I'm thrilled to share my second Power BI Project — a comprehensive Car Insurance Claims & Risk Analysis Dashboard! This project demonstrates how to transform raw insurance data into powerful visual insights using DAX, Power BI Measures, and Power BI Service.
🎯 Objective: To analyze car insurance policies, claims, and risk profiles using Power BI — helping businesses identify high-risk demographics and make data-driven decisions.
📊 Project Overview
- Analyzed 37.5K policies and $187M claims
- Created demographic insights by age, gender, and education
- Built risk profiling by car model, vehicle year, and usage type
- Added an interactive Measure Selector for dynamic KPI comparison
- Published dashboard to Power BI Service for cloud access
🧠 New Skills I Learned
📊 Creating New Measures
- Developed DAX-based calculated measures for KPIs and segmentation
- Built logic for age groups, demographics, and claim analysis
🎛️ Dynamic Measure Selector
- Created a toggle-based feature for switching between KPIs
- Enabled interactive and user-friendly data exploration
🎨 Dashboard Beautification
- Used consistent color themes and layout hierarchy
- Focused on clean visuals and storytelling design
☁️ Power BI Service Publishing
- Published the dashboard on Power BI Cloud
- Learned report sharing, permissions, and enterprise accessibility
📈 Key Insights from the Dashboard
- High-risk age group identified: 15–25 years
- Claim trends differ by education level and gender
- Older vehicles show increased claim frequency
- Provided actionable insights for risk management and policy design
💡 Why This Project Matters
This Power BI Insurance Analytics Project reflects how data storytelling brings value to business intelligence. I learned that building dashboards isn’t only about visuals — it’s about communicating insights effectively and creating decision-ready reports.
💬 Key Takeaway: The real power of Power BI lies in turning raw numbers into clear, actionable stories that drive smarter business choices.
🚀 What’s Next?
My next focus areas include exploring advanced DAX techniques, optimizing data models, and developing client-ready dashboards for real-world business scenarios.
#PowerBI #DataAnalytics #BusinessIntelligence #InsuranceAnalytics #RiskManagement #PowerBIProject #DAX #DataVisualization #LearningJourney #BIDeveloper

0 Comments