Insurtech Data & Analytics Software Provider
Percipience is an insurtech data and analytics software provider, whose core-system agnostic Data Magnifier platform quickly transforms siloed and varied 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, and has already been deployed by customers on Microsoft Azure, AWS, and Google Cloud.
Delivered with the detailed documentation of an in-house developed application, insurers have full control of the solution and can implement it themselves, with support from Percipience or one of Percipience’s partners, or any third-party they choose.
High Performance & Scalable Data Platform with the Lowest TCO
This level of control empowers insurance organizations to own their data. Percipience’s “start where you are” approach provides flexibility to preserve the investments made in existing assets and select only the Data Magnifier components needed to “fill in the blanks” to quickly deliver a comprehensive data platform with the lowest TCO.
Built upon an intuitive implementation of an industry standard data model that is proven to scale and perform for organizations of all sizes, Data Magnifier offers a fully integrated data lake, operational data store (ODS), and multiple purpose-built data marts. The platform solves the challenge of getting the data with assets to accelerate integration with both vendor and home-grown data sources, reducing the cost and time to deliver value to your business.
Successful Implementations at Large P&C and Life Insurers
Data Magnifier also provides an ever-increasing set of dashboards and reports to translate data into information that supports more timely and confident decision making.
Percipience resources have led successful implementations at 13 of the 15 largest U.S. property and casualty (P&C) insurers and five of the 10 largest life and annuities (L&A) insurers.