A key use of QlikView is in the underwriting department for motor insurance and the analysis of sales figures. AlfaStrakhovanie Group offers dozens of motor insurance products. One of the top reasons that QlikView was implemented is because of the big need that the motor insurance underwriters had for analysis. Previously this was done in Microsoft Excel and Access, which incurred significant labor costs and did not provide a full view of the information landscape. QlikView, within seconds, provides information on loss ratios with dozens of variables such as the car’s make, model, age, the driver’s age and driving experience and the type of insurance product. The department receives the information required for making decisions related to tariff rates and insurance conditions, in real-time.“From the very beginning of this project, AlfaStrakhovanie Group’s approach to the development of BI in the company has been very strategic,” commented Andrey Krasnopolsky, General Manager, Consulting Group ATK. “The stage of extending the analytical functionality in the company has lasted almost for three years, and today they have launched a dynamic expansion of analytics that will give them a new impetus to the expansion on the insurance market.” “AlfaStrakhovanie Group is one of many recent customers that prove the value of QlikView as an enterprise solution. This is especially impactful from a company like AlfaStrakhovanie, which serves millions of customers and hundreds of thousands companies,” said Alexey Artemenko, Regional Director at QlikTech in Russia and the Commonwealth of Independent States (CIS). “As more organizations throughout Russia become increasingly competitive in the global marketplace, they will want to follow in AlfaStrakhovanie Group’s footsteps and move beyond basic reporting to self-service Business Discovery. We look forward to expanding the reach of QlikView in the region.” About QlikTech QlikTech (NASDAQ: QLIK) is a leader in Business Discovery—user-driven Business Intelligence (BI). Its QlikView Business Discovery solution bridges the gap between traditional BI solutions and inadequate spreadsheet applications. The in-memory associative search technology QlikTech pioneered created the self-service BI category, allowing users to explore information freely rather than being confined to a predefined path of questions. Appropriate from SMB to the largest global enterprise, QlikView’s self-service analysis can be deployed with data governance in days or weeks. The QlikView Business Discovery platform’s app-driven model works with existing BI solutions, offering an immersive mobile and social, collaborative experience. Headquartered in Radnor, Pennsylvania, QlikTech has offices around the world serving approximately 26,000 customers in over 100 countries.
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