SNL iPartners Extends its Cloud Based P&C Insurance Business Analytics Solution with On-Premise Option

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SNL iPartners’ hosted business intelligence and data warehousing solution now available for deployment behind the insurer’s firewall.

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Combining our long track record of success and deep knowledge of the P&C industry, with a hosted service delivered in the cloud or on-premise offers what we believe to be a first of its kind offering in the insurance industry

SNL iPartners, a division of SNL Financial, provides on-demand P&C insurance business analytics solutions, today announced the introduction and immediate availability of the on-premise deployment of its business intelligence (BI) and data warehousing solution. SNL iPartners is leveraging its more than 10 years of success of the cloud deployment of its solution, now making it available to those insurers preferring implementation behind their firewall.

The on-premise offering is a managed service with SNL iPartners providing remote support. The on-premise solution was built using the identical platform as is deployed in the cloud. All the SNL iPartners software and services included in the P&C cloud solution are built into the new on-premise option. The proven delivery model remains the same with a one-time set up fee plus a monthly subscription fee.

With an on-premise implementation of SNL iPartners’ business intelligence (BI) and data warehousing solution, insurers gain the benefit of the maturity of the SNL iPartners’ data model, reports and tools; which have been supporting P&C insurers in production environments for over a decade. Today, the model supports 95 lines of business including commercial and personal lines, workers’ compensation, and a wide range of specialty lines.

Nick Bhatt, CIO with Companion Property & Casualty Group, commented on SNL iPartners’ new offering, saying, “Keeping the data behind the firewall may be a corporate requirement for some insurers, making the on-premise option with SNL iPartners ideal in those situations. The added benefit of the on-premise option is that insurers have access to the SNL iPartners data model on-site, giving them the flexibility to use a broad set of query tools they have available to compliment other data needs they may have.”

Included in SNL iPartners’ managed service for the on-premise solution:

  • Complete implementation services including loading and validation of the source systems;
  • An extensive library of BI best practice dashboards, reports and analytics;
  • Access to SNL iPartners’ mature and proven P&C data model; and
  • 24x7 availability of SNL iPartners’ Help Desk.

SNL iPartners Senior Director Robert Lasher, noted, “SNL Financial has a strong track record delivering an on-premise option with its SNL Banker solution. SNL Banker has been implemented in over 50 banks utilizing the same technology SNL iPartners has deployed in the cloud. It was a logical next step for SNL iPartners to leverage this successful delivery approach. We are now able to deliver the identical solution and support services we have been offering in the cloud to those insurers preferring to maintain their data on-site.”

Lasher continued, “Combining our long track record of success and deep knowledge of the P&C industry, with a hosted service delivered in the cloud or on-premise offers what we believe to be a first of its kind offering in the insurance industry.”
SNL iPartners’ business intelligence & data warehouse solution is an easy-to-use self-service solution designed specifically for the P&C industry. The suite is built around an insurance specific data model and offers a complete analytics solution, including a data warehouse, performance management dashboards and scorecards, ad-hoc detailed analysis, production reporting, and drill to detail.

About SNL iPartners
SNL iPartners, a division of SNL Financial, provides on-demand operational reports and analytics to P&C insurance companies, enabling executives to make high quality, proactive decisions using accurate, relevant data through a suite of customized dashboards and P&C-specific key performance indicators, delivered either on-premises or in the cloud. SNL iPartners clients now have the ability to combine their company's internal data with excellent SNL industry benchmarking and peer analytics data to create new business insights and more actionable information. For more information on SNL iPartners, please call toll free: 888.618.8360, visit the website: SNLiPartners.com, or email: SNLiPartners(at)snl(dot)com.

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Christina Twomey
SNL Financial
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