2020 Thematic Research into Cloud Computing in Insurance – ResearchAndMarkets.com

Business Wire

DUBLIN--(BUSINESS WIRE)-- The "Cloud Computing in Insurance - Thematic Research" report has been added to ResearchAndMarkets.com's offering.

This report provides in-depth analysis of the use of cloud in the insurance industry. It looks at use cases and how the technology can help overcome the challenges faced by insurers. It provides a thorough overview of the market along with analysis of how the development of cloud technology will impact the insurance value chain.

The rise of insurtech - the digitalization of insurance - is posing a huge threat to incumbents. They are being disrupted by digital-savvy start-ups, such as Lemonade, which use digital tools to offer a more personalized and cheaper insurance experience. Combined with a general lack of trust in insurers, consumers are increasingly switching to digital-native insurers. Traditional firms risk further falling profitability if they fail to digitally transform. Insurance firms also face increasing cybersecurity risks due to the sensitive customer information that they control, and increasing regulatory scrutiny of the storage and use of this information.

Scope

The use of cloud technology will benefit the insurance industry across the value chain, with use cases being found in both the life and non-life insurance space.
Cloud computing has changed the way companies can store and interact with data. Its advantages over legacy technologies are the offer of a more convenient and powerful alternative for IT at a cheaper price point.

Reasons to Buy

Benchmark yourself against the rest of the market.
Ensure you remain competitive as new innovations and insurance models begin to enter the market.
Be prepared for how regulation will impact the use of wearable tech in insurance over the next few years.

Key Topics Covered:

Cloud value chain
Key players in the cloud computing value chain
Insurance challenges
The impact of cloud on insurance
Case studies
Market size and growth forecasts
Timeline
Players
Leading cloud adopters in insurance
Leading cloud vendors
Specialist cloud vendors in insurance
Glossary
Appendix: Thematic research methodology

Companies Mentioned

Allianz
Allstate
Aon
Aviva
AXA
Lemonade
Mapfre MetLife
Ping An
Zurich
Alibaba
Alphabet
Amazon
Cisco
Dell
Hewlett Packard Enterprise
IBM
Inspur
Microsoft
Oracle
Progress Software
Rackspace Technology
Salesforce
SAP
VMware
Docker
Huawei
TIBCO
Acturis
Applied
Cloud Foundry
FIS
Informatica

For more information about this report visit https://www.researchandmarkets.com/r/3w4ld8

View source version on businesswire.com: https://www.businesswire.com/news/home/20201207005558/en/

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Source: Research and Markets