Software as a Service (SaaS) is a model that can deliver business functionality while circumventing traditional issues related to the development, deployment, and support of large enterprise applications. SaaS is closely associated with centralized, remote architectures, cloud computing, and applications delivered via the Web and accessed via Web browsers.
Typically, SaaS vendors offer the enticement of lower deployment costs, with access to software on a subscription basis, and ongoing costs based on usage rather than outright ownership.
A deployment model as attractive as this surely merits investigation by the insurance industry. As a starting point, it is helpful to consider two fundamental aspects of the SaaS business model. These are the twin needs of the SaaS vendor to maximize user volume, while minimizing deployment costs. For an Insurance company seeking to deploy enterprise business intelligence under a SaaS deployment model, the SaaS business model has serious repercussions.
Recommended For You
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
