Insurtech

April 9, 2021

Cloud & Devops Impacting Insurance

Here are some basic, incremental ways technology is being embraced by the insurance companies of the world.

Insurance companies are clearly using technology to enhance their product offerings and efficiencies this year. The financial services industry has traditionally lead the way in this space until now. Here are some basic, incremental ways technology is being embraced by the insurance companies of the world. 

Cost Reduction

Companies are looking to seriously reduces expenditures in implementing their solutions in-house. Third party Reduce large capital expenditures associated with the implementation of in-house, proprietary solutions.

Accelerating business growth

Companies are working to scale their technological capabilities without the use of capital investments wherever  possible.

GTM Agility

The way business leverages the use of technology to innovate is being driven by the cloud. The speed of business outcomes are being significantly ramped-up. 

Maintenance Cost Reduction

Insurance IT spending is still stagnant in many companies. Therefore, many insurance executives are looking for options that can help them achieve their cost-cutting objectives.

Expanding globally

Cloud computing services help insurers foster a high level of flexibility and standardization across multiple geographies

ArkusNexu Insurtech Solutions

Case Study from Arkusnexus
Keith Goatley
Keith is currently Marketing Manager for ArkusNexus and believes in marketing that is customer centric, data driven, digital first, and purpose led.
kgoatley@arkusnexus.com
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