Cloud migration success stories: Insurance Software Provider

Azure Migration Success Story for Insurance provider on Revenue Generating Application banner

Case Studies Client Success Story

Cloud migration success stories: Insurance Software Provider

One of the largest US-Based Insurance Software Technology and service provider enables Azure Solution Assessment & AMMP Program

Industry: Finance

Emp Size: 500-1000

Headquarters: Hartford, CT

Property Casualty Insurance has seen a paradigm shift amidst the conditions of Covid-19. They were in extremely difficult situation with inflexible back-office operations, lacking to respond quickly and iteratively to continuously evolving demands. On top of it, at the same time the insurers needed to rapidly implement cost efficiencies and digital capabilities for interacting with prospects, policyholders, producers and service partners. This is one of the cloud migration success stories where an insurance software provider choose Microsoft Azure for digital transformation.

With all the market conditions and tactical challenges leading US-based property and casualty insurance software and data analytics provider, working with some of the world’s largest insurers, brokers, and MGAs, including 15 of the top 25 P&C carriers was envisioning a growth strategy.

Amidst all the market challenges and operational tussles, a leading property & casualty insurance software and data analytics provider in US planned to assess the underlying infrastructure and create an executable Azure migration plan to exit an on-prem environment housing business critical, revenue generating SaaS products.

And they quickly realized Azure Cloud Migration was their getaway to realizing their mission.

As such, they wanted to join hands with a technology partner having strong experience in providing Azure solutions for insurance and can provide deep insights for a FinTech environment.

With our Gold Microsoft Partner titles for Cloud Platform, Application Development, Motifworks was an obvious choice. Even more, our advanced specialization in Web Application Modernization, Window and SQL Server Migrations, Azure Kubernetes Service, was another reason to collaborating with us for their growth engagement, quickly and efficiently.

Business Challenges and Requirements

Strategically Fostering Azure Cloud Migration

The Insurance Giant aimed to be recognized as a leading brand in Enterprise Class Insurance SaaS products. For that, they wanted to create and execute an Azure Migration Plan for their Revenue Generating Applications by:

Leveraging Azure Native IaaS Services wherever possible
Open to Platform Modernization after Migration to Azure
Eliminating Administrative overhead of VPC and On-Prem customer Environments
Addressing Cloud Skills Gap with automation and IaaS
Improving security posture, uptime/availability to meet risk averse customer requirements
Achieving Operational efficiencies through standardization/simplification
Reducing Cost and Increase Cloud Adoption Velocity to strategically align with their customers’ cloud adoption initiatives

Technologies Used

Terraform

PowerShell

Azure VM

Custom VM Images

Azure DevOps

Azure Arc

Azure DevOps CI/CD Pipelines

Our Approach

Maximizing with Intelligent Collaboration

Over the course of the engagement, we introduced a fresh perspective and collaborative focus to help the Insurance Giant think about and ask questions about the best ways to transform their applications. At the same time, we helped them identify meaningful ways to assess how technology solutions could be applied to their finance processes.

To present a successful data center migration case study, we prepared a complete action plan to enable their Data Center Migration and Azure Recommendations by VM including the Azure profiles for both “As Built” and “Right-Sized” data with consumption estimates for licensing, contractor, or procurement options to support consumption estimates.

Solution

Gain Visibility with Tactical Planning

Under Azure Financial services, Motifworks proposed a flexible and seamless solution to help the insurance provider harness full potential of data and cloud to support their migration objective.

By implementing Solution Assessment and thereby executing Azure Cloud Migration, we were able to empower the leadership with the right technology at the right time in right framework that initiated a thoughtful and accelerated start to the migration.

In addition to this, Motifworks put forth all the Fundamental elements in place for the insurance provider to leverage their 2022 growth initiatives. This also enabled them to adopt Azure as the Primary cloud provider.

Implementation

Increased Agility for Faster Deployment

The eight-week engagement project began with an in-depth action plan for Azure Migration. With that in order, Motifworks supported their Cost/Value Justification by developing an interactive Power BI Dashboard for Actionable Insights. Next, we hosted a CAF Strategy and Planning Workshops to align business narrative with tactical outputs while building the landing zone to accelerate migration.

Implementing an In-Depth budget analysis for Costs in Azure and Migration Costs to align MS Investment Strategy and Customer Budget Executable Migration helped the US-Insurance provider to effectively satisfy the growth mission and Motifworks to create one of the best cloud migration success stories.