Insurance companies concurrently use many different data sources to manage their business.
There are various sales, accounting, CRM or claim solutions as well as many internal Excel worksheets distributed on Sharepoint or over email that contain all this data. It takes precious time and resources to reason over all this information, and to turn it into insights that can help the management to understand the company market situation and to act in a timely manner.
Often this effort takes too much time of executives and insurance companies are not using the potential of data they have to win in an increasingly more competitive and fast market.

Key business questions top decision makers ask on a frequent basis are:
- Do I meet my targets?
- How do my sales channels perform?
- Which products and sales units bring me the most APE?
- What is my product new business vs. lapse trends?
- What is my outlook?
- How do we perform compared to market and competitors?
 
Solution
Using Power BI, Clouds On Mars combines and transforms data from multiple sources to provide a complete executive dashboard for an insurer. Now you can easily track all of your KPIs, see trends in your business and understand how you perform against the market. The solution is easily extensible with your own set of metrics that best fit your business, and implementation project lasts only few weeks. It is built with Power BI and immediately available in a secure manner on your PC, tablet and phone, for you and your teams in your office or over skype.