
Insurance companies are lagging in cloud modernization despite recognizing its benefits, with only 42% having modern infrastructure, but AWS Marketplace offers solutions to accelerate digital transformation and improve operations.


<div><p>This article discusses findings from a Forrester survey on insurance industry modernization, revealing that 58% of insurers lack modern technology infrastructure despite recognizing cloud benefits.</p><ul><li>52% expect improved data quality from cloud investments</li><li>Only 42% report having modern technology infrastructure currently</li><li>31% are unsatisfied with their existing cloud technology stacks</li><li>Fear of losing control in regulated environments hinders cloud adoption</li><li>Legacy mainframe systems consume significant maintenance resources</li><li>Changing consumer behavior, especially digital natives, drives modernization urgency</li><li>Data and analytics remain top priority since 2009</li><li>Entire tech stacks require evaluation for transformation</li><li>AWS Marketplace offers financial services solutions for modernization</li></ul><p>Insurance companies must overcome control concerns and legacy system dependencies to modernize cloud infrastructure and meet evolving customer expectations.</p></div>


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