1. Microsoft Azure-Powered Self-Service Insurance Management Tool Gets Products to Market Fast
“With Azure, we can provide a genuinely elastic, web-scale insurance system. With the INSTANDA application architecture and a consumption-based pricing model, users configure once, deploy and distribute globally, and scale as needed.” – Derek Hill, COO, INSTANDA
SITUATION
The insurance industry is changing. Incumbents are trying to overcome high costs and the difficulties of distribution, while new entrants struggle even to participate. Neither can respond quickly to meet the pace of change. INSTANDA wanted to help companies to manage and distribute insurance products efficiently, deliver better customer experiences, and break free of technology constraints. It needed the right cloud platform to do it.
MICROSOFT AZURE ISV:
INSTANDA
WEB SITE:
LOCATION: London, England, UK
ORG SIZE: More than 20 employees
MICROSOFT AZURE ISV PROFILE:
INSTANDA provides a self-service management tool that empowers insurers, brokers, and managing general agents to build, test, and launch insurance products quickly, and distribute and self-manage them online and globally without the need for technical skills, coding, or support. It can be as part of a long-term strategy, or tactically to get a specific product to market.
SOLUTION
INSTANDA selected Microsoft Azure for its digital distribution capabilities. Azure Web App removes the need to work with operating systems and web servers, so INSTANDA can deploy web apps effortlessly. Azure Traffic Manager enables services to be deployed to new global markets rapidly, while built-in Azure auto-scaling means it can ramp up (or down) on demand. Azure Storage Service Encryption for Data at Rest, Azure Active Geo Replication, and Azure SQL Database Point In Time Restore ensures that end- customer data is recoverable and stored in more than one location.
BENEFITS
With Azure, INSTANDA can deliver scalability and flexibility to companies who can offer new services and products in regions across the world easily.
By hosting a flexible application in Azure, INSTANDA offers its customers unparalleled deployment, high performance, availability, and resilience.