by Justin Lankes
28. June 2010 19:31
I was re-reading an article from Insurance and Technology, 4 Technology Solutions That Sizzle originally written in December of 2009. The first solution discussed is cloud computing and SaaS and starts off, "Insurers remain cautious in their adoption of newer technologies." We've been dealing this mindset for years and I'm happy to see that even in the past 6 months issues pertaining to data security are less prevalent in demonstrations and negotiations.
A SaaS solution offers better back up and security for data for all PI companies even those who can afford a full-time IT staff. Using SCOUT PIs own their data, it's backed up in multiple locations everyday by systems and procedures dedicated to such efforts. There are generators and state of the art security systems protecting the servers where the data is stored as well. SCOUT also uses the latest data encryption methods available.
The same goes for Carrier's concerns. Deploying a SaaS solution is no more and often times less risky than hosing a solution and data on-site. I've also never come across an installation where it was cheaper to perform hosting functions on-site either.
The case for moving insurance related software solutions into the Cloud is undeniable.