Develop a portfolio of use cases with business stakeholders to get a comprehensive view of how data is used to support processes, analytics and reporting
A medical professional liability insurance company with clients and services spanning the U.S. that specializes in underwriting policies for physicians, dentists, advanced practices, clinics, and hospitals.
The firm looked to strategic acquisitions to bolster growth. However, acquisitions presented challenges such as consolidating the customer base, cumbersome data integration, conflicting master and reference data, and impaired data accessibility. To solve these issues—and create and extract unrealized value from old and new business operations—the firm needed a partner.
Ironside’s Advisory team was called in to partner on a Data & Analytics Roadmap to chart the firm’s growth, establish enterprise-wide data governance, and create an improved data integration framework that allows new acquisitions to continue independent operations. The partnership consisted of four parts:
Identify Focus Areas
Revolutionize M&A Data Capabilities
KEYS TO SUCCESS
By leveraging data governance and MDM, the firm established a repeatable methodology to integrate and standardize data across multiple business lines. They were able to: