Transition to 100% Cloud: Is 100% Cloud a Viable Strategy for L/A/B Insurers With Legacy Infrastructures?

Report Summary

Transition to 100% Cloud: Is 100% Cloud a Viable Strategy for L/A/B Insurers With Legacy Infrastructures?

Six years ago, insurers were cautious about cloud; today, cloud is assumed.

John Keddy
Senior Principal
Caitlin Simmons
Associate

July 27, 2022 Insurance companies that are actively on a cloud journey, like companies in other mature industries, may face some unique challenges due to legacy technologies within their infrastructure. These conditions led Aite-Novarica Group, on behalf of our client base, to question the practicality of 100% cloud adoption for insurance carriers with true legacy technologies in their infrastructure.

This Impact Brief discusses the challenges and the strategic options for insurers as they work to transition to the cloud fully. This report will be of interest to all insurers but will resonate more with life, annuities, and benefits (L/A/B) insurers, as they are more likely to have true legacy technologies lurking in their infrastructure.

Clients of Aite-Novarica Group’s Life, Annuities, & Benefits service can download this nine-page Impact Brief. To learn more about the topic covered in this Impact Brief, please contact us at [email protected].

This report mentions Accenture, Astadia, AWS, CGI, Ensono, Micro Focus, Microsoft, NTT DATA, PwC, and TSRI.

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