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Cloverleaf Analytics Announces Version 2.0 Release

Cloverleaf Analytics, an insurance-ready, enterprise business intelligence (BI) solution provider, is pleased to announce the release and immediate availability of Cloverleaf Version 2.0.

According to a recent Celent report, “CIO Pressures and Priorities 2018,” a full 48 percent of insurers surveyed have analytics projects “underway and continuing,” while another 24 percent intend to begin analytics projects this year, and an additional 21 percent are in the planning process. With insurers clearly focused on investing in analytics in the near-term, the release of Version 2.0 demonstrates Cloverleaf’s commitment to the market through enhancements to functionality and ease of use for the end user. 

“The market is tightening, and there are many P&C insurers today looking for a clear path to staying competitive in the next three to five years,” said Rob Clark, president and CEO of Cloverleaf. “Without real-time, mobile access to insights about business opportunities and reports which highlight efficiencies to be gained, insurers are flying blind. This new release puts the power of informed decision-making back in the hands of the people who matter.” 

The most significant enhancements included in Version 2.0 include:

  • A customizable, touch-enabled mobile layout design has been rolled out, allowing the ability to arrange dashboards and alert notification by device;  
  • New report design capabilities for full web report design, as well as 20 new pre-built reports have been added to the insurance reporting library; 
  • An Incurred But Not Reported (IBNR) Workbench has been added to assist actuaries and financial analysts develop precise reserve development models; and
  • Redesigned access to allow for simpler integration of third-party data to make it even easier to bring external data and goal seeking information into analysis. 

Additionally, the solution’s user interface (UI) has been refreshed, with all components now rendered in html5 to produce crisper graphics and charts, and over 100 additional insurance-specific data validation rules have been added to enhance data quality and load efficiency. 

Cloverleaf combines cutting-edge technology with decades of insurance industry knowledge and firsthand experiences. Cloverleaf Version 2.0 provides unparalleled business visualizations and is the only insurance BI solution on the market today which lets customers analyze data from internal and external sources in a single report without any development work, eliminating the time and errors that come with manual manipulations. 

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