Is Cloud Computing Critical To Carrier Management?

June 24, 2013 by Kevin Mason

Cloud computing in insurance is inevitable.

Executive Summary

In this opinion piece, Instec's Kevin Mason highlights cloud advantages for insurers, including speed-to-market benefits and cost-reduction potential. He believes the "utility computing" model that characterizes cloud will soon become not just an option but a natural part of how carriers consume technology and manage their businesses.

There are many projections about the growth of cloud computing services revenue that support this, but the best predictor of the inevitability of cloud is what you can see with your own eyes and what you use in your daily lives. Executive Summary In this opinion piece, Instec’s Kevin Mason highlights cloud advantages for insurers, including speed-to-market benefits and cost-reduction potential. He believes the “utility computing” model that characterizes cloud will soon become not just an option but a natural part of how carriers consume technology and manage their businesses.