The Need for Business Intelligence in Insurance Organizations

The Need for Business Intelligence in Insurance Organizations

Understand the importance of Business Intelligence (BI) for insurance organizations

The case examines the need for Business Intelligence (BI) systems to support organizational processes. It throws light on the advantages of tapping information stored in corporate databases for managing business processes. The case explores the need for creating a Business Intelligence (BI) environment and a framework for managing information. It discusses the use of Decision Support Systems (DSS) for improving the efficiency of operations of insurance firms. The case also examines the use of Online Analytical Processing Tools (OLAP) by insurance organizations.    

Issues:

» Understand the importance of Business Intelligence (BI) for insurance organizations

» Understand the use of various decision support tools by insurance organizations

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