Dimensional data analytics means market-leading business intelligence
The future is truly digital and it's powered by Sequel Data Analytics.
Combining business automation with AI and machine-learning capabilities, you can harness your competitive advantage and drive true ROI.
Out of the box data management, governance and MI solutions, gives you instant access to insights and business analysis
and supports London & Company Market insurers' operational and performance reporting requirements.
EVENT: Unlocking the power of data & analytics for insurance
The future is truly digital and it’s powered by data & analytics.
From the most basic descriptive and diagnostic analytics through to advanced predictive and prescriptive analytics, the use of data & analytics in the insurance market is enabling transformational change, efficiency and cost-saving.
We held a live demo session on the 24th May to demonstrate how Sequel Data Analytics is driving ROI and competitive advantage for our clients. If you missed out, you can book an individual session with our experts:
Introducing the Data Maturity Assessment
Are you held back by legacy systems and manual, disparate processes?
Our experts in Data Analytics have developed a tool to help you discover where your organisation sits on the data maturity curve.
Using a few simple questions, the tool will assess your position across key areas including:
- Data management
- Data sources
- Portfolio & regulatory reporting
- Finance & actuarial processes
- Analytics
The assessment tool will determine your current position. We'll then highlight what's next on your unique digital journey
and be in touch with more detailed insights based on your results.
I am
A Broker
A Carrier
An MGA
Do you use existing Sequel products?
Yes
No
Do you have multiple sources of data that need to be analysed?
Yes
No
Do you feed source system data into downstream data marts, data lake or a data warehouse?
Where is your downstream data mart, data lake or a data warehouse hosted?
What is the refresh frequency of the downstream data solution?
Can you view portfolio level information across your systems?
Yes
No
Where are your operational and regulatory reports produced?
What financial planning tools do you use?
Which actuarial reserving tool do you use?
How many policies do you write per year?
How many historic years of account do you have in your source system and/or downstream data solution?
Do you have any predictive analytics or AI models?
Hear from our experts...
Data and analytics – The art of the possible
Getting clarity with data intelligence
Tim Rayner
Chief Executive Officer
As chief executive officer and president of Specialty Business Solutions at Verisk, Tim Rayner drives deliberate, disciplined design and delivery of experiences to clients and team members. He works to increase understanding and create connections between these two groups while advocating for the integration they require, technical or otherwise.
Tim champions clients’ and team members’ perspectives in the company’s strategic decision-making and measures the impact of these groups’ experiences on the company’s performance.
He has board-level responsibility for the team’s relationships with Lloyd’s, the Future @ Lloyd’s, and large strategic accounts; Tim is also playing an instrumental part in the team’s global expansion.
Tim became Specialty Business Solutions’ chief executive officer in July 2022, having served as chief experience officer since 2021. He joined the company in 2018 as business development director. Before that, he spent 18 years in technology and operations on the broker side of the London Market at Miller Insurance Services, specializing in the coverholder space and architecting London’s first real-time bordereau data exchange in 2007. He began as a software developer at Miller, before moving on to head up IT, Business Change, Business Transformation & Technology, and Group Operations.
Tim’s articles on how technology can drive efficiencies through distribution chains have been published in London-based insurance publications. His team at Miller won an Insurance Day award in 2008 for real-time delegated authority management.
Tim has completed the Lloyd’s Leadership Programme at the London Business School and is certified as a Forrester CX Champ.
He’s been chairman of the Halstead Swimming Club since 2016.
Reid Stanway
Chief Digital Officer
As chief digital officer of Specialty Business Solutions at Verisk, Reid Stanway will work with insurance market participants to navigate the increasingly complex world of digital transformation and trading.
He will engage with insurance executives and business leaders in the design and build of their digital trading and transformation strategies by leveraging Verisk solutions. Part of this will involve articulating the benefits of investing in digital transformation to clients, colleagues and trading partners. Reid has a unique understanding of the solutions Verisk can provide, alongside what the rest of the marketplace can offer. Reid will have a direct reporting line into Tim Rayner, CEO and VP Verisk Specialty Business Solutions.
Reid joins the company from Marsh, where he most recently held the position of Digital Placement Leader. At Marsh, Reid worked with the global leadership team to define, lead and execute the business’ digital trading strategy. He also created and scaled the company’s in-house algorithmic insurtech ‘Intuitive’. Throughout his tenure at Marsh, Reid held various leadership and strategy roles, as well as acted as an insurance broker in their Canadian offices for its large Mining, Oil & Gas, and Nuclear clients.
Key benefits
How can Data Analytics work for you?
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Centralised enterprise portfolio management
Delivering a Profit & Loss against plan for every policy, underwriting, broker and business unit
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Cost savings and consistency
Through the automation of business processes
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Automation of detailed inwards & outwards data
Relevant to nearly all business roles and processes across the organisation
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Single source of truth
With a repeatable business model
