Česká pojišťovna uses SAS® DataFlux® to improve the quality of its data
Česká pojišťovna is an all-purpose insurance company providing both individual life and non-life insurance, along with insurance for small, medium and large clients in industrial and business segments. Česká pojišťovna (ČP), the leader in the Czech insurance market, belongs to the Generali PPF Holding, which serves nearly 31 percent of the market in terms of the volume. ČP is the largest insurance company in the country with more than 9 million active policies.
The poor data quality had an adverse effect on other systems within ČP. It was difficult to cleanse and deduplicate data after it had been transferred into a central client database. Also, information on policies didn't always match information on corresponding claims, while incorrect age or gender information resulted in miscalculated insurance premiums. Moreover, the data inconsistency made it virtually impossible to move data from the existing operating system into a new, modern one.
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Česká pojišťovna needed a solution for its large data set that was filled with inconsistencies, duplications and quality problems.
Using SAS DataFlux, Česká pojišťovna cleansed an older data set, achieving a 90 percent success rate.
“"Data – the most valuable asset of our company – has been improved. The project was an important milestone on the road to consistent, error-free and reliable information."”
Head of Data Quality