Willis Towers Watson has announced the launch of Igloo Cloud. Igloo Cloud extends the capabilities of Igloo, Willis Towers Watson’s capital modelling platform, into Microsoft Azure, removing reliance upon limited, complex and expensive data centres and providing access to effectively unlimited and flexible computing resources within Azure.
Igloo Cloud is designed to significantly reduce the overall cost of ownership of Igloo. By moving to an environment in Azure, managed by Willis Towers Watson, a user removes or greatly reduces the need for specialist IT, high-performance data centres, disaster recovery sites and hardware refresh cycles. This is replaced by a flexible world in which users can select the right resources for each job, paying only for what they need.
Additionally, Willis Towers Watson have recognised the need for simplicity to support the focus on real business goals. Igloo Cloud requires no material installation tasks for IT teams, whilst modelling users can be up and running within minutes of the system becoming available and with very little need for training.
Rob Collinson, Global Proposition Leader for P&C business at Willis Towers Watson, said: “Igloo Cloud offers transformational opportunities for all insurers that rely upon Igloo for capital and business modelling. Whilst the technology is clearly crucial, it’s the value that Igloo Cloud unlocks that matters. Igloo Cloud is designed to allow insurers to focus resources – people, time and money – away from administration and instead leverage models to more effectively understand and influence their business, improving performance and gaining competitive advantage.”