Linkage 360 enables a holistic view of a prospective insured.
Boston, MA (PRWEB) April 30, 2010
Market and intelligence assessment tools, and the ability to integrate market and customer information, are now being made relevant and available to insurance companies. Both once the sole domain of the banking industry, the expansion into insurance comes today with the announcement of an alliance between Structured Stream LLC and Oxxford Information Technology.
Market and intelligence assessment tools, and the ability to integrate market and customer information, are now being made relevant and available to insurance companies. Both once the sole domain of the banking industry, the expansion into insurance comes today with the announcement of an alliance between Structured Stream LLC and Oxxford Information Technology, Ltd.
Structured Stream is an insurance business intelligence, data solutions and analytic services company that focuses on helping insurers construct the business intelligence and business development systems that are keys to sustainable revenue flows. Structured Stream has incorporated into its web-based solutions the potent market insight and analysis tools developed by Oxxford, along with mapping capabilities.
Once an insurer has completed their market analysis work and identified their target market selection, Linkage 360, a key Oxxford-powered tool being deployed by Structured Stream, can link businesses to their owner’s individual consumer record, or vice versa. This singular capability provides a 360 degree view of account potential and is sure to prove a powerful cross-selling tool for insurers. Linkage 360 records may also include the ability to identify home-based businesses, OSHA inspections, and several unique exposure and financial risk factors, among other things.
Oxxford powers its data and product offerings with cross-linked databases affectionately called “Bizzilla.” Derived from over 70 public, proprietary and third-party sources, Bizzilla can provide a total view of a business through several dimensions. More than 35 million public and private company records for both analytical and contact purposes are included. These represent almost 97% of all operating companies in the US.
“While many carriers capture information by function or line of business, Structured Stream helps organize that information from a customer relationship perspective,” said Jim Hearn, Structured Stream partner. “Doing so lets companies make the strategic decisions that will truly power their business. Linkage 360 is an integral piece of this process since it enables a holistic view of that insured.”
Cliff Brundage, Oxxford Executive Vice President, said, “Oxxford has long been recognized as a valuable resource in the banking industry and we’ve understood that what we have to offer could be valuable for the insurance industry. We needed the insurance industry expertise to assist us in understanding how to make the tools work as well in insurance as they do in banking. We’re confident that with the knowledge of Jim, Deb and the rest of the Structured Stream team, the Oxxford tools will prove equally valuable to insurers. We are thrilled to have them with us in this alliance.”
Structured Stream is headed by industry veterans Deb Cooper and Jim Hearn, and is also supported by other long-term industry veterans. Cooper is a 15-year veteran with Fidelity Investment and Liberty Mutual Insurance. Hearn has spent 20 years working for and selling to insurers following ten years at D&B.
About Structured Stream
Structured Stream LLC (http://www.structuredstream.com ) focuses on helping companies in the insurance arena construct the systems for business intelligence and business development that are keys to maintaining sustainable revenue flows. Structured Stream possesses an extensive and growing range of product and service solutions and features high-touch client support. It also provides a “guild-like” network of strategic partners with whom it has personal working knowledge and can call upon to broaden its solutions. Structured Stream is based in Boston, Massachusetts. For more information about Structured Stream solutions and services, contact Jim Hearn at 860-974-2306.
About Oxxford Information Technology
Oxxford Information Technology (http://www.oxxfordinfo.com) is headquartered in Hagaman, New York. It’s distinctive position in the information services space results from unique content and analytical assets acquired through 25 years of client engagements with the top firms in their respective industries. Oxxford’s customer base includes many of the major banks, financial service companies and Fortune 500 companies, many with whom Oxxford has had ongoing relationships for many years.