Stay compliant, reduce risk, and improve efficiency with trusted data
Regulatory compliance reporting
Regulatory frameworks like Solvency II, IFRS 17, and APRA CPS 234 require accurate, auditable, and timely reporting. Without trusted data, meeting these requirements becomes a costly challenge.
Ataccama’s benefits
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Accurate, trusted data
Eliminate errors in financial and regulatory reporting with a single source of truth.
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Automated compliance workflows
Reduce manual effort and reporting delays with built-in validation and lineage tracking.
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Audit-ready reporting
Ensure transparency and accountability with complete data traceability.
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Multi-region scalability
Meet diverse global and regional regulatory requirements from a unified platform.
Policyholder 360
Fragmented data across multiple systems makes it difficult to personalize interactions, cross-sell effectively, and maintain accurate records for compliance.
Ataccama’s benefits
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Consistent customer data
Improve service quality with accurate, real-time policyholder information across all teams.
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Revenue growth
Identify cross-sell and upsell opportunities by understanding customer needs and behaviors.
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Operational efficiency
Eliminate duplicate records and manual data reconciliation, freeing up resources.
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Regulatory compliance
Maintain unified, auditable customer records to meet privacy and consent regulations.
Claims handling, forecasting & recoveries
Without accurate, well-structured claims data, you can struggle to process claims efficiently, forecast claims volume, and maximize recoveries. This impacts both customer satisfaction and financial performance.
Ataccama’s benefits
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Faster claims processing
Reduce delays and improve customer satisfaction with clean, validated claims data.
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Accurate forecasting
Use high-quality historical data to predict claims trends and optimize resource allocation.
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Optimized recoveries
Identify and maximize financial recovery opportunities with reliable data.
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Fraud detection support
Strengthen anomaly detection efforts with consistent, high-quality claims data.
Data privacy, consent & preferences
Poor consent and privacy data management increases compliance risks and erodes customer trust. Regulations like Pipeda, and CCPA require insurers to manage customer data securely. Without having a centralized system, inconsistencies in consent records can lead to compliance violations, and reputational damage.
Ataccama’s benefits
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Regulatory compliance
Meet data privacy laws like gdpr, pipeda, and ccpa with accurate, auditable consent records.
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Customer trust & retention
Ensure data privacy preferences are respected, improving customer confidence and loyalty.
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Operational efficiency
Reduce errors and redundant processes with a centralized approach to consent management.
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Reduced legal risk
Prevent fines and reputational damage by maintaining accurate records of customer data usage.
Risk management - Fraudulent claim detection
Inaccurate or incomplete claims data makes it difficult to detect suspicious patterns early and leads to higher fraudulent payouts, and potential non-compliance with fraud prevention regulations.
Ataccama’s benefits
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Early fraud detection
Identify suspicious claims faster with accurate, consistent data.
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Reduced financial losses
Minimize fraudulent payouts by improving risk assessment.
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Operational efficiency
Streamline fraud investigations with clean, well-structured claims data.
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Regulatory alignment
Maintain compliance with fraud prevention regulations by ensuring data transparency.
Underwriting & rate setting
Inaccurate risk assessments caused by poor data quality result in premiums that don’t reflect actual risk and can lead to higher claims costs, lost revenue opportunities, and pricing inefficiencies.
Ataccama’s benefits
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Better risk assessment
Use accurate data to align pricing with actual risk profiles.
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Profitability protection
Reduce financial exposure by eliminating data inconsistencies in underwriting.
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Streamlined workflows
Enable faster, more efficient underwriting with a unified source of truth.
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Competitive pricing
Leverage complete and reliable data to refine premium strategies.
New core systems & migrations
Legacy system upgrades and migrations to modern platforms like Guidewire or Duck Creek are critical for insurers, but poor data quality leads to inefficiencies, compliance violations, and customer service issues during the transition.
Ataccama’s benefits
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Seamless migration
Ensure high-quality, structured data before moving to new core systems.
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Reduced operational risks
Prevent errors, duplicate records, and data mismatches post-migration.
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Regulatory compliance
Maintain data integrity to meet industry regulations during migrations.
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Accelerated deployment
Speed up migration timelines with clean, validated data from day one.
AI readiness
Insurers are adopting AI for underwriting, fraud detection, and customer personalization, but without high-quality, well-structured data, AI models produce unreliable insights, increasing financial and compliance risks.
Ataccama’s benefits
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Accurate risk modeling
Improve AI-driven underwriting and claims assessments with clean, structured data.
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Enhanced fraud detection
Enable AI to detect anomalies more effectively with consistent, reliable datasets.
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Optimized customer engagement
Personalize insurance offerings using AI trained on high-quality customer data.
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Stop declining ML model performance
Catch and remediate issues early and maintain baseline data quality for ML training data.
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Regulatory confidence
Ensure AI models align with ethical and regulatory standards by eliminating data bias and inconsistencies.
Operational reporting
Insurers rely on operational reports to track claims performance, policy trends, and regulatory metrics. Poor data quality results in reporting errors, delays, and misalignment between departments, impacting strategic and financial planning.
Ataccama’s benefits
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Accurate business insights
Make data-driven decisions with complete, reliable reports.
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Regulatory confidence
Ensure reports align with industry standards and compliance requirements.
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Operational efficiency
Reduce manual data corrections and reconciliation efforts.
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Cross-department alignment
Maintain consistency in reporting across underwriting, claims, and finance.
Process automation
Insurers handle massive amounts of data across claims processing, policy updates, and compliance reporting. Without automation, these tasks become inefficient, error-prone, and costly, limiting scalability and business agility.
Ataccama’s benefits
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Faster claims processing
Automate data validation and approvals to reduce turnaround times.
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Improved underwriting accuracy
Eliminate manual data entry errors for better risk assessment.
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Regulatory compliance automation
Streamline reporting and auditing processes with rule-based automation.
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Cost savings
Free up resources by reducing repetitive, manual tasks in policy and claims management.
M&A integrations
When insurers merge or acquire new entities, they must consolidate data from multiple legacy systems. Without a structured integration process, discrepancies in customer records, policies, and claims data can cause compliance risks, inefficiencies, and reporting challenges.
Ataccama’s benefits
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Unified data management
Standardize and consolidate customer, policy, and claims data.
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Faster post-merger integration
Reduce time to operational efficiency with automated data mapping and cleansing.
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Regulatory alignment
Maintain compliance across jurisdictions with validated, auditable records.
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Business continuity
Minimize disruptions by ensuring data consistency across merged entities.