INDUSTRY
Microsoft for insurance
Unlock business value and deepen customer relationships in the era of AI.
OVERVIEW
Microsoft Cloud for Financial Services
Improve policyholder experiences, enhance collaboration, and drive impactful business outcomes with data and AI.
Transform the policyholder experience
Deliver differentiated policyholder experiences through deeper insights and relationships.
Empower insurance employees and agents
Improve productivity through better teamwork, insights, and communications.
Manage risk and compliance
Improve risk modeling, facilitate regulatory compliance, and protect against fraud.
Modernize core insurance operations
Transform key processes in the cloud to bring new products to market quickly.
Create a sustainable future
Drive impactful sustainability outcomes in financial services with ESG solutions and analytics.
Scenarios
Explore use cases
Learn how insurance technology solutions unlock business value and deepen customer relationships.
- Accelerate time to resolution and increase wallet share through personalized, AI-augmented customer experiences.Bring together disparate data sources for a holistic customer view and enable real-time insights and proactive engagement.Personalize and augment the customer experience across all digital channels with powerful AI tools and capabilities.Enable omnichannel engagement and intelligent self-service while personalizing and safeguarding customer interactions.
- Improve efficiency and empower the workforce with the right tools, data, and insights.Simplify collaboration across departments and centralize access to key resources and tools.Enable real-time engagement and live events with a suite of modern communication tools.Foster inclusion and well-being by optimizing work-life integration through data-driven insights.
- Improve actuarial productivity through faster modeling and deeper risk insights.Enhance insights related to at-risk insured assets and provide real-time data analysis and insights.Advance financial projections and insights, enhance reserving and capital management, and improve regulatory reporting.Protect against claims and underwriting fraud and process genuine claims faster.
- Move to the cloud to reduce costs, enhance processing time, and access value-added cloud services.Lower your underwriting costs, improve speed to quote, and enhance customer experience.Accelerate time to resolution, lower costs, and use AI to simplify the claims process and improve the customer experience.
SECURITY AND COMPLIANCE
Build on a trusted cloud
Mitigate risk and unlock business value on a foundation of intelligence, security, and compliance. You’ll be able to:
- Meet compliance requirements.
- Strengthen security and privacy.
- Foster resilience and transparency.
CUSTOMER STORIES
See how insurers are innovating
“One thing we noticed immediately with Dynamics 365 Marketing is that it’s much more modern.”
Carolin Kräling, Product Owner
40%
Increase in lead quality
Products
Dynamics 365
Power Apps
“We wanted a solution for internal customers who don’t have access to IT teams or developers to be able to build bots for themselves.”
Roger Reese, IT DevOps Engineer Lead
50,000
Potential internal users
Products
Microsoft Entra ID
Power Automate
“We consulted all possible technology partners. Microsoft was the most aligned with and complementary to our values.”
Cristiano Gianni, Head of Health Beyond Insurance
1.7M
Unique users
Products
Azure Synapse Analytics
Power BI
“Our ability to use Azure Machine Learning to proactively tackle fraud has massive potential.”
Aaron Minkovich, Chief Technology Officer
50%
Cost savings
Products
Azure AI Services
Azure Machine Learning
“It used to take four to six months to add resources, but with SAP on Azure and our infrastructure automation … [it takes] an hour.”
Gerhard Göppel, Head of Platform Operations
340
Servers in Azure
Products
Azure
SAP on Azure
“Our on-premises datacenter carbon footprint is reduced significantly by our move to Azure.”
Umeshi de Fonseka, Chief Technology Officer
20%
Cost savings on Azure
Products
Azure
Microsoft 365
PARTNER SOLUTIONS
Explore insurance solutions
Discover insurance and offerings from the Microsoft partner ecosystem.
Core operations
Duck Creek Technologies
Discover core system solutions for the property and casualty and general insurance industry.
Fraud detection
Shift Claims Fraud Detection
Deploy an AI-powered fraud solution for property and casualty insurers.
Actuarial and risk
Milliman Integrate
Explore the first fully industrialized solution for actuarial and risk reporting.
AI assistance
Majesco Copilot
Apply generative AI to policy, billing, claims, underwriting, and loss control.
Actuarial risk
Willis Towers Watson RiskAgility FM Cloud
Securely host, manage, and run data and software in the cloud for actuarial modeling.
Identity and access
Avanade Entra Verified ID Consulting
Embed decentralized identity in existing Azure services like Microsoft 365, Active Directory, and others.
Core operations
EY Nexus for Insurance
Quickly and cost-effectively bring new products to market with core insurance operations in the cloud.
Customer profile
PwC Customer Link
Build and activate personalized, real-time, omni-channel customer engagement.
Customer engagement
HSO Financial Services Blueprint
Enable streamlined operations and personalized customer engagements.
Claims analytics
FRISS Claims Analytics
Reduce false positives and score claims in real-time with automated fraud detection.
PRODUCTS
Discover Microsoft products
Explore products and solutions built on a highly-secure, compliant platform—the Microsoft Cloud.
Microsoft Azure
Create innovative cloud solutions for insurance with Azure.
Microsoft Fabric
Reshape how everyone in your organization accesses, manages, and uses data with a single, AI-powered platform.
Microsoft Power Platform
Cut costs and development time with low-code tools.
Microsoft 365
Drive workplace modernization and reduce risk exposure with Microsoft 365 solutions for insurance.
Microsoft Teams
Enhance communications, collaboration, and operations with highly secure tools for frontline workers.
Copilot for Microsoft 365
Be more productive, boost efficiency, and improve business outcomes with Microsoft Copilot for Microsoft 365.
Microsoft Dynamics 365
Connect your teams, processes, and data to create exceptional customer experiences and operational agility.
Microsoft Security
Safeguard your organization with business security solutions that work across platforms and cloud environments.
Discover valuable resources
Video
• November 2023
Enabling the future of financial services in the era of AI
Find out how Microsoft and its global partner ecosystem can help insurers create business value in the era of AI.
Blog
• February 2024
Exploration to innovation: 4 stages of AI adoption for insurers
Blog
• June 2023
The era of generative AI: Driving transformation in insurance
Blog
• October 2023
How Microsoft and generative AI are transforming financial service contact centers
NEXT STEPS
Start achieving more in insurance
Responsible AI
Microsoft AI principles and practices
Explore how Microsoft stays committed to responsible AI practices through governance, policy, and research.
Compliance
Compliance Program for Microsoft Cloud
Connect with subject-matter experts to support your risk, audit, and compliance teams and accelerate your cloud adoption.
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