InsFocus BI
About InsFocus BI
InsFocus BI is an insurance rating software designed to help businesses analyze historical data and generate customizable reports using built-in templates. Administrators can capture and store details regarding claimants, claims, policies, insurance, and more on a centralized dashboard.
The platform enables managers to embed insurance calculations within existing templates to assess claim reserves’ run-off and renewal activities. InsFocus BI also offers drill-through capability, which allows supervisors to gain insights into insurance coverage levels and policy details.
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- Used Daily for 2+ years
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
I have been working with the software for 10 years, in general insurance. I use the software...
Reviewed on 2018/05/06
Pros
The software is easy and convenient to use. You can create reports at the macro level and down to the micro level. The data is accessible and the analysis of the data is very easy. The software helps in ongoing business management. It enables you to receive current reports via email, and to view them from anywhere.
Professional staff in support of software. Treatment of malfunctions, if any, is done professionally and quickly.
Cons
In order to use the software effectively, all data and parameters used must be accurately defined. The running speed of the software depends on the server of the purchasing company. If you do not invest in a quality server, the speed can be slow. Despite this, compared with other systems of BI, the speed is high and satisfactory.
- Industry: Insurance
- Company size: 201–500 Employees
- Used Daily for 2+ years
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 9.0 /10
Best experience in the Shortest time!
Reviewed on 2017/01/17
Implemented the system giving precise reports and dashboards solutions for all LOB's in the non...
Implemented the system giving precise reports and dashboards solutions for all LOB's in the non life business in less than a quarter time.
Creating easily Profit and loss reports, Production monitoring , Renewals, Exposures for AY/UY, Breakdowns into segmentation for underwriting needs, Claims management performance , Actuarial rate making and reserving Inc. Triangulation , Finance and RI.
Pros
Ease of use.
Precision.
Quick loading of reports.
Flexibility for users.
Cons
Need to add a statistical tool to enhance analysis.
- Industry: Insurance
- Company size: 201–500 Employees
- Used Daily for 2+ years
-
Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 9.0 /10
InsFocus review
Reviewed on 2017/01/10
We have purchased the system 3 years ago, during which we implemented it across our organizational...
We have purchased the system 3 years ago, during which we implemented it across our organizational setup. Currently, the system serves as a opertional basis for underwriting teams; as a tool for decision making level executives; and also used for advanced analysis for the actuarial department.
Pros
Fast performance, Easy to operate, Precise and accurately reflects the operating system.
Cons
I would like to improve dashboards building
Response from InsFocus Systems
Thank you Osnat for the kind review! Hachshara is a very important customer to us.
Regarding dash boarding functionality - we have taken in much of your feedback. Version 3.4 coming out in Q2/2017 will contain an impressive set of improvements for this area.
- Industry: Insurance
- Company size: 51–200 Employees
- Used Daily for 1-5 months
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 10.0 /10
The best BI software for insurance comapny's
Reviewed on 2017/01/10
he software allows me as a manager Maximum data analysis, presents trends and business development....
he software allows me as a manager Maximum data analysis, presents trends and business development. In addition to the software tool is used to control operations such as sales, marketing, underwriting, claims and dealer profitability analysis, a significant customer rules.
The service we receive is excellent, quick responses, improvements and updates and support requirements are not simple we ask from time to time.
As CEO of an insurance company decision-support tool that allows me to control daily and good decision-making skills and accurate.
Highly recommend !!
Pros
Greater flexibility in selecting the data, precise control database and the data is displayed clearly and graphs
Cons
non
Response from InsFocus Systems
Thank you Shlomo for the very kind review!
We are very happy to server Kesh International Underwriters and to be part of its success.
InsFocus BI FAQs
Below are some frequently asked questions for InsFocus BI.Q. What type of pricing plans does InsFocus BI offer?
InsFocus BI offers the following pricing plans:
- Starting from: US$5,000.00/month
- Pricing model: Subscription
- Free Trial: Available
Above is base plus per user at $ 60 /user / month
Q. Who are the typical users of InsFocus BI?
InsFocus BI has the following typical customers:
51–200, 201–500, 501–1,000
Q. What languages does InsFocus BI support?
InsFocus BI supports the following languages:
English, Hebrew, Portuguese, Spanish
Q. Does InsFocus BI support mobile devices?
InsFocus BI supports the following devices:
Q. What other apps does InsFocus BI integrate with?
We do not have any information about what integrations InsFocus BI has
Q. What level of support does InsFocus BI offer?
InsFocus BI offers the following support options:
Email/Help Desk, Phone Support, Chat
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