InsFocus Systems

InsFocus BI

4.5 / 5 3 reviews

Who Uses This Software?

Insurance companies, mainly P&C / Non-Life.


Average Ratings

3 Reviews
  • 4.5 / 5
    Overall
  • 5 / 5
    Ease of Use
  • 5 / 5
    Customer Service

Product Details

  • Starting Price
    $6,000.00/month
  • Pricing Details
    Above is base plus per user at $ 60 /user / month
  • Deployment
    Cloud, SaaS, Web
    Installed - Windows
  • Training
    Documentation
    In Person
  • Support
    Online
    Business Hours

Vendor Details

  • InsFocus Systems
  • www.insfocus.com
  • Founded 2003
  • Israel

About This Software

InsFocus BI is a business-intelligence solution designed specifically for the insurance industry. InsFocus BI delivers seamless analysis, reporting, and dashboards to every insurance business domain and powers it all with a built-in, comprehensive insurance data model to offer a smarter choice for intelligent BI software.


Spotlight_media_placeholder

InsFocus BI Features

  • Ad hoc Analysis
  • Ad hoc Query
  • Ad Hoc Reports
  • Benchmarking
  • Budgeting & Forecasting
  • Dashboard
  • Data Analysis
  • Data Visualization
  • Key Performance Indicators
  • OLAP
  • Performance Metrics
  • Predictive Analytics
  • Profitability Analysis
  • Strategic Planning
  • Trend / Problem Indicators

InsFocus BI Reviews

Best experience in the Shortest time!

Jan 17, 2017
5/5
Overall
5 / 5
Ease of Use
5 / 5
Features & Functionality
5 / 5
Customer Support
5 / 5
Value for Money
Likelihood to Recommend: Not
Likely
Extremely
Likely

Pros: Ease of use.
Precision.
Quick loading of reports.
Flexibility for users.

Cons: Need to add a statistical tool to enhance analysis.

Overall: Implemented the system giving precise reports and dashboards solutions for all LOB's in the non life business in less than a quarter time.
Creating easily Profit and loss reports, Production monitoring , Renewals, Exposures for AY/UY, Breakdowns into segmentation for underwriting needs, Claims management performance , Actuarial rate making and reserving Inc. Triangulation , Finance and RI.

InsFocus review

Jan 10, 2017
4/5
Overall
5 / 5
Ease of Use
4 / 5
Features & Functionality
5 / 5
Customer Support
4 / 5
Value for Money
Likelihood to Recommend: Not
Likely
Extremely
Likely

Pros: Fast performance, Easy to operate, Precise and accurately reflects the operating system.

Cons: I would like to improve dashboards building

Overall: We have purchased the system 3 years ago, during which we implemented it across our organizational setup. Currently, the system serves as a opertional basis for underwriting teams; as a tool for decision making level executives; and also used for advanced analysis for the actuarial department.

Vendor Response

by InsFocus Systems on January 10, 2017

Thank you Osnat for the kind review! Hachshara is a very important customer to us. Regarding dash boarding functionality - we have taken in much of your feedback. Version 3.4 coming out in Q2/2017 will contain an impressive set of improvements for this area.

The best BI software for insurance comapny's

Jan 09, 2017
5/5
Overall
5 / 5
Ease of Use
5 / 5
Features & Functionality
5 / 5
Customer Support
5 / 5
Value for Money
Likelihood to Recommend: Not
Likely
Extremely
Likely

Pros: Greater flexibility in selecting the data, precise control database and the data is displayed clearly and graphs

Cons: non

Overall: he software allows me as a manager Maximum data analysis, presents trends and business development. In addition to the software tool is used to control operations such as sales, marketing, underwriting, claims and dealer profitability analysis, a significant customer rules.
The service we receive is excellent, quick responses, improvements and updates and support requirements are not simple we ask from time to time.

As CEO of an insurance company decision-support tool that allows me to control daily and good decision-making skills and accurate.
Highly recommend !!

Recommendations to other buyers: It is important to do some preparation and characterization of optimal before starting the project implementation. I will be happy to help anyone who debated the issue.

Vendor Response

by InsFocus Systems on January 10, 2017

Thank you Shlomo for the very kind review! We are very happy to server Kesh International Underwriters and to be part of its success.