Many claim organizations have an abundance of data at their fingertips, but are unable to use it effectively because it is not aggregated into a single, unified repository. Claim Insights’ Management Information Warehouse solves that dilemma by taking selected data from many sources and combining it into one customized Data Mart. Now powerful analytical studies can be completed and distributed within a claim organization through powerful, yet concise reports.
"Right Data... Right Decisions"
Successful claim data analytics requires the trust of everyone using the data. Claim Insights uses automated processes to ensure that the data moved from Source to Destination is complete, accurate and consistent. This process yields strong business intelligence on which to base the right decisions. Claim Insights takes this problem very seriously. As such, it has devised a means of normalizing and cleansing the data so that what goes in provides factual data coming out. This process yields strong business intelligence on which to base the right decisions.
Claim Insights uses a scalable, enterprise database management system that adheres to industry standards and designs its data marts and mining models utilizing industry best practices and models. Data marts are designed utilizing industry standard dimensional modeling techniques. Data mining models are built utilizing the CRISP-DM methodology. The integration layer is built on industry best-practices and a robust enterprise-class toolset that supports meta-data tracking and data lineage among other features. The data management system is designed to provide not only the scalablity, performance and security demanded by Claim Insight's clients but also achieves this with a set of tools and practices that allow for consistent rapid modification, testing and deployment.
Predictive modeling explores cost and business drivers, creates special studies, and identifies target variables. We help companies advance from claims processors to powerful claims management organizations.