Kathryn McClunie, Business Development Manager, JAVLN

The insurance industry is evolving rapidly, propelled by increasing compliance demands, heightened customer expectations, and the need to maintain profitability. Brokers, especially those still tied to server-based systems, are feeling the pressure to adapt. These systems act as a business anchor, requiring constant maintenance, costly upgrades, and on-site management. Is it time to consider a smarter solution—cloud technology?

Server vs. Cloud: What’s the Difference?

Let’s start by defining the two. Server-based systems, also known as on-premise solutions, require physical hardware located at your office, along with ongoing maintenance, IT support, and a significant upfront investment. While this approach was once the standard, it’s now considered outdated, less flexible, and more resource-intensive.

Cloud-based technology, on the other hand, is hosted by the software provider and accessed via the internet. With cloud, there’s no need to worry about hardware, manual upgrades, or in-house IT support. Plus, the subscription-based model makes it easier to budget, as you pay for what you need without large initial costs. Best of all, you can access your data from anywhere, making it perfect for hybrid work environments or teams spread across multiple locations.

Why Are Brokers Moving to the Cloud?

From my experience, brokers aren’t just searching for a new system; they’re looking for a full business transformation. Here’s why many are making the leap:

• Enabling remote work so you and your people can work from anywhere: cloud technology allows you to work from anywhere, any time.
• Working more efficiently by digitising your processes: Say goodbye to time-consuming manual tasks. The cloud offers automated workflows and seamless integrations that save time.
• Scalability: Unlike servers that are rigid and costly to upgrade, cloud solutions scale with your business needs. Whether you’re expanding or downsizing, you can adjust your cloud resources easily.

Cloud technology isn’t just a trend; it’s reshaping how businesses operate in an ever-changing environment.

The Evolution of Technology for Business

The evolution of technology isn’t just about the latest smartphone or gadget; it’s critical for businesses to modernise their systems with cloud technology to ensure you’re not left behind.

A Customer-Centric Approach

Cloud adoption isn’t just about having the latest technology; it’s about transforming the way you serve your clients. By reducing admin tasks and providing easier access to client information and data, cloud technology enables a more client-centric approach that puts clients at the heart of everything you do.

Gaining a Competitive Edge

Staying current with tech advancements gives a competitive advantage by boosting productivity, supporting remote work and future-proofing your business against technological obsolescence.

It’s time to move beyond outdated server-based systems and explore the possibilities that cloud technology offers. Make the smart choice and future-proof your business today.

Join the ranks of successful brokers embracing the cloud with JAVLN. Contact us today to learn more or book a demo and discover how we can transform your brokerage.