Canada Insurer goes Biz intelligent

MCLEAN, US: Wawanesa, a property and casualty insurer in Canada plans to use Business Intelligence for corporate financial reporting, as well as monitoring business metrics related to insurance policies and claims.

MicroStrategy Incorporated, a provider of business intelligence (BI) software, has announced that Wawanesa Mutual Insurance has selected MicroStrategy as its enterprise BI platform.  This would cover employees’ area on product distribution and claims processed by geographic area to better understand business performance.

As the company claims in a press release, the MicroStrategy-based application will give Wawanesa personnel a high-level view of its operations, as well as the ability to drill into the metrics to uncover business drivers and identify areas for improvement.

"Business intelligence is a strategic priority that will provide actionable information to help us enhance operations and make more proactive business decisions," said Cam Loeppky, Vice President of Information Services, Wawanesa. "Following a thorough evaluation of leading BI providers, we selected MicroStrategy because of its integrated BI platform, ease-of-use, and low total cost of ownership."