Filed Under:Technology, Tech Management

The State of SaaS

According to Gartner, which places the maturity of insurer’s use of cloud in the middle of the spectrum (“moderate”), cloud-based Software-as-a-Service (SaaS) is being seen in insurance primarily in non-core applications such as email, collaboration, file-sharing, and Web conferencing. Gartner predicts that enterprise applications not seen as competitive assets—such as financial management, HR and procurement—will lead cloud adoption among insurers, while the use of SaaS for vertical solutions will remain limited. 

Accenture identifies three waves of adoption of cloud at the application level. The first two waves involved horizontal solutions, with the first involving insurers looking at CRM, human capital, and financial management software and the second focused on desktop productivity tools, including word processing, spreadsheets, email and web conferencing. The third wave will involve vertical, core applications. Accenture observes that in this third wave, insurers are first targeting specific points in core processes—such as first notice of loss in claims—before moving to deeper levels of SaaS deployment.

 

Top Story

Here are 5 things every employer needs to know about the millennials in their workforce

There are many myths and stereotypes surrounding the millennial generation, but here are the facts.

Top Story

Nervous flyer? Here are the 10 safest airlines for 2015

AirlineRatings.com has released its list of the top 10 safest airlines and the top 10 safest low-cost airlines for 2015.

More Resources

Comments

eNewsletter Sign Up

Tech Digest eNewsletter

Technology related insights for insurance professionals including key developments, solution providers and news briefs from the carrier front – FREE. Sign Up Now!

Mobile Phone
         

Advertisement. Closing in 15 seconds.