Analytics & Marketplace
Enabling core platform analytics and new business models
Integrated analytics for improved business outcomes
Maximizing the value of connected insurance requires world-class analytics. Reporting and dashboarding tools provide insurers with insights into their connected insurance platform to help them manage programs more effectively. Advanced analytics tools provide the modelling and analysis capabilities insurers need to develop new uses for their connected insurance data.
Monitor and report effectively
Leverage reporting and dashboarding tools to get clarity into program health and performance. Pre-built best practice reports and custom report-building functionalities reduce time-to-value for connected insurance reporting and monitoring.
Develop custom analytics
A strong analytics toolkit is critical to the effective use of IoT data. Octo's platform includes an analytics development environment to help you develop new predictive models for use in risk assessment, event detection, and customer management.
Monetize insurance IoT data
Insurers can partner with third parties to monetize their connected insurance program through a data exchange model. Data collected or exchanged via the marketplace can leverage other platform use cases to further enhance value of connected insurance data.
Analytics & marketplace engine overview
|Reporting and dashboarding:Create and deploy reports on any data available in the platform|
|Analytics development environment: Perform in-depth analysis on platform and third-party data.|
|Data exchange: Connect raw and analyzed platform data to third party systems and monetize the exchange of connected insurance data.|
|Create management dashboards to monitor the health and performance of insurance programs.|
|Identify target policyholder population segments for new connected insurance products.|
|Connect with connected home sensor providers to identify potential low-risk policyholders and make insurance offers via a marketplace model.|
Learn more about our platform
Evolution of the Automotive Connected Insurance Industry
Explore the key factors insurers should consider when choosing an insurance IoT solution.
Selecting an Insurance IoT and Telematics Provider
Learn how to choose the correct insurance IoT and telematics service provider.
Unlocking the Value of Insurance Analytics
Find out what insurance CIOs need to know when selecting an insurance analytics provider.