Insurers globally rely on Collibra to speed innovation with trustworthy data, mitigate risks and optimize policyholder experiences.
How Collibra can help
Speed data democratization and time-to-insights
Empower data citizens to rapidly discover, understand and collaborate with trustworthy data that’s primed for self-service analytics and AI use. Make better decisions faster across underwriting, claims, annuities, and more. Leverage popular BI tools such as Tableau in conjunction with Collibra Data Catalog and obtain a more complete view and understanding of data.
Fortify risk and regulatory compliance
Speed the automation of complex regulatory rules and standards such as Solvency II, IFRS-17, GDPR, and more. Enact rigorous data management, governance, data quality, data lineage and privacy guidelines as required by regulators. Meet stringent requirements and provide comprehensive audit trails for regulatory reporting purposes.
Enable explainable AI and build models you can trust
Drive successful AI initiatives at scale with fully governed data. Empower data scientists to easily find the datasets, AI model techniques, data inputs and data features they need. Leverage ML-enabled data quality and observability to help detect data drift, outliers and patterns to ensure accuracy and performance of AI and analytics models over time.
Improve financial reporting and transparency
Speed the process of financial reporting and adherence to accounting standards such as IFRS-17. Empower cross-functional teams – finance, risk, compliance and governance – to easily find and understand the data and reports they need. Obtain end-to-end data lineage and trace datasets from source to target to better understand financial disclosures, risk models, and more.
Drive data integrity across insurance processes
Improve understanding and the health of your data. Leverage fully governed and high-quality data across claims, underwriting, policy administration, annuities, finance, and more. Mitigate risks throughout the insurance value chain. Increase new business and renewals and optimize your agent channels.
Future-proof cloud data migration and modernization
Get visibility into migration impacts and see where data is being used. Visualize data flow and understand data dependencies. Reduce costs and mitigate risks by moving clean data to the cloud. Simplify data onboarding and increase productivity by cataloging and managing the data in your data lake and data warehouse from a single centralized location.