InsFocus BI

RATING:

4.8

(4)
Overview

About InsFocus BI

InsFocus BI is an insurance policy software designed to help businesses build, view and analyze insurance reports. The platform enables managers to store policy, claim, coverage and client details on a unified interface. Administrators can utilize built-in templates and existing libraries to create custom reports. Additionally, InsFocus BI lets teams embed logic within calculation templates to measure claim reserves and analyze renewal activities. Pricing is available on monthly subscriptions.

InsFocus BI Pricing

Above is base plus per user at $ 60 /user / month

Starting price: 

$5,000.00 per month

Free trial: 

Available

Free version: 

Not Available

InsFocus BI claim reserves
Slide 1 of 3

InsFocus BI Reviews

Overall Rating

4.8

Ratings Breakdown

Secondary Ratings

Ease-of-use

5

Customer Support

5

Value for money

5

Functionality

5

Most Helpful Reviews for InsFocus BI

4 Reviews

Anat

Used daily for more than 2 years

Review Source: Capterra
This review was submitted organically. No incentive was offered

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed May 2018

I have been working with the software for 10 years, in general insurance. I use the software daily

PROS

The software is easy and convenient to use. You can create reports at the macro level and down to the micro level. The data is accessible and the analysis of the data is very easy. The software helps in ongoing business management. It enables you to receive current reports via email, and to view them from anywhere. Professional staff in support of software. Treatment of malfunctions, if any, is done professionally and quickly.

CONS

In order to use the software effectively, all data and parameters used must be accurately defined. The running speed of the software depends on the server of the purchasing company. If you do not invest in a quality server, the speed can be slow. Despite this, compared with other systems of BI, the speed is high and satisfactory.

Omer

Insurance, 201-500 employees

Used daily for more than 2 years

Review Source: Capterra

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed January 2017

Best experience in the Shortest time!

Implemented the system giving precise reports and dashboards solutions for all LOB's in the non life business in less than a quarter time. Creating easily Profit and loss reports, Production monitoring , Renewals, Exposures for AY/UY, Breakdowns into segmentation for underwriting needs, Claims management performance , Actuarial rate making and reserving Inc. Triangulation , Finance and RI.

PROS

Ease of use. Precision. Quick loading of reports. Flexibility for users.

CONS

Need to add a statistical tool to enhance analysis.

Osnat

Insurance, 201-500 employees

Used daily for more than 2 years

Review Source: Capterra

OVERALL RATING:

4

EASE OF USE

5

VALUE FOR MONEY

4

CUSTOMER SUPPORT

5

FUNCTIONALITY

4

Reviewed January 2017

InsFocus review

We have purchased the system 3 years ago, during which we implemented it across our organizational setup. Currently, the system serves as a opertional basis for underwriting teams; as a tool for decision making level executives; and also used for advanced analysis for the actuarial department.

PROS

Fast performance, Easy to operate, Precise and accurately reflects the operating system.

CONS

I would like to improve dashboards building

Vendor Response

Thank you Osnat for the kind review! Hachshara is a very important customer to us. Regarding dash boarding functionality - we have taken in much of your feedback. Version 3.4 coming out in Q2/2017 will contain an impressive set of improvements for this area.

Replied January 2017

Shlomo

Insurance, 51-200 employees

Used daily for less than 6 months

Review Source: Capterra

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed January 2017

The best BI software for insurance comapny's

he software allows me as a manager Maximum data analysis, presents trends and business development. In addition to the software tool is used to control operations such as sales, marketing, underwriting, claims and dealer profitability analysis, a significant customer rules. The service we receive is excellent, quick responses, improvements and updates and support requirements are not simple we ask from time to time. As CEO of an insurance company decision-support tool that allows me to control daily and good decision-making skills and accurate. Highly recommend !!

PROS

Greater flexibility in selecting the data, precise control database and the data is displayed clearly and graphs

CONS

non

Vendor Response

Thank you Shlomo for the very kind review! We are very happy to server Kesh International Underwriters and to be part of its success.

Replied January 2017