Insurance conundrum confronted with a new solution: DataHaven Software tackles industry's costliest data dilemma
DataHaven's Insurance Intelligence Layer Unveiled to Streamline Insurance Data Systems
DataHaven, a new platform founded by insurance finance, data governance, and core systems architecture expert Yandy Plasencia, has launched its Insurance Intelligence Layer to address the industry's persistent issue of fragmented data.
The Insurance Intelligence Layer acts as a fully managed intelligence middleware platform, designed to unify and reconcile fragmented insurance data across disparate systems used by carriers. It provides a control layer that integrates siloed, disconnected core systems and replaces manual reconciliations and conflicting departmental reports with a single source of regulatory-grade, decision-ready information for executive leaders.
This platform specifically addresses the industry's persistent issue of fragmented data by eliminating the need for multiple dashboards and manual fixes, offering an invisible, unified infrastructure that consolidates and reconciles data before it reaches decision-makers. It enables carriers to meet rising demands from regulators, reinsurers, and rating bureaus through enhanced compliance and audit readiness.
The Insurance Intelligence Layer includes key components such as a Data Hub, a governed lakehouse with lineage, catalog, and transformation pipelines, an Admin Console for enterprise controls, system health, and infrastructure management, a Reporting App for department-specific reports and data views, and a Developer Portal with APIs, query tools, and automation interfaces for internal teams.
Early adopters of DataHaven include risk-bearing self-insured organizations, workers' compensation carriers, public risk pools and joint insurance funds (JIFs), and multi-entity insurance groups. Early clients also include multi-carrier groups undergoing data centralization efforts and regional insurers investing in operational efficiency and AI readiness.
DataHaven's approach is based on the firsthand experience of its founder in building data infrastructure inside insurance organizations. According to Plasencia, fragmented data is a financial and operational liability for insurance carriers, as it slows audits, increases compliance risk, and stalls executive insight. The platform is designed to ease the pressure faced by carriers in areas such as financial close cycles, TPA feeds, audit trails, and product complexity.
The Insurance Intelligence Layer includes a Compliance Hub with built-in support for NCCI, NAIC, Verisk, and custom audit requirements, ensuring that carriers can meet regulatory demands with ease. DataHaven is initially focused on U.S.-based regional and super-regional insurance carriers, but plans to expand its reach in the future.
In conclusion, DataHaven’s Insurance Intelligence Layer tackles fragmentation by embedding a middleware layer that harmonizes data flows, improves data accuracy, and accelerates insights necessary for operational and financial control within insurance carriers.
- The Insurance Intelligence Layer developed by DataHaven, available on ffnews.com, is designed to combat fragmented insurance data by providing a unified infrastructure for business operations, leveraging technology and data-and-cloud-computing to replace manual reconciliations and improve decision-making.
- DataHaven's Insurance Intelligence Layer, a critical tool in the finance sector, offers a Compliance Hub that adheres to NCCI, NAIC, Verisk, and custom audit requirements, providing US-based regional and super-regional insurance carriers with the necessary technology to meet regulatory demands more efficiently.
