Should You Consult A Cloud-based Insurance Vendor For Your Company?

Insurance companies exist to protect people’s futures. In this uncertain world, one can never know what happens next. What lies ahead may be good things; they could also be bad. No matter what tomorrow holds, insurance companies make sure that your best interests are protected. They thrive to make you feel secure and safe.

But if insurance companies exist to protect us, then who protects them?

No one has ever probably thought about this. Surely, an insurance company can’t insure themselves nor can they have another insurance company insure them. Whoa, what I just said was terribly confusing. Anyway, insurance companies would like to protect their best interests too. They would also want to preserve the trust people give them by making sure that no misfortune ever befalls the company. It’s overwhelming, really – the kind of responsibility insurance agencies assume. And yet, they continue to fight through all the pressure and deliver what needs to be delivered.

If you’re someone who’s running such a company, then you might appreciate what I have in store for you today – a suggestion. That may not sound much but trust me; this is something your company really needs. It’s a way to protect your company, its assets and all its best interests. It’s the perfect solution to keeping all your clients’ information safe too.

I’m suggesting that you move your company’s database to Cloud-based insurance software. Luckily an insurance software vendor can accommodate your need to switch to Cloud.

If you’re still not familiar about what that means, then allow me to explain the basics.

What Is The Cloud?

This video pretty much sums it up but if you’re more of the reader-type, then I’d be happy to articulate everything the video has to say as well.    

When you hear the word “cloud,” what comes to mind is probably something white and fluffy floating in endless space. Well, figuratively-speaking, that’s exactly what The Cloud is – an endless and intangible existence that seem to be floating nowhere.

The Cloud may seem like it has only popularized recently but cloud computing can be dated back to the late 20^th century. The reason we hardly know anything about it is because hardware was the “fashionable thing” thing at the time. Cloud Computing has only been applied and popularized in recent years.

Twenty years past, people used floppy disks and CDs to store data and you might not believe me when I say that the max capacity of a floppy disk back then was only 1.44 MB (see reference). If you were to use it in today’s time, can you imagine just how much (or in this case, how little) you can store in a single floppy disk? It can probably keep a single Word document, at the very least. If you wanted to back up important files and data, you’ll have to assign a different floppy disk to each and every one of them.

After floppy disks, came CDs. They can store more data (up to 700 MB) but that’s still too little compared to the type of hardware devices we use nowadays. If you were fond of buying movies back then, you would remember how one movie would be divided into two or three different CDs. This is because high-definition videos take up a lot of space and no single hardware can accommodate such a “heavy” file at the time. I remember watching Lord of The Rings (trilogy) using 9 different disks. It was such as hassle having to change the CDs when you’re already at the climax of the movie. It was such a pain, lol.

After these humble beginnings, we just kept on moving forward. CDs became DVDs and DVDs became flash drives, so on and so forth. Now, we have hard drives that can accommodate as much as 16 TB worth of files. We’ve definitely come a long way. Still, we didn’t stop there.

Developers found a glaring problem with hardware. No matter how much they extend a drive’s capacity, it is still susceptible to physical damage. Break it and you still lose all the data you’ve backed up. This has led to the creation of The Cloud– a type of software that can house limitless amounts of data without the risk of losing any.

But, how? How is this possible?

Well, The Cloud may be introduced to us as a completely virtual storage space but of course, we all know that is not true. It is virtual in a sense that we can access our accounts using any device that is connected to the internet but the actual devices storing all these data are still tangible. We call them “server farms.” Cloud-based companies build and scatter them all over the world to house the astronomical amounts of data people upload into The Cloud.

Then, doesn’t that mean The Cloud can still be destroyed?

Well, not exactly. The Cloud uses a method we refer to as “redundancy.” They keep on replicating the same data across countless servers to ensure that your files will always be safe. Even if an asteroid hits one farm, you’ll still have your data stored in other places. So it’s like they have back-ups for back-ups and more back-ups for back-ups.

This makes it the perfect place to store all your insurance company’s sensitive data. This way, you will never lose your clients’ accounts and you can also protect your company’s best interests.

The Cloud is where your company should be. Don’t you agree?