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How Open Source Analytics can support
better strategic decisions
Complex customizable dashboards in a
matter of hours for real time business
overview
Implemented Examples in Insurance
• Real time analytics
• Computing complex KPIs structure
• Ability to drill down and micro segment (open-ended
dimensions, dashboards with tens of dimensions for drilling)
• Migration from Excel to online dashboards
• Business Intelligence for:
• Real-time view of business status and trends
• Understanding departments, agencies, brokers and
agents performance
• Upselling & Cross selling new products
• Churn reduction
Requirements
Examples of requirements that can be easily solved
by using open source analytics
BI Model = RAW Data Model Entities
enriched with
• Client KPIs
• Client - Insured Object KPIs
• Client - Insured Object - Policy Type
KPIs
+ a lot of monthly statistics at various
levels:
• Department
• Location
• Agents
• Insurance Product
• Insurance Company
Input RAW Data Model
• Clients
• Offers
• Policies
• Rates
• Payments
• Insurance Objects
• Departments
• Locations
• Agencies
• Agents
What BI means for an issuance broker?
• In the following slide we will present some Policy Dashboards that we implemented for
some of our customers
• As long as you have the data within your system, your company information could be
easily extracted into customizable dashboards
• You can choose from 140+ different dimensions to drill down on
• Imagine building an OLAPCube for it …
SAMPLE DASHBOARDS
ANALYTICS APPLIED &
Income Structure Dashboard
You can structure the polity type in various form by using hundreds of different dimensions,
per policy type, per insurer, per department, per location, per agent, per broker, etc
Customer behavior
You can define various parameters, such as preferred agents, the months with the most
customer visits, preferred location, average period between two customer interactions, etc
Income per location
You can structure the information per year, per monthly, per location, per availability period,
per client type, per status, etc
Due payments history
You can structure the information per year, per monthly, per type of policy, per location, per
income level, per type of person, per validity period, etc
Policy expiry date
You can structure the information per type of business, per location, per customer income level,
per type of customer, per validity period, per agent, per agent type, etc
Possible architecture
Broker BI
Pig
Hadoop
Kibana Elasticsearch
NGINX
Analyze
ESJDBC
Rirver
Operational Sistem
Operational Sistem
Operational Systems
Orchestrate KPI calculation
Azkaban
• Based on BI index
• Nightly completely BI index
constructions
• A lot of computed KPIs and
correlated variables included
• ~100 Pig scripts building up BI
index
• End user does not observe
processing (using elasticsearch
alias to point to newly build active
BI index)
• Based on near real
time index
• Raw data
• Multiple data
sources
• Unified view for
the entities
Analytics availability
near real time index BI index
• Understand	
  	
  technology	
  advantages:	
  replace	
  OLAP	
  cube	
  with	
  
search	
  indexes	
  
• Use	
  HW	
  resources:	
  brute	
  force	
  	
  with	
  map-­‐reduce	
  
• De-­‐normalization to	
  do	
  analytics	
  on	
  ES
• Small	
  work	
  processing	
  units:	
  pig	
  scripts	
  /	
  map	
  reduce	
  takes	
  time	
  
to	
  execute	
  and	
  are	
  hard	
  to	
  debug.	
  
• Test,	
  monitor	
  and	
  orchestratewith	
  Azkaban
• Google	
  it	
  
What is the recommended development strategy
EURO IT GROUP
ABOUT
• Broad	
  experience	
  in	
  delivering	
  complex	
  services	
  and	
  solutions	
  that	
  integrate	
  sales,	
  
marketing,	
  customer	
  service	
  and	
  other	
  processes	
  to	
  large	
  insurers	
  and	
  brokers
• We	
  have	
  developed	
  and	
  successfully	
  deployed	
  a	
  complete	
  insurance	
  solution,	
  with	
  
modular	
  architecture,	
  available	
  on	
  premise	
  &	
  on	
  Cloud,	
  bi-­‐directional	
  integrated	
  
with	
  SAP,	
  Microsoft	
  &	
  Oracle
EITG Insurance expertise
INSURANCE EXPERTISE
• Website/intranet	
  development	
  
