The Lessons for the future of Insurance from Microsoft Flight Simulator 2020
Updated: Dec 11, 2020
Microsoft launched Flight Simulator 2020 embracing the power of the Azure Cloud and multiple data services to recreate the planet and to deliver a superb customer experience. This collaboration of data services and the power of the cloud points the way for the future, especially where real-time analysis of large data sets is required.
If we apply this to the current and more importantly the future of insurance. The number and scale of data sets to deliver underwriting excellence will expand at speed. To be efficient and effective, underwriters need the power to embrace these data sets to analyse the risk and make the real-time underwriting business decisions.
For MGAs and Insurance companies, the secret to underwriting excellence is the real time access to multiple data sets and the cloud holds the secret.