Reliance General Insurance selects Board to enhance its financial planning & analysis processes
Board International, the leading provider of the #1 decision-making platform, has today announced that Mumbai-based general insurance leader Reliance General Insurance Company Ltd (“the Company”)has selected Board’s solution for financial planning and analysis.
The Company choose Board to transform and enhance the efficiency and effectiveness of the insurer’s financial planning and analysis processes, as part of a wider FP&A strategy.
The Company believe the use of analytics and data visualisation has a fast and effective impact on decision-making for the business; and therefore wanted a solution that can provide that level of insight as well as planning capabilities to manage sales, expense and reinsurance planning, in addition to cost allocation.
The Company also believes “Board’s powerful decision-making platform will bring a much needed boost to the performance of Company’s financial planning & analysis processes and enhancement of technology stack.
“The ability to make informed decisions based on accurate financial data and enhance the FP&A process of any company to give them a comprehensive understanding of their exposure is Board’s mission,” said Gavin Fallon, Managing Director for Northern Europe, Middle East, India & Africa at Board International. “We are pleased to collaborate with Reliance General Insurance Company Ltd. to bring the power of Board and its transformative impact to their FP&A team. We thank our partner ACG India for taking the lead on the implementation of this project,” continued Fallon.
About Reliance General Insurance
Reliance General Insurance, a part of Reliance Capital, is one of the leading general insurance companies of India. The Company offers a well-rounded and comprehensive bouquet of products including Motor Insurance, Health Insurance, Travel Insurances, and Home Insurance, and offers customized solutions to meet the protection needs of each customer. Reliance General Insurance has a wide network of more than 40,000 intemediaries across 129branch offices across India for offering its products and services to retail, corporates and SME clients. www.reliancegeneral.co.in
About Board International
Board is the #1 Decision-Making Platform. Founded in 1994, Board International enables people to have a transformative impact on their business, helping them to intuitively leverage their data in a flexible, all-in-one environment. By unifying Business Intelligence, Planning, and Predictive Analytics, the Board platform allows companies to produce a single, accurate, and complete view of business information, gain actionable insights, and achieve full control of performance across the entire organization. Thanks to Board, global enterprises such as M&S, Coca-Cola, Ricoh, KPMG, Puma, Siemens, and ZF Group have deployed end-to end decision-making applications at a fraction of the time and cost associated with traditional solutions. www.board.com