• Self	
  service	
  portals	
  
• Online	
  policy	
  selling	
  
• Online	
  claims	
  management	
  
• Enterprise	
  e-­‐learning	
  and	
  intranets
• Employee	
  management &	
  training	
  	
  
• operations	
  support	
  systems	
  development	
  
and	
  deployment
• Mobility:
• Mobile	
  apps	
  development,	
   SFA,	
  document	
  
management
• Big	
  data	
  and	
  BI	
  solutions
• CRM/	
  Sales	
  Force	
  Automation	
  
• Business	
  Process	
  Management	
  
EITG SOLUTION
• Product management
• Policy Management
• Accounts & intermediaries
• Underwriting
• Actuarial reports
• Billing and collection
• Financial Accounting
• Reinsurance
Value proposition
Euro IT Group Triple Expertise
• We have broad experience in developing end to end, user friendly mobile
applications for the insurance industry.
• Below a use case of sales productivity applications we have developed for
several insurance customers
E2E SALES MOBILITY IN INSURANCE
From paper in your hand, to smartphones --
to the data on the server
BIOMETRIC SIGNATURE – Capture
handwritten signatures o signature pads,
smartphones and tablets
Real-Time Customer and Employee
Identification & BIOMETRIC
VERIFICATION based on a signature
OPTICAL CHARACTER
RECOGNITION–
Reduce administrative
work and improve data
quality and sales
efficiency. Combat
human error.
Our delivery locations
All	
  locations	
  in	
  Central	
  and	
  Eastern	
  Europe
Refreshing,	
  open,	
  approach	
  to	
  client	
  engagement	
  and	
  project	
  delivery
Daily	
  direct,	
  3	
  
hour,	
  flights
2	
  hours	
  time	
  
difference	
  to	
  UK
Access	
  to	
  world	
  
class	
  talent
High	
  quality	
  
English	
  speakers
Euro	
  IT	
  Group	
  will	
  combine	
  the	
  relevant	
  elements	
  of	
  our	
  expertise	
  and	
  experience	
  to	
  deliver	
  business	
  
solutions	
   for	
  your	
  needs.
This	
  engagement	
  model,	
  with	
  its	
  flexibility	
  and	
  adaptability,	
  means	
  we	
  are	
  ideally	
  placed	
  to	
  solve	
  any	
  
application	
  related	
  problem	
  as	
  your	
  IT	
  specialist.
Our	
  core	
  services	
  and	
  core	
  technologies	
  are	
  the	
  building	
  blocks	
  on	
  which	
  our	
  solutions	
   are	
  built.
ENGAGEMENT MODEL
EXPERTISE &
We	
  offer	
  discrete	
  solutions	
  to	
  known	
  business	
  challenges	
  and	
  build	
  bespoke	
  solutions	
  for	
  your	
  specific	
  requirements.
Our	
  delivery	
  models	
  encompass	
  the	
  full	
  range	
  of	
  development	
  options	
  and	
  our	
  ability	
  to	
  engage	
  from	
  nearshore	
  with	
  
UK	
  presence,	
  as	
  required,	
  gives	
  you	
  full	
  control	
  over	
  costs.
We	
  offer	
  a	
  refreshing	
  approach	
  to	
  commercials,	
  enabled	
  by	
  our	
  unique	
  structure.
Our	
  final	
  building	
  block	
  to	
  deliver	
  the	
  right	
  business	
  solutions	
  for	
  you	
  is	
  in	
  depth	
  knowledge	
  of	
  your	
  industry	
  sector.	
  
This	
  means	
  we	
  talk	
  your	
  language	
  and	
  understand	
  the	
  business	
  impact	
  of	
  our	
  solution.	
  	
