Siperian Multidomain MDM Hub™ helps insurance companies increase revenue and client profitability across total product offerings and lines of business, streamline client on-boarding and claims processing, and provide better service.

Insurance is a highly competitive, regulated and data intensive industry. With an estimated 60-70% of all U.S. households having some form of life insurance, and an even higher percentage owning one or more lines of property-casualty insurance, insurers are challenged to create a single, unified view of their key business entity data.

Master reference data is spread across dozens of channels and systems with the existence of multiple customer touch-points (such as customer-facing web sites, call centers, and e-mail campaigns), the proliferation of risk data (such as car models, age, and neighborhood), and information from online subscriptions and external data sources, such as Dun & Bradstreet.

Insurance companies must manage clients and claims data across all accounts and product lines and understand the complex hierarchies and affiliations among customers, agents, brokers and carriers. They need access to distributed client data from multiple systems for use in daily business operations and risk analysis.

Using Siperian Multidomain MDM Hub™, agents, brokers and carriers can create the most reliable master reference data, review complex account relationships and hierarchies and obtain real-time, unified views of clients, producers, employees, agents, policies, claims and risk exposures.

Siperian Multidomain MDM Hub helps insurers:

  • Increase revenue per client through cross-sell and up-sell
  • Automate agency and broker processes
  • Improve customer experience
  • Increase revenue through producer management
  • Streamline client on-boarding and claims processing
  • Improve corporate governance through enterprise risk management