Leading Canadian insurer, Wawanesa, chooses MicroStrategy as its enterprise business intelligence platform
McLean, Va., August 6, 2009 – MicroStrategy® Incorporated (Nasdaq: MSTR), a leading worldwide provider of business intelligence (BI) software, today announced that Wawanesa Mutual Insurance has selected MicroStrategy as its enterprise BI platform. Wawanesa is a large property and casualty insurer in Canada.
Wawanesa plans to use MicroStrategy for corporate financial reporting, as well as monitoring business metrics related to insurance policies and claims. With MicroStrategy, Wawanesa employees can gain valuable insights into product distribution and claims processed by geographic area to better understand business performance. The MicroStrategy-based application will give Wawanesa personnel a high-level view of its operations, as well as the ability to drill into the metrics to uncover business drivers and identify areas for improvement.
“Business intelligence is a strategic priority that will provide actionable information to help us enhance operations and make more proactive business decisions,” said Cam Loeppky, Vice President of Information Services, Wawanesa. “Following a thorough evaluation of leading BI providers, we selected MicroStrategy because of its integrated BI platform, ease-of-use, and low total cost of ownership.”
“We are pleased to count Wawanesa as a new MicroStrategy customer,” said Sanju Bansal, MicroStrategy’s COO. “Many leading insurance companies, including Nationwide Mutual Insurance Company, MetLife, Grange Insurance, and Guy Carpenter & Company, rely on MicroStrategy to gain greater visibility into their operations and make analytically-based business decisions.”
Wawanesa is a Canadian mutual company owned by its policyholders. It is one of the largest property and casualty insurers in Canada. Wawanesa has 100% ownership of two subsidiary companies: Wawanesa Life and Wawanesa General (U.S.A.). Wawanesa has a rich history dating back to September 25, 1896, when it was founded in the Village of Wawanesa, Manitoba. Today executive offices are located in Winnipeg, Manitoba, Canada.
Founded in 1989, MicroStrategy is a global leader in business intelligence (BI) technology. MicroStrategy provides integrated reporting, analysis, and monitoring software that helps leading organizations worldwide make better business decisions every day. Companies choose MicroStrategy for its advanced technical capabilities, sophisticated analytics, and superior data and user scalability. More information about MicroStrategy (Nasdaq: MSTR) is available at www.microstrategy.com.
MicroStrategy, MicroStrategy Business Intelligence Platform are either trademarks or registered trademarks of MicroStrategy Incorporated in the United States and certain other countries. Other product and company names mentioned herein may be the trademarks of their respective owners.
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