  	
  	
  
Banking Insurance
HourlyT&M
Application
Development
.NET, Java,  PHP/LAMP,  C/C++
Amazon, Windows  Azure, Salesforce
Ios, Android,Windows  Phone,  Blackberry,  HTML5
Ruby  on Rails, Python,  Embedded Software,
Databases, Sharepoint,  SAP, Microsoft, Oracle,
Other Technologies
Application
Testing
Application
Support
IT
Consultancy
Project
Management
Business
Analysis
Fixed Price
Nearshore
Agile
System Integration
Information Security
EnterpriseMobility
Web Applications
CRM  &Loyalty
MobileApplications
BusinessIntelligence
Cloud Strategy
eCommerce  Development
Cloud Migration
Big  DataConsultancy
Big  Data  Dashboards
Iterative Waterfall Prototyping
Onshore Combined
SLA  driven
Team
Augmentation
Dedicated
Team
Leasing ITC Retail eCommerce Travel Healthcare Media
B U S I N E S S S O L U T I O N S
Industry
Expertise
Commercial
Models
Engagement
Models
Delivery
Models
Discrete
Solutions
Core
Technologies
Core
Services
CONSOLIDATED
NEARSHORING
office@euroitgroup.com
Check our Insurance Industry Trends Slide Decks
here

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Insurance - Open Source Analytics Dashboards for Real Time Business Overview

