The packaged application is based on Information Builders’ flagship WebFOCUS reporting platform and a new Insurance Reporting Foundation (IAF) – which includes an insurance data model, predefined data extraction logic for scheduled updates to the database, KPIs and a set of parameterized reports.
The IAF embeds best practices gleaned from BearingPoint’s insurance practice and will initially be marketed at property and casualty insurance firms. Officials at New York-based Information Builders say it is the first in a series of new vertical applications planned for this year.
