Insurance Dashboard
X-Byte’s custom Power BI dashboard for insurance analytics empowers companies to make better strategic decisions by vivid visualization of insurance KPIs like policy claims frequency, net earned premiums, retention, quotes, etc.
Trusted by conglomerates, enterprises, and startups
What is an Insurance Dashboard?
Insurance dashboards enable insurance companies, and underwriters to make the right business decisions by visually representing vast business data like claim amount, the claim by month, premium amount, and customer profile, on the Insurance claims dashboard using Power BI. It unifies all internal and external processes and operations related to the business in real time and simplifies decision-making for key decision-makers.
Custom dashboards for insurance improve business efficiency by aiding in the better management of claims, fraud detection, and operation. Insurance KPI dashboards allow insurance companies to provide a better customer experience by providing visual graphs, charts, and maps of customer buying preferences, transactions, reviews, and feedback.
Live Dashboard
Make Flawless And Unbiased Insurance Decisions!
Get insurance analytics and visualize success with our Custom Power BI Dashboards for the insurance industry
Why Use an Insurance Dashboard?
X-Byte’s Insurance analytics dashboard solutions enable insurance giants in the fields of health insurance, automotive insurance, property insurance, travel insurance, etc, to quickly and accurately observe bright spots for growth. Our insurance BI solutions and customizable insurance KPI dashboards make data useful and actionable for companies.
X-Byte’s Power BI dashboard for insurance analytics enables accurate analysis of the vast amount of data within the company ecosystems improves risk management, helps strategize pricing, tracks claim settlement times, and delivers insights for improving customer satisfaction.
What are the Benefits of Insurance Dashboards?
Incorporate a customizable insurance KPI dashboard using Power BI to accelerate business decision-making, and monitor and analyze data concerning full-spectrum business KPIs like the end-to-end automated management of claims. Achieve accelerated business growth, and eliminate bottlenecks through powerful insurance dashboards.
Real-time Analysis
Adopt a “single source of truth” for analyzing your insurance business’ performance through real-time analysis for claim settlement efficiency. Expedite settlements, and track risk through interactive dashboards while ensuring financial stability through real-time premium collection insights from user accounts globally.
Centralized Information
Eliminate the hassles of managing multiple accounts globally through consolidated customer data access on Power BI dashboards. Achieve hyper-business growth through multi-channel integration of data from sales agents, online platforms, and third-party brokers, while adhering to regulatory compliance.
Report generation
Be known as a data-driven organization that harnesses the potential of the next-generation Power BI dashboards for custom claims analysis through detailed reports based on multiple data fields like demographic, claim type, etc. View anomalies and discrepancies without spending hours on analysis of data through automated fraud detection reports that flag suspicious patterns in claims. Monitor sales performance and pivot strategies for better business perspectives.
Data Visualization
Kickstart a cycle of continuous improvement through visualization of key aspects like loss ratio, and policy purchase, claim ratio through Insurance data visualization tools. Get a bird’s eye view of policy distributions and risk-prone areas on interactive maps and charts and monitor policy growth metrics through minute tracking over intelligent custom insurance dashboards.
Insurance Dashboard Examples
Insurance Claims Dashboards
Monitor end-to-end claims process right from claims volumes, the time required to process claims, trends in claims, and insight into claims cost drivers using our claims processing dashboards.
Benefits of Claims Management Dashboards
- Check trends in claims
- Manage claims efficiently
- Improve claims processing
- Track claims settlement ratio
Insurance Performance Metrics Dashboard
Track finances through a complete view of the loss ratio, return on equity (ROE), annual premiums, and sales with customized financial performance dashboards.
Benefits of Financial Performance Dashboards
- Check and pivot strategies based on trends
- Improve debt management
- Take key financial decisions
- Assess risk profiles quickly
- View financial KPIs on a single dashboard
Risk Management Dashboards
Eliminate risks related to insurance fraud, and track discrepancies in claims through intelligent and intuitive risk management dashboards.
Benefits of Risk Management Dashboards
- Better visibility into the operation
- Real-time tracking of KPIs
- Address risks based on priority
- Improved risk awareness
Sales & Service Insurance Dashboard
Check how various insurance products are performing, and customer inclination towards specific products, and monitor annual sales reports through sales and service dashboards.
Benefits of Sales and Service Insurance Dashboards
- Monitor sales growth rate
- Track total expenses and revenue
- View the performance of varied insurance products
- Monitor agent performance, referrals, and avg. Policy size.
Customer Analytics Dashboards
Know your customers like never before through insight into customer preferences, segment customers according to demographics, and gain key intelligence to bring customized products according to customer needs.
Benefits of Customer Analytics Dashboards
- Segment customers
- Predict churn
- Gain analytics for improved customer service
- Get deep insight into customer needs.
Insurance Sales Dashboard
Track business performance across the globe on intuitive insurance sales dashboards. Monitor rise or fall in insurance product sales and take quick strategic actions accordingly.
Benefits of Insurance Sales Dashboards
- Track performance in real-time
- Monitor monthly, and annual sales
- Make data-driven decisions
- Improve team Accountability
- Simplify target achievement
Contact Us Today
Visualize key insurance KPIs and claim settlement metrics on an interactive dashboard
Audience
KPIs
How to Create an Insurance Dashboard in Power BI?
Drive transparency across your business ecosystem through simplified data-backed decision-making powered by interactive Insurance dashboards. X-Byte’s team of experts develops well-designed dashboards that act as potent tools to identify and eliminate bottlenecks in the complex insurance sector. Prioritize and address top-level business goals through unified, intuitive, and interactive insurance dashboards developed with meticulous precision by experts at X-Byte.
Needs Assessment
The first phase clear understanding of the results expected from the Insurance policy dashboard and takes into account key insurance metrics like policy sales, claim settlement ratio, customer retention rate, and lead conversion time, followed by mapping these KPIs to different user roles.
Data Integration
The second phase comprises work on actual data where data from various sources like CRMs, policy administration systems, claims management systems, and customer databases are integrated. Additionally, ETL tools are used to make the best use of enterprise data.
Insurance Dashboard Development
The third phase involves the development of a customizable insurance dashboard for insurance-specific workflows and metrics with a special focus on the creation of role-specific dashboards to monitor premium growth, agent performance, customer acquisition cost, etc.
Deployment and Support
The last stage involves the deployment of dashboards on-premise or on the cloud based on the client’s existing infrastructure. In-house teams are trained on the use of dashboards and trained on navigation, filters, and reports.
