In today's data-driven world, insurance businesses that leverage data insights are more likely to stay competitive and thrive in the crowded insurance market. By effectively gathering and analysing data, insurance companies can gain valuable insights into customer behaviour and preferences, better assess risk, and provide best-in-class claims experiences. This enables risk carriers to make more informed, customer-centric decisions, ultimately reducing costs and increasing revenue.
Data forms the foundation of insurance, but businesses are often stuck with very limited data and insights. At Root, we understand that quality actionable data is a game-changer for the modern insurance business. For this reason, data is a core part of our product offering. Root Data Adapter is our latest data tool designed to supercharge what our clients can do with their insurance data available on Root.
To be truly data-driven, organisations must empower teams to make confident decisions based on hard facts. Access to data is important, but not enough. Choosing the best reporting and data visualisation tools is essential for success.
With Root’s Data Adapter, you get the best of both worlds – secure and flexible access to your data on Root and the ability to connect your preferred Business Intelligence tool to query and interact with your insurance data. This means you can use analytics and data processing tools you are familiar with to build and automate regulatory, sales and financial reporting, create bespoke performance dashboards, and discover valuable insights to make smarter business decisions. Start using the Data Adapter to:
Root’s Data Adapter provides comprehensive, SQL-like access to all of your data on Root through an interface powered by AWS Athena. This gives you the ability to write complex SQL queries to fetch and combine the data needed to run an effective insurance operation.
The Data Adapter allows you to:
Your favourite BI tools, like PowerBI, Tableau, Qlik and Google Data Studio are compatible with the Data Adapter out of the box.
The data is encrypted at rest, encrypted in transit, and processed in the same region as the source database.
For technical information on how to get the most out of the Data Adapter, refer to Root’s Data Adapter guides.
Root is an end-to-end digital insurance platform that enables you to launch new products and digital engagement channels fast. We package all the compliance, regulatory and reporting complexities behind easy-to-use APIs, allowing your team to focus on building great customer experiences.