Three big goals for a winning cloud strategy

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A comprehensive cloud strategy enables insurers to reach not one but three key business objectives. It will accelerate growth, drive digital transformation, and also curb costs. All too often insurers settle for just one of these goals. It’s usually cost control. But they miss the big picture. They underestimate how scaling up their cloud services… […]

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Smart insurers are transforming themselves in the cloud

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Some insurers view cloud computing in the same way that tourists see packaged holidays – an opportunity to hand over responsibility and contain costs. There’s no doubt that cloud services can simplify IT operations and curb operating costs, but cloud computing offers insurers far more than cost and efficiency levers. It has the power to… […]

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It’s time for insurers to conquer their cloud fears

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Insurers should be accelerating into the cloud after the upheavals caused by the COVID-19 pandemic. Instead, many are stalling. Seven big myths are blocking their cloud progress. The COVID-19 pandemic has thrust cloud computing to the top of the strategic agendas of insurers around the world. Without the flexibility and resilience of on-demand cloud services,… […]

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Could organizational analytics in the cloud be a winning strategy?

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Since the beginning of the pandemic, insurers have embraced remote work, with many reaping productivity and efficiency gains. However, chief human resources officers (CHROs) have been more skeptical than their C-suite peers about whether organizations were really prepared to support a remote workforce. And many organizations still lack the technology and infrastructure to sustain a… […]

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How can insurers support remote work in the cloud?

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The COVID-19 pandemic has shown North American insurers that remote working can lead to increases in productivity and efficiency gains. But it’s also highlighted deficiencies in current technology infrastructure and organizational culture. That means it’s time to take a good hard look at exactly how to best support the future workforce.  If insurers want to… […]

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Automated underwriting & cloud help life insurer drive value

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In a previous post, I introduced Accenture’s Future Systems research—our largest systems survey ever—where we studied technology “leaders” and “laggards” from more than 8,300 global companies across 20 industries, including insurance. It became clear that industry leaders’ approaches to technology not only drive higher revenue growth, but also sustainable value compared to laggards.   We’re seeing this play out… […]

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