business Analytics provides a solution that helps insurers uncover new opportunities to achieve competitive advantage.

    Policies. Premiums. Claims. Payouts. In the insurance world, every transaction is a data point ripe for analysis and action. Tableau makes visual insurance analytics available to anyone in your insurance company. Complex insurance datasets are no problem for Tableau, making it possible to explore in real time and react to change faster.

    MFX’s insurance analytics solution is designed to help users gain relevant and powerful insights that can help them make better decisions and restructure their operations and strategies to achieve optimal results across the board.

    Through an easy-to-understand visual interface, Applied Analytics allows you to obtain powerful graphical business insights from your existing management system data to drive greater employee productivity and increase profitable relationships with clients and insurers.

    Medical and Rx claims data analytics and benchmarking system. Pinpoint medical and Rx cost drivers and utilization trends for clients with accurate and actionable reporting and analysis. Uncover cost-savings opportunities. Integrates largest, normative data benchmarks in the US.

    Octo provide a telematics and data analytics solutions that deliver insoght to auto insurance industry

    Many insurance professionals spend too much time making their data usable. Our machine learning data integration, automation and analytics tool provides clean data and insights in seconds, not months.

    SpatialKey is a browser-based service that provides data-driven analyses. Geospatial data is used to provide effective business analytics. Users can see interactive analytics and easily create reports.