The past 12 months have been turbulent for the insurance industry. Economic uncertainty, industry consolidation, and new nontraditional competitors have forced insurance companies to reassess their business operations and revaluate their business strategies.

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As a result, insurance companies are seeking an integrated view of compliance, risk, and financial information that delivers one version of the truth. Many are also realizing that their planning, budgeting, and forecasting processes need to be redesigned, with Finance and line of business executives now looking for systems to support these new processes.

Delivering insight and clarity through business intelligence (BI), planning, and consolidation is critical for insurance companies to both survive and grow in today’s environment.

To effectively gather and interpret relevant data, insurance companies are reshaping themselves as "clear enterprises" by integrating their BI systems with their operational systems, financial systems, and external data.

Throughout the webcast sponsored by Deloitte you will learn how SAP solutions are helping Canadian and U.S. insurance companies unite and leverage their BI, planning, and consolidation systems.

During this one-hour session, you'll hear:

• A keynote speech by Deloitte Principal Richard Brayley, discussing:
  • Current issues in the insurance industry
  • The insurance industry’s planning, budgeting, and forecasting challenges
  • The importance of data and BI in insurance
  • What world-class insurance companies are doing
• An overview of the SAP BusinessObjects Planning and Consolidation application by Glenn Turley, SAP senior solutions advisor, which explains:
  • How SAP solutions support insurance industry planning and reporting requirements
  • How SAP solutions integrate into broader product oriented architecture applications

Hosted by Ken Levey, SAP director of financial institution solutions, this Webinar will also share insights into predictive modeling, claims analytics, cost management, risk and compliance, and financial reporting.

Speakers

• Ken Levey, Director, Financial Institution Solutions, SAP BusinessObjects
• Richard Brayley, Principal, Deloitte
• Glenn Turley, Senior Solutions Advisor, SAP