AI value or vanity? How SaaS companies are approaching innovation
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Case Study:

Ebix Europe

Sector: Fintech

"

Every BI vendor should do it as well as Panintelligence. Its visualisations are easy to produce and endlessly customisable. It helps us to differentiate ourselves.”
James Tyler
Business Analyst, Ebix Europe

About Ebix Europe

Ebix Europe provides insurance software that helps insurance brokers streamline their operations, enhance customer engagement, and improve efficiency.

Their innovative insurance technology products digitise the insurance process end-to-end, using data to support best practices and insightful decision-making. ‘PlacingHub’ caters for complex insurance workflow to simplify the placing process and providing brokers instant access to all their markets, while ‘ExposureHub’ allows users to understand their exposure to risk through its comprehensive reporting module, taking the most complex of policy terms into consideration.

Across the product suite, users get a unique, real-time view of their circumstances with customisable dashboards, underpinned by Panintelligence.

Meeting a data demand

“The insurance sector has been fairly slow in moving to self-serve analytics,” says James Tyler, Business Analyst at Ebix Europe. “While the use of real-time data has matured in most markets, we still have room to innovate.”

Before partnering with Panintelligence, Ebix could not provide data visualisations or real-time analytics to its customers. It offered monthly ‘data extracts’, sending spreadsheets of SQL data, wholesale.

“It worked for those customers with a BI specialist. But for the rest, there was no way of getting meaningful insights out of their data in a timely and simple-to-view way. We knew that’s what users wanted, and we wanted to make it accessible to everyone.”
James Tyler
Business Analyst, Ebix Europe

A unique solution for every user

Ebix started working with Panintelligence in 2022. Panintelligence’s intuitive, interactive dashboards opened a new opportunity for real-time, self-serve analytics.

With Panintelligence’s range of functionality, Ebix can configure dashboards to meet the needs of each customer at both an enterprise and individual level. It has already deployed these dashboards in the placing and exposure products.

“We want our customers to control the platform, not vice versa. Panintelligence puts data insights within reach of everyone, we’re bridging the gap. Users have an instant view of their business with the push of a button."
James Tyler
Business Analyst, Ebix Europe

He continues, “And crucially, they can make sense of this data entirely within our platform. Cutting out the third-party products, for every level of user, saves time and streamlines the underwriting process.”

Putting Ebix in pole position

Since implementing dashboards from Panintelligence, Ebix is seeing positive feedback from brokers and underwriters. “It’s funny,” says James, “I said how self-serve analytics aren’t universal in insurance, but as soon as people see these bold visualisations, the value clicks straight away.”

“Every BI vendor should do it as well as Panintelligence. Its visualisations are easy to produce and endlessly customisable. It helps us to differentiate ourselves.”
James Tyler
Business Analyst, Ebix Europe

In the future, Ebix will keep rolling out Panintelligence dashboards to customers and internal teams.

“We have a process of producing weekly and monthly reports for a select mailing list, sharing high-level transactional values.” says James, “That usually takes someone on our customer support team half a day each week to do.”

He continues, “Soon we will be able to schedule that with Panintelligence, sharing custom reports, weekly, monthly, automated, in perpetuity. That will save our team four or five days a month, freeing them up to deliver the best customer service. Panintelligence helps us do our best for everyone.”

Sector

Fintech
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