ATLANTA, GA — November 21, 2012— Profisee (www.profisee.com), a master data management and data quality software company, is pleased to announce general availability of its second industry-specific master data and data quality model: Maestro Industry Solutions for Insurance. Following the appointment of Tyler Graham from Microsoft Corporation to head up Industry Solutions, Profisee releases this second of many best-in-class master data management models crafted from extensive real-world experience and collaboration with professional industry associations.
Maestro Insurance provides the starting point for insurance companies seeking to leverage world-class master data management software developed around the Microsoft SQL Server platform. Maestro Insurance encompasses the master data platform and integrated data quality services necessary to tackle complex modeling and management requirements, while at the same time leveraging specific insurance data models around common master data and reference data. Maestro Insurance provides capabilities to all types of insurance entities, such as re-insurance, property and casualty, health, and life and annuity. As an enterprise-ready solution, Maestro Insurance is fully compatible with the Association for Cooperative Operations Research and Development (ACORD, which is a global, nonprofit standards development organization serving the insurance industry and related financial industries).
Leveraging all of the capabilities of Master Data Services and Master Data Maestro, the insurance model contains over 200 entities and 1000 attributes. Relationship hierarchies, attribute groupings, security roles, and personalized workspaces provide optimal efficiency and productivity for data stewards from the outset of any initiative. Compatible with many insurance standards, Maestro Industry Solutions provides users with a consistent model to accelerate implementation while allowing for customization to match their unique business requirements.
Maestro Insurance helps customers solve cumbersome data challenges. Some instances include providing a single view of client by merging physical records from multiple sources, cleansing and matching records with Maestro Golden Record Management, and automatically mastering golden records with automated survivorship strategies to deliver the best view of clients and organizations. Maestro Insurance also allows for creating a single view of policy through merging state-based systems, creating golden records for persons moving across states, losing coverage, and/or regaining eligibility.
Tyler Graham, commenting on this second Maestro Industry Solution, states, “We selected insurance as our secondary model based on the large number of customers and prospective customers in the insurance industry requesting a productized model. Maestro Insurance is all about facilitating rapid implementation and time-to-value, reducing project risk, and adhering to best-practices and industry standards. ACORD is a highly recognized standard in the industry and the added benefit of Maestro Golden Record Management on top of the ACORD compatible model creates a complete and compelling solution for any type of insurer. It has really never been faster or easier to master insurance data than it is today with Maestro Insurance.”
For more information on Maestro Insurance, please visit www.profisee.com/insurance.
Profisee is a master data management software company focused on delivering enterprise-grade MDM capabilities through its Master Data Maestro software suite. Formed from the management team of Stratature, the MDM software provider acquired by Microsoft in 2007, Profisee has a worldwide reputation for master data management and competence with Microsoft Master Data Services. For more information about Profisee, please visit www.profisee.com.
VP Marketing, Profisee
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