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Insurance Industry News from ProgramBusiness.com
AMS Business IntelligenceMultiple storefront owner AMS Services, Inc., the leader in insurance agency automation, announced the integration of AMS Sagitta®, an agency management system for larger agencies, bank-owned agencies and national brokers with AMS Performance Analyzer™, a business intelligence solution that provides agency executives clear visibility into agency performance. This unique combination will give large insurance agencies the ability to capture, visualize and report on critical data in order to make quick, informed decisions about business operations.
In today's world, knowledge is power and the use of information can be one of the most effective ways to gain a competitive advantage. And with the increasing complexity and continuing consolidation of the insurance agency sector, many organizations are left with little systematic insight into the condition of their business. Overrun with disparate systems and operational silos, organizations struggle to consolidate data into a format that enables them to readily assess overall performance. AMS Performance Analyzer makes it easy to analyze complex insurance data across multiple divisions, locations and databases to see how the entire organization is functioning. By using AMS Performance Analyzer and AMS Sagitta, institutions can gather information, browse report templates and create reports that leverage policy, commission, invoice and carrier information. The intuitive report formats enable users to identify trends and adjust their business accordingly. And because the data is already aggregated, reports can be generated and changed in seconds without IT assistance.
"We gather massive amounts of data every day with AMS Sagitta, but because of the complexity of our business, it just sat in the system," said Kathleen Hall, assistant controller, J.W. Terrill Inc. "When we started using the integrated AMS Performance Analyzer, we were able to take all of this information, run a briefing book report and then analyze the data. Being able to see where we are in real-time has increased our efficiency and productivity tremendously. We look forward to coming up with more reports and more uses for the solution."
"AMS Performance Analyzer delivers state-of-the-art tools agencies need to measure the health of their agency," said Bill Bunker, senior vice president of products and marketing, AMS Services. "The end result is the improved ability to increase profits and accelerate revenue growth."
For more information, visit the AMS storefront at www.programbusiness.com.
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