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Sompo Japan Insurance Company of America Announces Selection of Millbrook and Oracle® Business Intelligence Solution
Publish Date : 11/2/2007 7:16:00 AM   Source : Insurance News Onlypunjab.com

Millbrook Incorporated is pleased to announce that Sompo Japan Insurance Company of America has selected a solution based on Millbrook and Oracle software as their enterprise wide Business Intelligence (BI) platform. This best of breed solution features an integrated environment that combines the industry leading Oracle® Business Intelligence Suite Enterprise Edition Plus with the Property & Casualty tested performance of Millbrook's data models, ETL processes and insurance business methodologies. Millbrook is a member of the Oracle PartnerNetwork.

Sompo's management recognized the strategic value of information and the need to create a world-class Business Intelligence platform.


This is driven from an external need for portal-accessible account and loss information and an internal need for business intelligence and dashboard reporting. Despite the company's mid-range size, its global clients demand and expect services and infrastructure of a large commercial insurer.

George Kaadi, Sompo's Chief Information Officer was instrumental in the overall process. He noted: "It was critical for Sompo to develop a strong BI platform to create the information systems necessary for us to compete successfully. We were impressed by the strength of Oracle's BI platform and the breadth of Millbrook's data models, ETL processes and superb insurance knowledge."

Millbrook President Jack Plunkett added that "We are pleased to be able to deploy our combined solution in partnership with Sompo. Their deep commitment to Business Intelligence and their spirit of shared ownership of the project will contribute significantly to its success in their organization."    

Oracle and Millbrook worked together to help the insurance industry benefit from the integration of the comprehensive, standards-based Oracle Business Intelligence Suite Enterprise Edition Plus and Millbrook's insurance data models, pre-defined ETL processes and unsurpassed domain knowledge of the Property & Casualty insurance environment.

About Sompo Japan USA Insurance Company
Sompo Japan Insurance Company of America is a wholly owned subsidiary of Sompo Japan Insurance, Inc. The parent company was established on July 1, 2002 by the merger of Yasuda Fire & Marine Insurance Co., Ltd. and Nissan Fire and Marine Insurance Co., Ltd. The parent company is among the largest Property & Casualty Insurers in the world.

With its U.S. headquarters in New York City, the U.S. subsidiary is licensed to write insurance in all 50 states. It has regional offices and is structured and oriented to deliver the professional services required in the U.S. by our global clients

About Millbrook Incorporated
Millbrook Incorporated is the recognized leader in providing information solutions to the property and casualty insurance industry. It is this unique industry competence and focus that create solutions that let insurance companies direct and improve their business performance. Millbrook's solutions enable complete information management, including planning, measuring performance, and providing targeted, industry specific analytics and reporting.
The Millbrook suite of products and services allow insurance companies to employ one, several, or all components, to address their needs in using information to drive lower claim costs, increased revenues, and increased profitability. With its industry specific models and success in deployment, Millbrook has helped its insurance company customers to successfully use the power of information.

More information about Millbrook can be found at www.millbrookinc.com.

About Oracle PartnerNetwork
Oracle PartnerNetwork is a global business network of more than 19,500 companies who deliver innovative software solutions based on Oracle software. Through access to Oracle's premier products, education, technical services, marketing and sales support, the Oracle PartnerNetwork program provides partners with the resources they need to be successful in today's global economy. Oracle partners are able to offer their customers leading-edge solutions backed by Oracle's position as the world's largest enterprise software company.
http://oraclepartnernetwork.oracle.com/

Trademarks
Oracle is a registered trademark of Oracle Corporation and/or its affiliates.



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