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The need for risk modelling has grown significantly, with time-critical spikes in demand often exceeding available compute power. Many insurers have moved their modelling from desktop systems to high-performance grids, greatly improving modelling run times. However, even the best managed grids often cannot meet today’s demands during the spikes, and sit unused for significant periods of time – and that’s where the cloud can make a real difference.
Risk modelling is one of the fastest growing workloads in insurance – and the cloud is helping insurers to manage it in a way that delivers immediate value to the business and its customers. In this publication – Microsoft Perspectives on Insurance Risk Modelling – we share our views on technology solutions to enable incisive, efficient risk modelling in today’s increasingly complex and fast moving environment.