TAI is in the process of developing the initial TAI Insights package. We would appreciate your input and expertise in steering the direction of TAI Insights! Please take a few minutes to fill out this survey.
The following set of questions relates to analytical data. We have heard that timely, actionable information can be lacking in the insurance/reinsurance areas, so first, please help us understand the level of analytical data to which your company currently has access.

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* 1. How would you describe your company’s internal resources’ ability to provide actionable analytical data to decision makers?

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* 2. Does your company currently have a method of sharing high level analytics – such as a dashboard on an intranet site or similar?

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* 3. If Yes, could you please explain?

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* 4. Does your current policy administration system provide any sort of real time, snapshot analytics?

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* 5. If yes, which functions have access to that data? (check all that apply)

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* 6. Do you have other function specific systems (for example, Underwriting or Claims) that provide real time, snap shot analytics?

How can TAI help? At a typical client, our system has policy information (maybe even combined from multiple administration systems), reinsurance information, claims information, plus other data that may be valuable to underwriting, actuarial and accounting. For the following set of questions, please think about what information tells you if things are going well or if something needs attention.

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* 7. Below is a list of sample KPIs (Key Performance Indicators). Please rank how valuable each of the following would be to your company if TAI could provide it:

  Not Valuable Somewhat Valuable Very Valuable Not Sure
Policy Count – Total
Policy Count – Inforce
Policy Count – Terminated
Average Face Amounts
New Policy Counts, Amounts
Policy Count - Reinsured
Inforce Cessions – Counts
Inforce Cessions – Amounts – NAR, Premium
Facultative Cessions – Counts, Amounts
Policy Geographic Distribution
Claims – Counts and Amounts
Claims – Reinsured Counts and Amounts
Claims Recoverables - Counts and Amounts

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* 8. Please list any additional KPIs that would benefit your organization. Feel free to elaborate on any of the above as well.

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* 9. Most TAI clients close a month based upon their financial reporting calendar. It is critical that the TAI Insights data align with each company’s financial close process. Keeping in mind that not all departments that may see Insights data are actual users of the TAI system, how would you like to see monthly statistics reported?

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* 10. Do you currently feed all life insurance policies, reinsured or not, into TAI?

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* 11. Does your company do any level of recording a death status or processing death claims in TAI?

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* 12. If yes, which of the following do you handle through TAI? (check all that apply)

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* 13. When presenting and interpreting information, does your organization have a preference for:

About You - The following set of questions help us understand who you are and your perspective.

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* 14. Which department(s) do you functionally represent? (Check all that apply)

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* 15. Which most closely describes your job function?

The following set of questions pertains to your level of interest.

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* 16. How beneficial do you think seeing KPIs from the TAI system would be to your OVERALL ORGANIZATION?

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* 17. How beneficial do you think seeing KPIs from the TAI system would be to YOUR POSITION?

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* 18. Would you be willing to participate in additional TAI Insights surveys or other collaborations as we continue development of this much anticipated project?

Thank you very much for your time! We appreciate your input and hope to make TAI Insights a product that will bring value to you, your company and the life reinsurance industry!

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