SaaS Execution Models

Taking into account the SaaS-oriented nature of the systems to support Insurance front end processes, several execution models have emerged. These models can be termed as Hybrid Cloud implementations since not all of the functions have truly moved to the Cloud.

Some of the existing models include:

* SaaS in a Virtual Private Cloud
Here both the software and hardware are provisioned by the SaaS vendor in either a virtualized of non-virtualized environment.
* SaaS in a Hosted Environment
Here the SaaS infrastructure in terms of application development and deployment is still private and under the ownership of that particular SaaS vendor but is hosted in either a Virtualized or non-Virtualized Hardware environment (Servers and Storage).


These models are already prevalent with many Insurers outsourcing this function to SaaS vendors. This is increasingly being availed of by Insurance wholesalers in a B2B fashion rather than a B2C mode. Individual customers still go to the respective Insurance company’s website to obtain quotes.Read More..

Cost-effective way to add business value to integration initiatives

Enterprises have multiple applications, scattered data assets spread across different business units, each serving a different purpose. In most cases, applications continue to be vital to the operation of a department, and pivotal to the business as a whole. However, these applications were most often designed and built with a specific need in mind, and not to fit into a broad enterprise IT architecture. In many cases, no such broad architecture exists. This drawback however means that these applications have limited interoperability and inter-application communications capabilities, making it difficult to leverage them to add new business value. To achieve the capabilities such as offering new revenue opportunities, streamlining inefficient or noncompetitive procedures, or reducing costs by exploiting modern technology, you need your applications to work together.

Enterprise-wide Integration solutions have the answer to the problem. They offer a common interface for independently running applications and enable existing applications not only to interoperate, but also define business logic and process rules to organize applications.
However the primary goal of integration must be to make your organization more profitable, competitive and efficient.