Are Insurers Looking at the Cloud as a Cost-Saver or an Innovation Driver?

Are Insurers Looking at the Cloud as a Cost-Saver or an Innovation Driver?

Cloud computing has emerged as one of the most disruptive influences in business nowadays, particularly on the insurance sector. The essence of the cloud migration benefits it can provide insurers—a scalable approach. Cloud technology application in insurance took a well-familiar path—initial skepticism, slow uptake, and today’s turning point. The technology has been adopted universally, but insurers are still clarifying the way they see and uti…