Health Insurance industry has developed its own set of performance indicators which predict the effectiveness of a company's strategies. KPIs can be categorized from the perspective of Finance, Operations, Customers and Service.

Financial performance in this domain can be monitored by the premiums earned, IRR, amount of funds under management and the figures for operating profits.

Operations which include the number of health policies sold, value of these policies, number of policies renewed and premiums paid out as the measurement.

Customer perspective essentially deals with the efficiency and convenience of services provided to the customers. This can be counted by the number of customers, risks covers provided to them, number of complaints and the accessibility of company's products to the customers in rural areas. In the Service category the indicators give an idea of quality of service which can be assessed by the number of claims processed, claims ageing, average processing time and processed hearings.

There are many customers of TEAM who operate in Health insurance domain have shown interest in our DAR solution implemented for P&C and Life Insurance. We are in implementation of QlikView DAR solution for HEALTH Insurance companies which will help them to analyze health plan effectiveness, costs, and utilization.

Our ability in developing the enterprise wide strategic BI system has already been proved by the accolades TEAM received from Insurers that have partnered with us. We would be pleased to showcase our DAR solution by arranging an exclusive webinar for you.