Close the books in minutes, price with confidence
We turn a day-long insurance close into minutes with real-time analytics — so the business can review policy costing many times a day instead of once.
Insurers price risk on numbers that are only useful if they’re current. When the daily close takes a full day, the business is always deciding on yesterday — so speeding the close is the fastest route to better pricing.
Business value — A near-instant close and current numbers — so policy costing can be reviewed many times a day.
Technical — Real-time analytics on Incorta over Oracle, collapsing a 24-hour close to minutes.
At a glance
Challenges, transformations, and priorities
Challenges
- A day-long daily close
- Pricing on stale numbers
- Slow feedback to the business
Transformations
- Real-time analytics leadership can act on
- The close collapsed to minutes
- Costing reviewed many times a day
Priorities
- Current numbers for pricing
- Faster financial close
- Better, quicker decisions
What we do for insurance
Faster numbers, better pricing
Core systems on Oracle Exadata
Tune the end-of-day batch and reporting on Oracle engineered infrastructure — a 20-hour night into minutes.
Digital transformation, CRM to ERP
Rebuild policy and claims on SuiteCRM and finance on the Segments ERP — integrated end to end and audit-ready.
Real-time analytics
Collapse the daily close with Incorta, so the numbers are current when you need them.
Proven in insurance
Insurers we run and transform
Insurance · Oracle Exadata
From a twenty-hour night to a forty-five-minute close
A multinational insurer’s Egyptian operation had an end-of-day run longer than the night. On Oracle Exadata we cut it to 45 minutes, took receivables reporting from 45 minutes to 3 seconds, and closed the FRA-mandated fiscal year in two months.
Livestock Insurance Fund · Digital transformation
Livestock insurance rebuilt end to end, policy to payout
Egypt’s national livestock scheme runs policy and claims on SuiteCRM and finance on the Segments ERP — faster payouts to breeders, stronger fraud defense, and a record that stands up to full government audit.
Selected results · across both engagements
20+ hrs → 45 min
End-of-day close — multinational insurer, on Exadata
45 min → 3 sec
Receivables reporting — multinational insurer
Months → ~2 weeks
To settle a valid claim — Livestock Insurance Fund
Months → next-day
Bank reconciliation & month-end close — Livestock Fund
The technology behind it
| Applications | Core insurance platform; SuiteCRM (open source); Segments (ERP) |
| Database & engineered | Oracle Database, Exadata |
| Analytics & monitoring | Incorta; Oracle Enterprise Manager |
| Operating systems | Linux |
Frequently asked questions
How much faster can the daily close get?
From a full day to minutes with real-time analytics, so policy costing can be reviewed many times a day instead of once.
Do you work with core insurance systems on Oracle?
Yes. For a multinational insurer we have worked alongside the business since its first Oracle Exadata go-live, cutting end-of-day from more than 20 hours to 45 minutes.
Why does close speed affect pricing?
Because insurers price risk on numbers that are only useful if they are current — a day-long close means always deciding on yesterday.