Falcon Insurance Group Selects Percipience’s Data Magnifier SaaS Solution
23 Mayo 2024 - 10:30AM
Percipience is pleased to announce Falcon Insurance Group (Falcon)
has selected the company’s data and analytics solution, Data
Magnifier, for the speed to market and robust analytics
functionality offered right out-of-the-box (OOTB).
Falcon, based in Oak Brook, Illinois, writes high risk personal
auto coverages in seven states and utilizes the Diamond suite from
Percipience partner, Insuresoft, for policy, billing, and claims
administration. Data Magnifier is inherently core system agnostic
and designed to integrate seamlessly with any data source, and
Percipience’s relationship with Insuresoft accelerates an already
best-in-class delivery schedule.
“Percipience’s ability to quickly integrate with our existing
systems and support our insurance products was important to us and
gets us from selection to production with all integrations and
historical data loads completed in less than six months,” said
Brandon Miller, chief technology officer at Falcon. “Percipience’s
continuing investments in Data Magnifier and the expansion of their
advanced analytics capabilities gives us confidence that we have
the right platform for both our tactical and strategic analytics
needs.”
Uniquely, Percipience delivers all the data models, code,
components, and documentation to allow their insurance clients,
like Falcon, to have complete control of their data solution going
forward. Data Magnifier’s client extension framework allows clients
to extend the product’s integrations, data models, reports, and
analytics themselves or with support from Percipience or a
third-party to control the timing and cost of delivering company
specific requirements to their business. By deploying on
Percipience’s SaaS platform, they will further benefit from having
Percipience’s management of the environment and application.
“Falcon Insurance Group is a great addition to our growing list
of clients who recognize the advantages of having a modern,
cloud-based insurance analytics solution that is independent of
their back-end administration systems,” said Bruce F. Broussard
Jr., managing director at Percipience. “They gain tremendous
flexibility while delivering industry leading analytics capability
in near-real time to support continued business growth. Brandon and
the Falcon team have been great partners and we’re looking forward
to helping them transform their data into a powerful competitive
advantage.”
About PercipiencePercipience is an insurtech
data and analytics software provider, whose core-system agnostic
Data Magnifier platform quickly transforms siloed data from
multiple sources into a competitive advantage. Data Magnifier’s
comprehensive integration, data management, and reporting
components can be deployed on any cloud platform and database.
Delivered with the detailed documentation of an in-house developed
application, Data Magnifier gives insurers full control of how the
solution is managed and empowers insurers to own their data.
For more information, please visit
www.percipience.com.
About Falcon Insurance Group (Falcon)Falcon is
a different kind of car insurance company-one that values
simplicity and integrity in everything we do. We make it easy for
you to get the protection you need no matter what your driving
record-including drivers without prior coverage and those that
require an SR22 financial responsibility filing. With a growing
network of more than 1,200 partner agents in Illinois, Oklahoma,
Texas, Indiana, Arizona, Colorado, and Utah, we have the
technology, the expertise and the commitment to do right by our
customers. That means giving you the respect you deserve, the
discounts you're entitled to and a fast and fair claims experience
when you need us most. To learn more about Falcon, please
visit the company’s website at
www.falconinsgroup.com.
Media Contact:Jennifer OverhulseSt. Nick Media
Servicesjen@stnickmedia.com859-803-6597