Since the end of January, cloud-based core systems replacements have increased across insurance, especially among mid-sized carriers. AAA Carolinas, SafeAuto, Mutual Assurance, Lawyers Mutual of NC and Catholic United Financial have all announced cloud for core agreements with service providers.
A key factor behind the industry trend is insurers' familiarity with cloud outside of core systems, according to an April study from Novarica. Companies are already using cloud for ancillary functions such as, human resources, finance and email.
Register or login for access to this item and much more
All Information Management content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access