BI Benefits
Explore benefits for all areas of P&C insurance
WaterStreet Business Intelligence Features
Gain access to the following powerful features for business intelligence:
-
Drill Down Capabilities and Subreports
Display behind the scenes data sets that are powering your visualizations. Dig into deeper details behind your data. Use supporting data to create subreports for targeted drill downs.
-
AI Powered Anomaly Detection
Quickly identify data disparities and trends with AI enabled insights from within your dashboard
-
Natural Language Exploration
Use Q&A to explore data and create visualizations. Link questions with data with natural language exploration to easily run snapshot reports.
-
Wide Range of Visualization Options
Choose from a variety of visualization options like funnel charts, heat maps, area charts and more.
-
Reports and Dashboards
The convenient Report Editor allows you to modify and create reports and dashboards on the fly, without extra development. OOTB Reports with 67 standard insurance operations reports included out of the box.
-
Set Goals and Alerts
Create limits and thresholds in your reports to notify you when limits are met or exceeded.
Why Business Intelligence (BI)?
The WaterStreet BI Advantage
Gain the following benefits with business intelligence:
-
Key Data Insights
WaterStreet provides many out-of-the-box reports, critical to running an insurance business effectively. Our extensive library of reports and dashboards takes advantage of a rich data model to provide reporting at levels most carriers cannot access. Quickly customize standard reports for specific needs.
-
Pre-Built Data Model for P&C Insurance
WaterStreet has brought together decades of P&C insurance expertise to architect an insurance-specific data model to meet the unique needs of P&C insurance carriers that generic horizontal BI tools do not achieve.
-
Data Source Agnostic
Using our robust ETL rules and processes, we are able to pull data from multiple data sources for a holistic visual view of operational data.
-
WaterStreet Understands Your Business
We know the challenges that carriers face in managing business because we come from the insurance industry. We have built WaterStreet BI with decades of knowledge and first-hand experiences, bringing you hundreds of insurance industry best practices.
Built with Power BI and Azure
WaterStreet Business Intelligence is built in a Progressive Web Application (PWA), using modern technology to deliver a seamless user experience:
-
Availability in Offline Mode
-
No App Install Needed
-
Simplified & Cheaper Maintenance
-
Lighter Application Improves Speed
Our fully developed API offers a rich set of web services enabling thousands of calls to be easily made to pull various data sets into the platform. We use Azure Data Factory, a cloud ETL service for scale-out serverless data integration that is enterprise data ready. The Azure Data Lake can store data of any size, shape and speed and allows for all types of processing and analytics across multiple platforms and languages.
The Azure Analytics Service (Data Cube) is a no-limits analytics job service that scales instantly and keeps costs to only what you use.
Best In Class Analytics
WaterStreet is a proud Microsoft Gold Partner and utilizes Azure platform services to deliver our Business Intelligence Solution. The WaterStreet Business Intelligence Solution uses Microsoft Power BI for best in class analytics and business intelligence capabilities.
Extract data from multiple sources as Microsoft can seamlessly integrate to any business environment. Built in the cloud, there are no memory or speed constraints.
Advance your business with the next generation of P&C insurance technology through WaterStreet Company.