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Cloud in Insurance

Cloud computing’s importance has grown significantly in recent years. It has enabled the use of shared IT infrastructure and services to create a flexible, scalable, and on-demand IT environment. Cloud computing provides users with an approach to consuming IT that is significantly more flexible, resource-efficient, and cost-effective compared to traditional IT. The widespread move to home-working necessitated by COVID-19 would have brought businesses to a grinding halt had investments in cloud not been made over the last 10 years. That investment now has the potential to transform the way some businesses operate and Life Insurance International brings you all the latest information on cloud computing in insurance.

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Cloud Deals Activity in the Insurance Sector

Life Insurance International’s cloud deal tracker in the insurance sector monitors deals involving cloud or similar technologies over the past nine quarters.

Cloud Deals in the Insurance Sector: Q1 2020 – Q1 2022

50 Venture Financing

Total Value US$m: 519.4
YOY Change: 97.1%

19 Acquisition

Total Value US$m: 12.2
YOY Change: -100%

8 Partnership

Total Value US$m: NA
YOY Change: -

4 Equity Offering

Total Value US$m: 1,105.2
YOY Change: -78.6%

3 Asset Transaction

Total Value US$m: 17
YOY Change: -100%

3 Private Equity

Total Value US$m: 2,055
YOY Change: -

2 Merger

Total Value US$m: 968
YOY Change: -100%

Cloud Driven Innovation in the Insurance Sector

To best track the emergence and use of cloud in insurance, Life Insurance International tracks patents filings and grants as well as companies that hold most patents in the field of cloud.

Number of patents in Cloud in the Insurance Sector: Past 20 years

Cloud patents tracker in the insurance sector monitors the patents filings and grants over the past two decades.

Top holders of patents in Cloud in the Insurance Sector: Past 20 years

Life Insurance International patent ownership data monitors the companies that hold most cloud patents in the sector.

Number of Cloud Mentions in Filings in the Insurance Sector: 2016-2021

Life Insurance International tracks thousands of companies and their annual and quarterly filings. Our analysis tracks the mention of cloud in those filings over the past five years.

Cloud Versus Top 5 Themes in Insurance

Life Insurance International compares cloud mentions in filings versus mentions of other technology themes in filings data over the past five years.

Top 10 Companies with Cloud Mentions in Filings

Life Insurance International tracks which insurance companies mention cloud in filings most over the past five years.

Cloud Jobs Insights in the Insurance Sector

Life Insurance International monitors live insurance company jobs postings mentioning cloud or those requiring similar technology skills.

Cloud Job Trends in the Insurance Sector

Jobs postings by insurance companies mentioning cloud over the recent past. Cloud jobs tracker in the insurance sector looks at jobs posted, closed and active in the sector.

Most Active Insurance Companies with Cloud Jobs

Life Insurance International’s insurance jobs tracker lists insurance companies with most cloud jobs posted in the recent past.

Cloud Influencer Activity in the Insurance Sector

Life Insurance International tracks the mentions of cloud by pre-identified insurance sector influencer on Twitter. The graph indicates the volume of tweets and influencers mentioning cloud through recent months.

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