Vendor Market for Property/Casualty Insurer Data Warehouses Maturing

Increasing interest in data technology fosters maturing vendor market for insurers when considering providers of data warehouse solutions

Novarica profiles ten solutions in new report

Boston, MA (Jan. 28, 2020) – According to recent research from research and advisory firm Novarica, North American insurers continue to show year-over-year growth of interest in data warehouses and data technology to improve data and analytics capabilities. To help CIOs understand their options and navigate the provider landscape, Novarica’s new report, Data Warehouse Solutions for Property/Casualty Insurers, provides an overview of the data warehouse software solutions specifically designed for insurers, and profiles of ten vendor solutions.

“Establishing a broad data strategy with a permanent record of data across multiple systems will become even more important for insurers when they bring on AI technologies that require a strong backbone of historical information,” said Jeff Goldberg, Executive Vice President of Research and Consulting, and lead author of Novarica’s new report. “As the space has matured, it is now possible to select one of the vendors profiled in this report for a full insurance data technology stack that includes the data layer, the industry-specific data models, the presentation and visualization tools, and the pre-built insurance reports and dashboards.”

Each profile summarizes the vendor organization, technology used, differentiators, client base, lines of business supported, deployment options, implementation approaches, upgrades/enhancements, and key functions. Vendors profiled include: AdvantageGo, Centric Consulting, Cloverleaf, Duck Creek Technologies, Guidewire Software, Information Builders, Insurity, Majesco, Sapiens, and Zensar.

Click here for the table of contents or to access the report.

Report Summary

The vendor market for data warehouse solutions specific to property/casualty insurers is maturing. This report provides an overview of the data warehouse solutions currently available to North American property/casualty insurers. The report contains profiles of ten vendor solutions, summarizing the vendor organization, technology used, differentiators, client base, lines of business supported, deployment options, implementation approaches, upgrades/enhancements, and key functionality.

Click here for the table of contents or to access the report.

About Novarica

Novarica helps more than 100 insurers make better decisions about technology projects and strategy through retained advisory services, published research, and strategy consulting. Its knowledge base covers trends, benchmarks, best practices, case studies, and vendor solutions. Leveraging the expertise of its senior team and more than 300 CIO Research Council members, Novarica provides clients with the ability to make faster, better, more informed decisions. Its consulting services focus on vendor selection, custom benchmarking, project checkpoints, and IT strategy. For more information, visit www.novarica.com.

Source: Novarica