National Interstate Insurance Company offers insurance products and services, including alternative risk transfer programs, focused on the transportation industry. It provides insurance solutions that address the unique needs of its customers, which include passenger, moving and storage, and transportation.
"Informatica helps us make better underwriting decisions to protect our profit margins while providing sustainable coverage for customers. We also can quote more competitive rates and win more business because we truly understand the risk."
Business Need
- Collect critical data about insureds from independent agents and brokers, with minimal human intervention
- Improve customer service and profitability by making fast, intelligent underwriting decisions
Challenges
- Extract and utilize data from ACORD insurance application forms
- Gain more control over how data moves from source systems into data warehouse
Solutions & Results
- Reduced total underwriting processing time 20% to 30%
- Potential to save thousands of hours a year by reducing manual processes
- Maintaining profitability in a challenging industry with greater insight into risk
- Accelerated load times for years of historical data from seven days to ten hours
Products & Services
PowerCenter
Embrace agility with the market-leading scalable, high-performance enterprise data integration platform.
B2B Data Exchange
Modern inter-company exchange to securely and collaboratively integrate any data with partner networks.
