“Because of security and privacy issues, we are always cautious about the type of data we contemplate placing in the cloud,” said Gustavo Diaz, senior vice president and business relationship manager at Marsh, where he is the leader of technology strategy. “That has somewhat handcuffed us in leveraging the cloud to the degree we would like to.”

Make no mistake about it: Even as insurance accelerates into the cloud, data security remains a huge concern to insurers and producers of all sizes—far more than in most industries outside of financial services. 

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