Power BI enables Life Insurance Company to accelerate time to insights by 40%

Client: Life Insurance Company

Problem Statement

The client currently lacked efficient reporting and dashboarding processes due to the complexities and restrictions of an on-premise business analytics platform. Their irregular reporting practices combined with the lack of a solid architectural support have started to impact their business performance, emphasizing the necessity for a streamlined and comprehensive reporting solution.

Key Challenges

• Lack of streamlined workflows for creating dashboards and reporting
• Multiple hierarchies on the on-premises platform impeding the drill-down capabilities
• Limited ability to thoroughly explore and analyze data for informed decision-making
• Irregular reporting practices in place causing delays and inaccuracies in decision-making and efficiency optimization

Solution Framework

• Created a solid foundational architecture based on Azure and combined it with Power BI for seamless data flow and reporting.
• Designed dashboards for multiple spectra of business users with advanced interactive capabilities like drill-down for geographics and demographics, etc.
• Specialized actionable dashboards within the Azure + Power BI solution to provide leadership and CXOs with a clear understanding of the sales and distribution department's performance.