{"id":5115,"date":"2012-12-14T16:45:00","date_gmt":"2012-12-14T16:45:00","guid":{"rendered":"http:\/\/www.cloudcomputing-news.net\/blog-hub\/2012\/dec\/14\/can-insurance-companies-risk-ignoring-the-cloud\/"},"modified":"2012-12-14T16:45:00","modified_gmt":"2012-12-14T16:45:00","slug":"can-insurance-companies-risk-ignoring-the-cloud","status":"publish","type":"post","link":"https:\/\/icloud.pe\/blog\/can-insurance-companies-risk-ignoring-the-cloud\/","title":{"rendered":"Can insurance companies risk ignoring the cloud?"},"content":{"rendered":"<div class=\"field field-name-body field-type-text-with-summary field-label-hidden\">\n<div class=\"field-items\">\n<div class=\"field-item even\">\n<div class=\"field field-name-body field-type-text-with-summary field-label-hidden\">\n<div class=\"field-items\">\n<div class=\"field-item even\">\n<p>Since joining Bluewolf, I have been blown away by the expansive success we have had transforming businesses &#8211; including those competing in the most commoditised and regulated environments. <\/p>\n<p>Until recently, I&rsquo;d spent my entire career in the insurance industry &#8211; an industry that is highly regulated, fairly traditional and generally slow to adapt to technology. The evidence shows that insurance companies that don&rsquo;t leverage cloud technology to create unique customer experiences are at high risk of getting left behind.<\/p>\n<p>Insurers tend to depend on core legacy system applications due to compliance concerns around&nbsp;storing their data in the cloud. The multi-tenant environment of the cloud triggers complex and continuously evolving federal regulations such as the Gramm-Leach-Bliley Act (GLBA)&nbsp;and the Health Insurance Portability and Accountability Act (HIPPA). <\/p>\n<p>A number of states, like Massachusetts, have now imposed their own unique information security standards on how businesses maintain non-public personal information.<\/p>\n<p>While &#8230;<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Since joining Bluewolf, I have been blown away by the expansive success we have had transforming businesses &#8211; including those competing in the most commoditised and regulated environments. Until recently, I&rsquo;d spent my entire career in the i&#8230;<\/p>\n","protected":false},"author":9,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-5115","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/posts\/5115","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/comments?post=5115"}],"version-history":[{"count":0,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/posts\/5115\/revisions"}],"wp:attachment":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/media?parent=5115"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/categories?post=5115"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/tags?post=5115"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}