Dataiku > Case Studies > Convex Insurance: Enhancing Collaboration and Decision Making with Dataiku

Convex Insurance: Enhancing Collaboration and Decision Making with Dataiku

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Applicable Industries
  • Finance & Insurance
Use Cases
  • Usage-Based Insurance
About The Customer
Convex Insurance is a company that relies heavily on data for its operations. The company has a diverse team of actuaries, architects, and business analysts who play a crucial role in decision making. The company was previously using spreadsheets for data handling, but due to the increasing volume and complexity of data, this method was no longer efficient. The company needed a solution that could accommodate the varying levels of technical expertise within the team and facilitate effective communication and collaboration.
The Challenge
Convex Insurance, a company that heavily relies on data for decision making, was facing challenges with its traditional data handling methods. The company's diverse team of actuaries, architects, and business analysts needed a more efficient way to collaborate and extract value from their data. The use of spreadsheets was no longer sufficient due to the enormous volume of data and the complexity of the data pipelines. The company needed a solution that could accommodate the varying levels of technical expertise within the team and facilitate effective communication and collaboration.
The Solution
Convex Insurance adopted Dataiku, a platform that offers critical capabilities for exploring large data pipelines. The platform provides a no-code option, making it accessible to less technical teams within the company. This allowed all stakeholders, regardless of their technical expertise, to participate in the data handling process. Dataiku facilitated a high level of collaboration, enabling the organization to develop solutions where value could be clearly communicated and seen from the initial stages of data projects to final field delivery. The platform allowed stakeholders to apply their knowledge at various stages of the process, enhancing the overall efficiency and effectiveness of data handling.
Operational Impact
  • The adoption of Dataiku by Convex Insurance led to significant operational improvements. The platform facilitated effective collaboration among the diverse team of actuaries, architects, and business analysts. It allowed stakeholders with varying levels of technical expertise to participate in the data handling process, enhancing the overall efficiency and effectiveness of data handling. The platform also enabled the organization to develop solutions where value could be clearly communicated and seen from the initial stages of data projects to final field delivery. This has improved the decision-making process and has allowed the company to extract more value from their data.

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