Power BI Dashboard Exploring the Causes Behind the Downfall of EIC (Ethiopian Insurance Company)
# 📊 EIC Case Study Analysis Dashboard
An interactive Power BI dashboard developed as part of a data analysis case study to explore key trends, segment profitability, claims, and policy insights for EIC (Ethiopian Insurance Company). This dashboard provides a comprehensive view of premium and claim data across different vehicle types and usage categories from 2014 to 2018.
## 📷 Screenshot
## 🧩 Overview
The EIC Case Study Analysis dashboard focuses on answering critical business questions, including:
- **Who is buying our policies?**
Identifies which vehicle categories contribute most to policy counts (e.g., Motor-cycles, Trucks, Pick-ups).
- **Who claims the most?**
Visualizes the distribution of claim amounts by usage type, highlighting significant contributors such as Agricultural Any Farm and Car Hires.
- **Premium vs Claims (averages):**
A scatter plot comparing average premium values with average claim amounts to analyze profitability across segments.
- **Profitability over time:**
A heatmap to observe profitable and underperforming segments across years, revealing trends and opportunities.
- **Claims by demographic:**
Highlights claim patterns based on policyholder sex, showing which group files more claims per policy.
## 📌 Key Metrics & Insights
- **Policies Opened:** ~57K
- **Total Premium Collected:** $384M
- **Total Claim Amount:** $337M
- **Premium to Claim Ratio:** 113.8%
- **Average Premium per Policy:** $7K
- **Average Claim Amount:** $6K
- **Claim Count:** 2K
✅ Most policies are bought for Motor-cycles, Trucks, and Pick-ups.
✅ Agricultural usage shows high profitability, while segments like Car Hires and Others show mixed results.
✅ The Premium to Claim ratio suggests overall profitability but also highlights areas needing closer monitoring.
## 📈 Dashboard Highlights
- **Interactive Year Filter:** Filter visuals by year (2014–2018) to explore yearly trends.
- **Dynamic Visuals:** Including bar charts, area charts, scatter plots, pie charts, …