  • 1. How Open Source Analytics can support better strategic decisions Complex customizable dashboards in a matter of hours for real time business overview Implemented Examples in Insurance
  • 2. • Real time analytics • Computing complex KPIs structure • Ability to drill down and micro segment (open-ended dimensions, dashboards with tens of dimensions for drilling) • Migration from Excel to online dashboards • Business Intelligence for: • Real-time view of business status and trends • Understanding departments, agencies, brokers and agents performance • Upselling & Cross selling new products • Churn reduction Requirements Examples of requirements that can be easily solved by using open source analytics
  • 3. BI Model = RAW Data Model Entities enriched with • Client KPIs • Client - Insured Object KPIs • Client - Insured Object - Policy Type KPIs + a lot of monthly statistics at various levels: • Department • Location • Agents • Insurance Product • Insurance Company Input RAW Data Model • Clients • Offers • Policies • Rates • Payments • Insurance Objects • Departments • Locations • Agencies • Agents What BI means for an issuance broker?
  • 4. • In the following slide we will present some Policy Dashboards that we implemented for some of our customers • As long as you have the data within your system, your company information could be easily extracted into customizable dashboards • You can choose from 140+ different dimensions to drill down on • Imagine building an OLAPCube for it … SAMPLE DASHBOARDS ANALYTICS APPLIED &
  • 5. Income Structure Dashboard You can structure the polity type in various form by using hundreds of different dimensions, per policy type, per insurer, per department, per location, per agent, per broker, etc
  • 6. Customer behavior You can define various parameters, such as preferred agents, the months with the most customer visits, preferred location, average period between two customer interactions, etc
  • 7. Income per location You can structure the information per year, per monthly, per location, per availability period, per client type, per status, etc
  • 8. Due payments history You can structure the information per year, per monthly, per type of policy, per location, per income level, per type of person, per validity period, etc
  • 9. Policy expiry date You can structure the information per type of business, per location, per customer income level, per type of customer, per validity period, per agent, per agent type, etc
  • 10. Possible architecture Broker BI Pig Hadoop Kibana Elasticsearch NGINX Analyze ESJDBC Rirver Operational Sistem Operational Sistem Operational Systems Orchestrate KPI calculation Azkaban
  • 11. • Based on BI index • Nightly completely BI index constructions • A lot of computed KPIs and correlated variables included • ~100 Pig scripts building up BI index • End user does not observe processing (using elasticsearch alias to point to newly build active BI index) • Based on near real time index • Raw data • Multiple data sources • Unified view for the entities Analytics availability near real time index BI index
  • 12. • Understand    technology  advantages:  replace  OLAP  cube  with   search  indexes   • Use  HW  resources:  brute  force    with  map-­‐reduce   • De-­‐normalization to  do  analytics  on  ES • Small  work  processing  units:  pig  scripts  /  map  reduce  takes  time   to  execute  and  are  hard  to  debug.   • Test,  monitor  and  orchestratewith  Azkaban • Google  it   What is the recommended development strategy
  • 14. • Broad  experience  in  delivering  complex  services  and  solutions  that  integrate  sales,   marketing,  customer  service  and  other  processes  to  large  insurers  and  brokers • We  have  developed  and  successfully  deployed  a  complete  insurance  solution,  with   modular  architecture,  available  on  premise  &  on  Cloud,  bi-­‐directional  integrated   with  SAP,  Microsoft  &  Oracle EITG Insurance expertise INSURANCE EXPERTISE • Website/intranet  development   • Self  service  portals   • Online  policy  selling   • Online  claims  management   • Enterprise  e-­‐learning  and  intranets • Employee  management &  training     • operations  support  systems  development   and  deployment • Mobility: • Mobile  apps  development,   SFA,  document   management • Big  data  and  BI  solutions • CRM/  Sales  Force  Automation   • Business  Process  Management   EITG SOLUTION • Product management • Policy Management • Accounts & intermediaries • Underwriting • Actuarial reports • Billing and collection • Financial Accounting • Reinsurance
  • 16. Euro IT Group Triple Expertise
  • 17. • We have broad experience in developing end to end, user friendly mobile applications for the insurance industry. • Below a use case of sales productivity applications we have developed for several insurance customers E2E SALES MOBILITY IN INSURANCE From paper in your hand, to smartphones -- to the data on the server BIOMETRIC SIGNATURE – Capture handwritten signatures o signature pads, smartphones and tablets Real-Time Customer and Employee Identification & BIOMETRIC VERIFICATION based on a signature OPTICAL CHARACTER RECOGNITION– Reduce administrative work and improve data quality and sales efficiency. Combat human error.
  • 18. Our delivery locations All  locations  in  Central  and  Eastern  Europe Refreshing,  open,  approach  to  client  engagement  and  project  delivery Daily  direct,  3   hour,  flights 2  hours  time   difference  to  UK Access  to  world   class  talent High  quality   English  speakers
  • 19. Euro  IT  Group  will  combine  the  relevant  elements  of  our  expertise  and  experience  to  deliver  business   solutions   for  your  needs. This  engagement  model,  with  its  flexibility  and  adaptability,  means  we  are  ideally  placed  to  solve  any   application  related  problem  as  your  IT  specialist. Our  core  services  and  core  technologies  are  the  building  blocks  on  which  our  solutions   are  built. ENGAGEMENT MODEL EXPERTISE &
  • 20. We  offer  discrete  solutions  to  known  business  challenges  and  build  bespoke  solutions  for  your  specific  requirements. Our  delivery  models  encompass  the  full  range  of  development  options  and  our  ability  to  engage  from  nearshore  with   UK  presence,  as  required,  gives  you  full  control  over  costs. We  offer  a  refreshing  approach  to  commercials,  enabled  by  our  unique  structure. Our  final  building  block  to  deliver  the  right  business  solutions  for  you  is  in  depth  knowledge  of  your  industry  sector.   This  means  we  talk  your  language  and  understand  the  business  impact  of  our  solution.         Banking Insurance HourlyT&M Application Development .NET, Java,  PHP/LAMP,  C/C++ Amazon, Windows  Azure, Salesforce Ios, Android,Windows  Phone,  Blackberry,  HTML5 Ruby  on Rails, Python,  Embedded Software, Databases, Sharepoint,  SAP, Microsoft, Oracle, Other Technologies Application Testing Application Support IT Consultancy Project Management Business Analysis Fixed Price Nearshore Agile System Integration Information Security EnterpriseMobility Web Applications CRM  &Loyalty MobileApplications BusinessIntelligence Cloud Strategy eCommerce  Development Cloud Migration Big  DataConsultancy Big  Data  Dashboards Iterative Waterfall Prototyping Onshore Combined SLA  driven Team Augmentation Dedicated Team Leasing ITC Retail eCommerce Travel Healthcare Media B U S I N E S S S O L U T I O N S Industry Expertise Commercial Models Engagement Models Delivery Models Discrete Solutions Core Technologies Core Services