How your business stands up to natural catastrophes and other systemic shocks to your operation matters. Insurers need to have airtight Business Continuity Plans (BCPs) so that crippling times don’t bring your operation to its knees at a time when customers need you most. Failure (of your operations) is not an option.
In addition to risk management planning and the shift to remote working, insurers are constantly looking for new ways to reduce costs, drive revenue, improve collaboration, offer value to customers and reduce time to market for products.
Moving to the cloud brings the flexibility to scale business up and down as needed in times of normal operation, but it also brings the flexibility for the same architecture, tools and processes to support us in the most difficult times.
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