Falvey Insurance Group Selects Domo To Create Actionable Data Experiences

Domo (Nasdaq: DOMO) recently made an announcement on its collaboration with Falvey Insurance Group (Falvey), which is distinguished as one of the leading cargo insurance providers in the United States, in order to optimize its data management procedures. Falvey encountered difficulties in gaining access to and making use of a wide variety of data sources that were dispersed over a number of different systems, which resulted in delays and inefficiencies in the decision-making process.

The Chief Operating Officer of Falvey Insurance Group, Jack Falvey, emphasized the difficulty that is involved in the process of putting up reports due to the varied nature of the data sources. These data sources include real-time vessel whereabouts, cargo volumes, and warehouse location information. This time-consuming procedure frequently led to a delay of two weeks in the generation of reports, which impeded the ability to make decisions in a timely manner and hindered the efficiency of operations.

Falvey resorted to Domo’s platform in order to address these difficulties. More specifically, he utilized Domo’s wide library of connectors in order to merge data from a variety of sources into a single platform that was easily accessible. Falvey was able to acquire real-time insights thanks to the technology provided by Domo. These insights included workload measurements for the purpose of making recruiting decisions as well as quick evaluations of cargo risks such as storms. Furthermore, Falvey was able to monitor client engagement with marketing materials and access real-time statistics when presenting to customers, which made it easier for departments to make decisions that were better informed.

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