Working within the private cloud offers distinct security benefits when compared to a public option. An article for Insurance Networking News recently looked at the benefits of bringing insurance computing functions to clouds, which not only include security but other advantages for long-term use and easy management of resources. Choosing a proper IT system will give firms support for developing a less localized approach to accessing information.
The article outlines such benefits as ease of strain on staffers, easier access, and reduced costs up-front, even if the long-term costs equal those of internal hosting. For insurance companies that need guaranteed use of data even in the case of a disaster, the cloud also grants sufficient backup options, so an accident at a single data center doesn't cripple operations for a business entirely.
One of the professionals quoted in the article is Adam Edelstein of Hiscox, who praised the way his company has managed to adapt to a cloud-based option for recurring benefits over time. He cites how transitioning to the cloud could be a financially strong choice for a firm.
"We enjoy the benefit of not having to incrementally invest in infrastructure as the product continues to scale," he said. "Moving into the cloud gives us a big benefit around scalability. The incremental cost of growth for us is very low. The ongoing economics of a cloud solution are quite attractive."
Cloud data management is easier for insurers that have a cost-efficient means of accessing legacy applications on newer devices. Inventu has experience working with insurance groups to develop efficient billing solutions and facilitate Web-to-host operations. Click here for the case study, which contains information about the lower strain on personnel that comes with moving tasks like billing online.