Topa Insurance Deploys Cloverleaf Analytics BI Solution

During a multi-year migration to a new, cloud-based insurance processing platform, Topa was challenged to provide consolidated reporting and analytics.

(Image credit: Jon Kline.)

Topa Insurance Company has implemented Cloverleaf Analytics’ (Austin, Texas) BI solution to gain deeper insights into existing data and to activate legacy data for better real-time decisioning, according to a Cloverleaf announcement.

Brian Schween, SVP, CIO, Topa Insurance Group.

Based in Calabasas, Calif., Topa Insurance is a boutique, commercial insurance carrier that emphasizes strong relationships, excellent service, underwriting expertise, and quality products for wholesale brokers, general agents, and MGAs in its messaging. During a multi-year migration to a new, cloud-based insurance processing platform, Topa Insurance faced a significant challenge in providing consolidated reporting and analytics, Cloverleaf says.

“Cloverleaf provided us the ability to see all of our business, across all platforms,” comments Brian Schween, SVP, CIO, Topa Insurance. “During the initial demo, Cloverleaf demonstrated the value of its powerful industry data model and configurable data transformation engine. It showed the enormous potential of the technology in terms of the transparency it could deliver for our business. The resulting reporting and analytics capabilities now help us determine where we can be most effective for our customers, and where we can achieve the best profitability as well.”

Once the Cloverleaf solution married Topa Insurance’s legacy data, it was possible to produce dashboards and reports which provided operational insights from across the enterprise.

Robert Clark, President, Cloverleaf Analytics.

Cloverleaf says that its BI solution for property/casualty insurance companies provides access to real-time analytics for discovering trends and insights across the entire enterprise, enabling proactive business decisions that would not otherwise be possible. Customers can jump start more informed decision-making processes, ramp up new business, and realize an immediate return on investment with up-to-the-minute trend analysis, over 100 pre-built reports, dashboards, alerts, and integrations with third-party data providers, according to the vendor.

Super User Relationship

“Topa Insurance created a product champion or super user position within their company to ensure steady and rapid adoption of our solution upon implementation,” comments Robert Clark, president, Cloverleaf Analytics. “Our two companies worked closely together to achieve this successful implementation, and we look forward to partnering for years to come on additional upgrades, enhancements, and projects.”

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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 AnthODonnell@IIReporter.com or (503) 936-2803.

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