US-based auto-insurance company Traders Insurance has partnered with Cloverleaf Analytics to enhance real-time data capabilities to boost underwriting and claims resolution.
Cloverleaf Analytics is an insurance-ready, enterprise business intelligence (BI) and analytics solution provider.
Under the partnership, the Kansas-based insurance company will leverage Cloverleaf’s business intelligence (BI) solution for improving underwriting and claims productivity.
The BI solution empowers property & casualty (P&C) insurance firms with access to real-time analytics to discover trends and insights that help in proactive decision-making.
The solution offers customers the latest trend analysis, more than 100 pre-built reports, dashboards, alerts, and integrations with third-party data providers.
The solution, according to the tech vendor, will users make more informed decisions, create new business, and recognise an immediate return on investment (ROI).
Cloverleaf Analytics president Robert Clark said: “We can not only open doors to Traders’ internal data but provide callouts to third-party data providers which will further amplify their informed decision-making and customer service capabilities.”
Traders Insurance deals mainly in specialty auto insurance, offering affordable insurance policies to individuals and families in Arkansas, Kansas, Oklahoma and Missouri.
Traders CEO Mark Concannon said: “Our customers expect fair stable premiums delivered by a team who understand that their service makes a difference in our customers’ lives every day.
“This forms the foundation of better, faster, and more personal service. This implementation will greatly enhance our ability to assess our customers’ needs on both the policy and claims side of the business.”