RL - Insurance

Leading insurer supercharges its business growth with dependable managed file transfers in the cloud

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INDUSTRY Insurance GEOGRAPHY North America CHALLENGE This leading insurer must exchange sensitive data with key stakeholders securely, reliably and cost-effectively. The company aimed to find a file transfer system that could be deployed quickly, while avoiding the cost and complexity of building an on-premises managed file transfer (MFT) platform. SOLUTIONS • Axway Managed File Transfer • Axway Managed Cloud RESULT By transitioning to Managed Cloud for MFT, the insurer gains high availability and seamless scalability without sending costs soaring — helping the company to support 500,000 transactions per year with ease. CUSTOMER CASE STUDY axway.com Leading insurer supercharges its business growth with dependable managed file transfers in the cloud This insurance company is one of the leading providers of annuities and life insurance in the United States. Following a major corporate restructuring, the clock was ticking for the company to build the systems and processes to drive its business before its legacy systems were deactivated. A spokesperson for the insurance company takes up the story: "We were effectively becoming a brand-new company. Achieving this goal required us to build front-to-back systems almost from scratch in a relatively short period of time." Ensuring secure collaboration As a financial services organization, the insurer must collaborate with a wide variety of stakeholders. These include internal teams in the organization, as well as external groups such as banks, insurance companies, and regulatory bodies. "Managed file transfer [MFT] plays a key role in our overall B2B integration strategy, and so delivering these capabilities before the legacy systems were switched off was a top priority," continues the spokesperson. "Without the ability to exchange data with our partners securely and reliably 24 hours a day, our business would simply grind to a halt. As a result, we were keen to find an enterprise-class MFT solution that would give us the peace of mind of round-the-clock availability." Path to the cloud At the same time, the insurer saw an opportunity to avoid the cost and complexity of on-premises IT infrastructure by embracing managed services in the cloud.

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