Co-operative Insurance Companies Selects iPartners’ Insurance Scorecard

ATLANTA--(BUSINESS WIRE)--iPartners, the leading provider of Software as a Service (SaaS) business analytics solutions to the property & casualty (P&C) insurance industry, today announced that Vermont based Co-operative Insurance Companies (Co-op) has chosen iPartners’ Insurance Scorecard. The solution coupled with iPartners’ Software as a Service (SaaS) model provides a rapid and cost-effective delivery which will enable Co-op to achieve quick-to-value “in production” business intelligence (BI) and robust reporting capabilities.

“We were also excited about their business model, which has us provide data, but has iPartners doing all the heavy lifting.”

In its strategic planning process, Co-op identified a need to improve the quality and depth of information being provided to its executives to provide greater visibility into the business and better decision making. Without the in house BI expertise or available staff, Co-op opted to look outside of the organization. iPartners was chosen due to its reputation for both business intelligence and property & casualty industry expertise, combined with the proven Insurance Scorecard solution.

The implementation of iPartners’ Insurance Scorecard will benefit Co-op by:

Providing a wide range of analytics and robust reporting across the entire enterprise;
Enabling executives to easily access detailed and timely information and insight into the business; and
Presenting information and analysis in an easily usable format to allow for knowledge-based business decisions.

“We have been thinking about improving our BI capabilities for some time. We set up a demo with iPartners and were very impressed with their capabilities. The fact that they had broad experience with our particular policy management system, CSC’s Point System, clinched the deal,” said Dave Tatlock, Co-op’s CFO. “We were also excited about their business model, which has us provide data, but has iPartners doing all the heavy lifting.” We look forward to a long and successful partnership with iPartners.”

“It is very gratifying to be recognized by Co-operative Insurance Companies for our past achievements in both business intelligence and the insurance industry. Our plan is to keep our focus solely in the insurance space so that we can maintain and grow our reputation as the premier BI solution provider to insurers,” commented Robert Lasher, iPartners founder and CEO. “This singular focus enables us to deliver the best possible products and services to our growing family of insurer clients.”

iPartners’ Insurance Scorecard Business Intelligence solution is an easy to use SaaS solution designed specifically for the P&C industry. The suite offers a complete analytics solution including: insurance specific data warehouse, performance management dashboards and scorecards, ad-hoc detailed analysis, production reporting, and drill to detail.

About Co-operative Insurance Companies

Co-op is a $60 million property casualty insurance company writing business throughout Vermont and New Hampshire. Specializing in farms, rural properties and small commercial risks, Co-op has been providing financial security to its policyholder members since 1915 from its home office in Middlebury, Vermont.

About iPartners

As the industry leading provider of ‘on demand’ P&C insurance business analytics solutions, iPartners enables insurance executives to make higher quality and more timely decisions – the true measure of an insurance executive’s productivity - by delivering accurate, up-to-date, easy-to-use and relevant data via a suite of customized dashboards, scorecards, and a library of P&C specific KPIs (key performance indicators). Delivered via Software as a Service (SaaS), iPartners currently services over 35 customers and processes over 15 million policies representing over $12 billion in premiums. For additional information visit www.iPartners.net or call 888.618.8360 ext 230.