Insurance

Data Analytics

Improving Renewal Forecasting for a Major Insurance Company With Advanced Power BI Analytics

A major insurance provider needed a reliable way to help its Risk Advisory team stay ahead of policy renewals, coverage details, and upcoming expirations. A Power BI dashboard was developed to surface renewal trends and coverage distribution in a single view, giving the team the insight needed to make proactive risk and renewal decisions.

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Challenge

Solution

The Outcome

The Challenge

The dashboard had to report on a data model with deeply interconnected policies, coverages, and product lines without compromising accuracy.

Complex Data Relationships

‍The dataset contained intricate relationships between policies, coverages, and product lines, which produced many-to-many relationship issues across the model.

Inaccurate Reporting

‍These unresolved relationships caused incorrect aggregations, leaving the Risk Advisory team with unreliable renewal and coverage reporting they could not act on with confidence.

The Solution

We rebuilt the underlying data model and layered in analysis and security so the team could trust every figure on the dashboard.

Bridge Table Data Modeling

‍Bridge tables were created to properly resolve the many-to-many relationships between policies, coverages, and product lines, restoring correct aggregations across the model.

Drill-Through Coverage Analysis

‍Drill-through functionality was implemented to let the team move from high-level renewal trends into detailed, policy-level coverage analysis.

Renewal and Expiration Tracking

‍Renewal trends and upcoming expirations were surfaced in a single, consolidated view, giving the team clear visibility to prioritize and act before policies lapsed.

Row-Level Security

‍Row-Level Security (RLS) was applied so that each user accessed only the data relevant to their role and region.

Active Directory Integration

‍RLS rules were mapped to Active Directory groups, automating access control and keeping sensitive renewal data restricted to authorized users.

The Outcome

The dashboard delivered accurate and secure insight into insurance renewals and coverage performance. The Risk Advisory team can now track renewal trends, flag upcoming expirations, and act in time, all while sensitive policy data stays protected.

50% Reduction in Manual Reporting Effort through automated dashboards.

20% Lower Missed Renewal Expirations driven by real-time trend and expiration.

Zero Cross-Region Data Exposure using RLS mapped to Active Directories.

We have been working with Entrans for the last two years and they have played a key role in building our solution. Their expertise and professionalism were evident throughout the development cycle, and we were very pleased with the final product. They have shown enormous skill and vast domain knowledge and their IT expertise is reliable and trustworthy. We would recommend Entrans for anyone looking for quality IT services, delivered in a professional manner

Nikolay Prokopiev

Chief Executive Officer

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