Gartner Research

Survey Finds Few Examples of Fully Cloud-Enabled P&C Insurance Core Solutions

Published: 02 October 2013

ID: G00248326

Analyst(s): Jeff Haner

Summary

A Gartner survey revealed that the percentage of deployments for P&C insurance core solutions hosted by vendors in North America is increasing. However, insurance CIOs should assess a core solution's cloud enablement, or risk selecting vendors that fail to deliver.

Table Of Contents
  • Impacts

Analysis

Impacts and Recommendations

  • Lack of cloud enablement within vendor-hosted core solutions will prevent insurers from realizing key cloud benefits
  • The small size and limited experience of vendors that offer cloud-enabled core solutions increase insurers' implementation risk and will slow adoption of cloud core solutions within the industry

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