AMS Services Extends Industry Leadership with Powerful New Analysis and Reporting Service.BOTHELL, Wash. -- AMS AMS - Andrew Message System Performance Analyzer analyzer /ana·ly·zer/ (an´ah-li?zer) 1. a Nicol prism attached to a polarizing apparatus which extinguishes the ray of light polarized by the polarizer. 2. provides business intelligence that enables agency principals and senior decision makers to unlock the power of their agency data. AMS, the leading provider of specialized spe·cial·ize v. spe·cial·ized, spe·cial·iz·ing, spe·cial·iz·es v.intr. 1. To pursue a special activity, occupation, or field of study. 2. software, services and information for the property and casualty insurance industry, today announced Performance Analyzer, a robust business intelligence (BI) tool developed specifically to meet the unique needs of insurance agencies. Performance Analyzer allows agencies of all sizes to readily assess their business performance and make quick, informed decisions that improve their financial performance. Performance Analyzer delivers a highly intuitive, graphical interface See GUI. that allows easy access to rich agency data. The increasing complexity and continuing consolidation of the insurance agency sector has left many agencies with little systematic insight into the health of their business. Overrun 1. overrun - A frequent consequence of data arriving faster than it can be consumed, especially in serial line communications. For example, at 9600 baud there is almost exactly one character per millisecond, so if a silo can hold only two characters and the machine takes with disparate systems and operational silos, agencies have struggled to consolidate their data into a format that enables them to readily assess the health of their business units and their overall corporate performance. For many agencies, this has resulted in manually intensive processes that lead to only limited insight into business performance. AMS Performance Analyzer breaks the back of this data logjam log·jam n. 1. An immovable mass of floating logs crowded together. 2. A deadlock, as in negotiations; an impasse. Noun 1. by enabling agencies to view individual sub-agency performance, consolidate corporate-wide statistics, browse "briefing book" report templates, and easily create reports that leverage policy, commission, invoice, and carrier information. The intuitive report formats enable users to identify trends and adjust behaviors accordingly. And because the data models are pre-configured, reports can be generated and tweaked See tweak. in seconds without IT assistance. "Performance Analyzer will dramatically improve our ability to view, sort and analyze the data in our agency management system for decision making," said Susan J. Brown, vice president/controller, Stahl & Associates Insurance Inc. "We are able to see the big picture clearly and quickly which will greatly enhance our ability to analyze the agency book of business, company volume, and production goals. Performance Analyzer is the tool that will unlock the power of our agency data and allow us to use that data to increase our effectiveness and profitability." "Our goal is to empower empower verb To encourage or provide a person with the means or information to become involved in solving his/her own problems customers to grow their business and increase profitability by providing easy access to data on agency performance," said Euan Menzies, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of AMS. "By delivering Performance Analyzer, AMS is expanding the success of our customers by providing easy-to-use, yet sophisticated business analysis tools that have been previously inaccessible inaccessible Surgery adjective Unreachable; referring to a lesion that unmanageable by standard surgical techniques–eg, lesions deep in the brain or adjacent to vital structures–ie, not accessible. See Accessible. to the average insurance agency." With Performance Analyzer, decision-makers at all levels of the organization can analyze extensive agency data to make decisions and drive improved business performance. They will be able to answer important questions quickly and easily such as: what is my book-of-business value today, what has been the net growth over time, which of my accounts are profitable and what percentage of my business is new versus rewrite re·write v. re·wrote , re·writ·ten , re·writ·ing, re·writes v.tr. 1. To write again, especially in a different or improved form; revise. 2. or renewal? "Until now, BI software has been too complex and costly for decision makers in agencies to use every day to do their jobs," said Caroline Heckathorn, product manager for AMS. "We're changing that situation with Performance Analyzer." Performance Analyzer is currently available in Beta for AMS 360 Online users and will be available for general use later this month. It will be available for Sagitta and AfW Online customers later this year. About AMS AMS is dedicated to helping independent property and casualty insurance agencies achieve maximum performance and operational efficiency. The company offers a comprehensive, insurance-specific solution for managing critical business activities, including agency management, rating, benefits, performance management and carrier connectivity. With more than 150,000 users in over 15,000 agencies, as well as 300 carrier partners, AMS is a proven market leader providing the strategy and scalability to help independent agencies excel now and in the future. For more information on AMS, please visit www.amsworld.com. |
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