Insurers often fail to embrace the cloud for three reasons—and all three are fallacies.
Accenture recently worked with a multinational insurer on its cloud implementation and helped it achieve an 80% reduction in costs of a particular environment of an application suite. However, many insurers have been reluctant to tap into the power of the cloud. In this Insurance Insight of the Week video, I’ll look at some of their most common hesitations—and how to overcome them. Three steps to help insurers capture opportunities unlocked by the cloud The cloud offers flexibility, agility and scale—key capabilities in a marketplace where traditional industry barriers have disappeared and customer expectations can change on a dime. In today’s digital economy, it’s a crucial technology that insurers can use to become more competitive. See also: Future of Digital Transformation Learn more:- Download Eighty percent reduction in insurance carrier costs? Cloud as rainmaker. (PDF)
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