Ageas U.K. Adopts SAS Solutions for Big Data Preparedness in a Customer-Focused World

The U.K.-based branch of multinational Ageas has licensed SAS Grid Manager, SAS Office Analytics and SAS Visual Analytics.

(Ageas’ international headquarters in Brussels.)

Ageas U.K., a branch of the Brussels-based Ageas group, has licensed a suite of SAS (Cary, N.C.) solutions in order to exploit big data and better understand its customers, according to the vendor.

“We’re particularly pleased about the new technology as it offers a quick and easy way to analyze key information from across the business,” comments Angela Hails, head of business intelligence at Ageas. “It also offers a stable platform to answer business challenges, as well as the capacity to scale up with growing data requirements. Ultimately it gives us the ability to better understand our customers.”

The multiline general and life carrier has adopted the SAS Grid Manager environment, which the vendor says will deliver new analytics capability and provide the executives and management teams with a full picture of the insurer’s business performance data assets on a regular basis. A vendor statement asserts that SAS Grid Manager reliably and cost-effectively meets peak computing demands by creating a shared, managed environment with workload balancing, high availability and parallel processing. Low-cost commodity hardware resources can be added incrementally to the solution, according to changing needs, according to the statement.

Ageas has also licensed the following solutions, as described by the vendor:

SAS Office Analytics, which enables users to easily access and analyze large amounts of data. Guided analysis via built-in tasks and visual process flows means SAS novices can quickly perform sophisticated analyses, schedule projects, share results and embed outputs for others to use. IT is free to focus on strategic initiatives while dynamic, interactive content can be published to Microsoft Office and web users.

SAS Visual Analytics, which is part of SAS’ suite of high-performance analytics solutions, and enables organizations to easily map out and understand analytic insights and share those with employees and customers across an organization. It delivers rapid, in-memory analysis and interactive dashboards for reporting in-depth data visualization.

Ageas U.K. is a wholly owned subsidiary of Brussels-based Ageas (over $18 billion in 2013 revenue). It is third-largest provider of private vehicle cover and fourth-largest provider of travel insurance through subsidiaries such as Kwik Fit Insurance. Ageas U.K. offers personal and commercial property insurance, as well as life insurance,  through a range of channels including brokers, IFAs, intermediaries, affinity partners and the Internet, as well as various wholly or partially-owned companies. Ageas U.K. employs over 6,000 associates and has about 9 million policyholders.

Anthony R. O’Donnell // Anthony O'Donnell is Executive Editor of Insurance Innovation Reporter. For nearly two decades, he has been an observer and commentator on the use of information technology in the insurance industry, following industry trends and writing about the use of IT across all sectors of the insurance industry. He can be reached at [email protected] or (503) 936-2803.

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