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Cognos maps insurance BI

Business intelligence (BI) firm Cognos has developed a performance solution for the insurance industry.

Business intelligence (BI) firm Cognos has developed a performance solution for the insurance industry.

The Cognos Insurance Product Performance Blueprint is designed to help companies optimise forecasting and reporting of business segment and insurance product profitability.

The vendor said the solution, developed with Australian insurance group Suncorp, enabled firms to create income statements and balance sheets at a business segment level, by product line, product and brand.

The blueprint is anchored on Cognos 8 Planning and Cognos 8 BI.

"The Cognos Insurance Product Performance Blueprint offers an industry-validated, best practices vision of what forecast and profitability models should look like, providing insurers and valuable place to start their Cognos performance management journey," said Laurence Trigwell, senior director of financial services at Cognos.

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