Scaling Insurance with Industry Cloud

The insurance industry is at a juncture where existing cloud investments are failing to deliver the anticipated value. Despite substantial efforts, many insurers struggle to leverage cloud technologies to meet evolving business demands, creating a gap between investments and measurable outcomes. This challenge has prompted a shift in focus: insurers are no longer content with incremental improvements but are instead seeking solutions that enable them to achieve key business outcomes, such as enhanced customer experiences, streamlined operations, and sustainable growth.

Insurance industry cloud solutions combine the flexibility of general-purpose cloud platforms with the deep domain expertise required to address the insurance sector’s unique challenges. By tailoring solutions to specific needs, industry cloud-based solutions empower insurers to overcome traditional cloud model-based solutions’ limitations and unlock greater value. The report highlights how these solutions are particularly well-suited to bridge the value realization gap, offering insurers a path to align their technology investments with their strategic objectives.

This report is a comprehensive guide for insurers and providers looking to implement industry cloud solutions. It introduces a structured roadmap to align industry cloud deployments with Objectives and Key Results (OKRs) tailored to various business verticals within an insurance enterprise. By focusing on OKR-driven implementation, insurers can ensure that their cloud strategies align with organizational goals and are positioned for long-term success. The report provides a blueprint for providers to support insurers in maximizing cloud value realization. It emphasizes the importance of collaboration, customization, and continuous alignment with business outcomes to ensure sustained impact.