March 21, 2021 – Kaboodle, a provider of smart data solutions for the P&C insurance industry is now powering smart data analytics for an innovation-focused MGA.
The MGA specializes in catastrophe-prone property markets serving 14 coastal states. In March, it went live with Kaboodle Analytics for Insuresoft Diamond Claims, a Kaboodle ecosystem partner.
Kaboodle Analytics provides real-time insights throughout the entire claims lifecycle with filtering capabilities fully integrated down to the claim level of the Insuresoft Diamond Claims system.
Kaboodle Analytics can be configured for any type of visualization, from heat maps to scatter plots. A subject matter expert can put all the measures and dimensions into the hands of business leaders for an unlimited views and reports. Users can generate and schedule reports using an ad-hoc query. They can also export them in numerous formats. With Kaboodle Analytics, insurers can make fact-based decisions and proactively respond to critical events.
“Combining Kaboodle data solutions with claims solutions from ecosystem partners like Insuresoft has allowed us to rapidly deploy insights that help our customers meet the demands of the ever-changing marketplace, and continuously improve the customer experience,” says Kaboodle President, Jeff Brown.
Kaboodle is an insurance collaborative that helps insurers and insurtechs capture data from disparate sources, merge it in a single source of truth and harvest actionable intelligence. Kaboodle’s solution includes a Data Hub; Operational Analytics; Advanced Analytics for Claims, Underwriting and Actuarial; and ETL services. Kaboodle solutions provide valuable insight to P&C insurance carriers, TPAs and MGAs, enabling fact-based and data driven decisions. To learn more, visit www.kaboodleteam.com.