INSURALYTICSMake Better Decisions. Stay Ahead.

Challenges

Why Insurance Industry?

Solution Description

Harnessing Big Data

Value Proposition

Agenda

Social Media absence

Global CompetitionMore Expense, Less Premium

Fraudulent claims

Existing IT. No integration

Challenges

IT Spending Global IT spending by insurance companies will reach $140.2 billion by the end of 2013, according to a report by Celent

Core Business Insurers are streamlining and enhancing core administration processes with new software solutions to create products that get to market faster.

Innovation Usage of “Big Data" to help them estimate claims, assets, credit and market data.

Regulatory Challenges

The effects of global regulations, such as SOX, GLB and Solvency II are driving Insurers to ramp up on Analytics.

Cost Optimization

Cost constraints & Competitive pressures are driving more Insurers to embrace Cloud technology.

Trends in the Insurance Industry

SolutionDescription

INSURALYTICS

SAP’s Innovation Success for Insurers

CFO

Deeper Insights into Insuralytics

Solution in the CloudIntegrate different insurance solutions and place the application on cloud

Dramatically improved performance for decision making from variety and volumes of structured and unstructured data

Create a logical data warehouse to respond to changing business environment

•Usage of latest Analytic innovations like Predictive Analytics, In Memory database, Cloud and Mobile•UI available on all Device Types

•Integration with existing Insurance systems like Insurance Analyzer and Insurance Suite•Incorporate Social media and Big data

Sentiment Analysis

:-)

Single Integrated solution

Real-time Insurance Analytics

Business Alerts

Customer risk profile analysis

Fraud DataAnalysis

Social MediaIntegration

Propensity to Churn

Competitor Insight

ProductRecommendation

Insurance Ratio Reporting

Big Data

SAP HANA Cloud

PLATFORM

Bringing Together Business And IT

Address CFO needs• Analyze and Simulation capabilities• Real-time Mobile Cloud Access• Make better decisions faster anytime

anywhere

Business Cockpit for Insurance• Contains reports for widely used scenarios.• New engaging and consistent experience for margin-decisive

roles, allowing them to stay on top of their business• Reports are developed Using BOBJ tools, Lumira and Design

Studio• Reduce TCO

Place the Solution in the Cloud leveraging HCP• This solution will provide platform-as-a-service offering• Access Insurance analytics anytime, anywhere from a broad range of mobile devices • Developers will be able to extend standard Insurance SHAF Models in the cloud

Align In-Memory Computing with BI Vision And Strategy • Consolidate data from different Systems, SAP and non-SAP• Develop SHAF Models for consolidated Data• Define and Realise KPIs to measure successful Strategy Adoption

Harnessing

Big Data

AdventureTrips

WeekendParties

Mid-nightDrive

Check-In at

Pubs/Discos

Introducing Lifestyle AnalysisA Big Data scenario

Occupation

Age

OtherInsurancerelevant

data

Target more. Increase Revenue

Better Underwriting Decisions

Cost Optimization Better Earnings

Real-time Customer DataReal-time Validation

Huge social media data

Usage time and distance

AccidentData

RoadSelection

VehicleSpeed

Bringing Telematics to Insuralytics

Install telematics

device

Pay as-you-drive

Smoother Claim process

Analyze driving skills real-time

Customize policies

Mobile

Cloud

Real-TimeSAP Insurance

Suite

SA

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nce

An

alyz

er

SA

P H

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- In

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nce

Risk Analysis

Sentiment Analysis

Lifestyle Analysis

What-If Analysis

Insurance Data derived from different Systems

Analysis & Simulation

Leg

acy

Sys

tem

s

SA

P F

rau

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anag

emen

t

So

cial

Med

ia &

Big

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CFO

High Level Solution Architecture for INSURALYTICS

SAP HANA Cloud Platform

SAP HANA Cloud Integration

Value proposition Vision & Roadmap

INSURALYTICS - In line with SAP`s Vision

SAP HANA Cloud Platform Analytics & Mobility in the Cloud; in real-time

CFO using HCP connecting to SAP Insurance Analyzer &SAP HANA Live for Insurance

CFO doing Analytics& Simulation

2015: € 2 Billion Cloud Revenue

Fits in Tomorrow`s Entire SAP Insurance Platform

• Power of SAP Insurance Suite combined with the simplicity of the cloud

• Simple choice for an entire Insurance Platform with fast time to value

• Mission critical operations enhanced by cloud elasticity, mobility and analytics

In-memory Infrastructure

• * SAP HANA Enterprise Cloud available

• ** SAP HANA Cloud Integration for INSURALYTCS

INSURALYTICSSAP Insurance Suite * & SAP HANA Live for Insurance

SAP HANA Cloud Platform Mobile, Portal, Network, Analytics, Apps

SAP InsuranceIntegration **

INSURALYTICS Make Better Decisions. Stay Ahead

Value Proposition

Gross Profit Optimization

Better Forecasting &

Simulation

Better Cash Flow Projections

Risk Coverage with Compliance to

International Standards

Better Understanding of Market Sentiments, Insurance line of

business and customer behavior

Timely and accurate Financial

decisions

Optimize cost by having a single integrated solution in the Cloud

Make your presence in the social media. Understand customers better

No solution in the market provides a similar value to the Insurance CFO

A Tailor made solution for the Insurance CFO

Smoother mobile experience with state-of-the-art Cloud platform

HANA Cloud Platform environment setup.

Integration setup between various SAP Insurance systems and social media.

Usage of Big Data – Lifestyle Analysis and telematics

Integration framework for legacy systems and social media.

Build HANA Live models & compose Insurance reports.

Continuous improvement process with clear feedback channels implemented

Enterprise Insuralytics LIVE globally with enhanced business content, faster implementation and a smoother experience.

Continuous Improvement Research work will continue to improve the services and incorporate new features

Insuralytics Foundational Work

Insuralytics SP1 for SAP customers

Insuralytics SP2 for Non-SAP customers

Adaptation of new Insurance CFO Process management guidelines

Mapping of key Insurance CFO KPIs

Insurance Process Landscape brought to the next level

2013 2014 2015 2015+

Enterprise Insuralytics

Product Roadmap

www.sap.com