Data Model

At the core of Insurance Analytics Suite is Insurance Data Model - a highly scalable tool developed to cater to data management and accessibility needs of the organization.

Insurance Data Model can handle data from multiple data sources, formats, volumes, varieties and types (Numeric, Text and Image), and allows a competitive edge by consolidation of clean data across multiple systems.

The model is also equipped to handle AL3 Standard based databases.Covering Data Input, Data Quality, Automated Variable Mapping, Statistical Inferences and Visualization, it renders an analytics-ready environment for the insurer.

What is AL3?
ACORD AL3 is an Insurance Industry standard file format, AL3 is designed as a one-way, batch communication method for policy and commission data. AL3 helps the exchange of information along the insurance chain from insurance company, to brokerage firm and finally to Agencies. AL3 set of definitions insures that all of those adhering to the standard have files saved as the same type, and used the same or compatible information transmission methods.

AL3-enabled Insurance Data Model
ACORD AL3 is an Insurance Industry standard file format, AL3 is designed as a one-way, batch communication method for policy and commission data.
AL3 helps the exchange of information along the insurance chain from insurance company, to brokerage firm and finally to Agencies.
AL3 set of definitions insures that all of those adhering to the standard have files saved as the same type, and used the same or compatible information transmission methods.

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