Case Study: a leading European insurance provider achieves real-time pricing and faster analytics with Rocket Vertica

A leading European insurance provider improves query performance 25x with Rocket Software

A leading European insurance provider faced a challenge with its heritage analytics tools, which were too slow and rigid to handle real-time pricing that required the instant analysis of thousands of variables. This limitation hindered their ability to automate, iterate, and act on fresh market data. They partnered with Rocket Software and its product Rocket Vertica to overcome this.

Rocket Software implemented Rocket Vertica for its high-speed query execution and in-database machine learning capabilities. This solution enabled real-time predictive pricing at scale and modernized the insurer's data workflows. The results were a 25x improvement in query performance, a 5% reduction in claims frequency, and the organization achieved a full return on its investment within one year.