TM1 models and solutions in the Insurance industry

[gtonkin]

To start off, I am not looking for any information that contravenes any intellectual property rights policies etc. etc. or gives away any of your competitive edge/secrets.
I am also posting against Cognos TM1 rather than the General board as I am looking at TM1 as the solution rather than other OLAP tools.

I have been involved in banking and manufacturing projects but would really like to see where the experience gained can be applied to other industries like insurance.

What I would like to know is what Insurance companies use TM1 for e.g. risk modelling (claim analysis, growth scenarios, economic scenarios), revenue/premium planning (existing, committed, planned), customer profitability, product profitability, shared services, HR/Headcount planning, General Expense planning, Client Rating/Scoring etc.

The cheeky question is really, where can TM1 add value to prospective Insurance clients that other systems cannot do or cannot do as well.

Any insight will be appreciated-thank you.

[paulsimon]

Hi

TM1 is used for all the things that you list. The big driver for BI and therefore TM1 in the insurance industry is currently Solvency II.

Regards

Paul Simon

[gtonkin]

Thanks for the info Paul-much appreciated.