Build A Resilient Foundation With Hybrid Cloud For A Connected Future In Insurance
Build a resilient foundation with hybrid cloud for a connected future: A focus on the insurance industry
Insurers have historically faced little immediate pressure to improve their operational resilience compared to their counterparts in banks. However, with the industry in the thralls of a new digital revolution, the race is on for insurers to resolve operational resilience gaps. Those who do so effectively will find themselves ahead of the curve in a future defined by service models that are always-on and connected.
Hybrid cloud thus emerges as an integral component of the cloud risk management toolbox in addressing third-party IT risk and fostering greater operational resilience. Hybrid cloud not only enables insurers to enhance their disaster recovery and business continuity management capabilities, but also empowers them to collaborate and innovate with partners within a secure environment.
Read this study* to further understand:
- How operational resilience has become a blind spot for APAC insurance firms.
- How cloud migration has been perceived to impact operational resilience.
- Recommendations on leveraging hybrid cloud to address challenges related to resilience that emerge from cloud-related risks.
*Build A Resilient Foundation With Hybrid Cloud For A Connected Future In Insurance, a commissioned Thought Leadership Paper conducted by Forrester Consulting on behalf of Red Hat and Intel, March 2024.
