There are so many changes that impact the insurance market:
– Globalization
– Cost of customer acquisition
– Increasing competition
– Getting products to market
– Regulatory demands
– Customer experience
An As-a-Service solution can help you respond to change and deliver
– Access: Anytime, anywhere collaboration
– Agility: Adaptive business solutions
– Flexibility: Pre-built and customizable features
– Scalability: Unlimited ability to scale
– Efficiency: Pay as you go
The cloud is a network of secure computer servers leveraging the Internet, which is efficient, nimble, cost-effective and adaptive for insurers.
“Cloud services are not only changing the way insurers do business – they’re changing the way insurers think about doing business.” Karen Furtado – Partner, Strategy Meets Action (SMA)
“95% of IT spending will shift from in-house to the cloud by 2025” Ideals of As-A-Service Study HfS Research 2015
“66% of insurers are moving to the cloud to reduce overall cost of process delivery.” Ideals of As-A-Service Study HfS Research 2015
OneShield cloud based P&C solutions deliver:
– Automated solutions ready to meet the demands of your business
– Leverage-proven flexible and configurable technology
– Support multiple product lines of business and geographies across the world
– Access, download and report relevant company data
– Prebuilt content and functionality
– Automatic and seamless upgrades
– High level security and 24/7 support
– Transaction-based pricing. No large license fees upfront
– Cloud based, no hardware needed, unlimited scalability