Tradex Data Warehouse overhaul

TIW reviewed and overhauled commercial motor insurer Tradex Insurance’s poorly functioning data warehouse, added new reporting functionality and trained the insurer’s staff to manage the warehouse in-house. The project restored management confidence in the data enabling it to be used for strategic planning

Problem

Tradex Insurance, which underwrites commercial motor insurance for taxis and fleets, needed to overhaul its data warehouse. The existing data warehouse had been not fully implemented, was incomplete, with the insurer’s Board having little faith in its ability to provide reliable and useful insights. As a result, it was unable to fully utilise the information in its data warehouse for strategic planning.

Solution

TIW reviewed the data warehouse with a view to completing the installation, overhauling its functionality, and training up in-house personnel to be able to maintain and manage it going forwards. TIW seconded a data warehouse expert to the business to assess the data warehouse and the full and comprehensive review of the data within the warehouse, identified anomalies and flagged up possible solutions for the business to review.

Following the initial review, a series of reconciliation routines were put in place to ensure the robustness and accuracy of data within the system. TIW also upskilled Tradex staff to enable inhouse maintenance of the warehouse on an ongoing basis.

At a glance

TIW reviewed and overhauled commercial motor insurer Tradex Insurance’s poorly functioning data warehouse, fixing and adding new reporting capabilities and training the insurer’s staff to manage the warehouse going forwards. TIW’s work restored management confidence in the data and enabled the business to realise the full value of its initial investment in the data warehouse

Sarb Lota, Chief Information Officer, Tradex Insurance commented:

“TIW’s involvement in this project was critical to its success. Their expertise in everything from complex data analysis through to writing and testing the Extract, Transformation and Load routines, was key to ensuring that the data in our warehouse is now robust; and their ‘built in’ reconciliation work has proved vital.”

Outcomes

Tradex Insurance was able to realise the full benefits of having a high functioning, accurate and up to date data warehouse providing it with vastly improved and reliable reporting.

The management team’s renewed confidence in the data enabled it to use the reporting element to feed into the business’s strategic planning.

The insurer was also now able to use and maintain the warehouse using its own staff under a self-service model.

– Creation of a fully functioning, accurate and up to date data warehouse
– Accurate, high quality data and management reporting
– Fully trained in-house team for ongoing management and maintenance of the data warehouse