Signal Alliance, Microsoft Partner on Cloud Computing

Signal Alliance and Microsoft are collaborating with insurance companies in Nigeria to promote cloud technology adoption and IT-driven insurance solutions for the robust development of the sector.

In a recent joint engagement with the Nigerian Insurance Association (NIA), the parties agreed to develop technology solutions that will enhance the practice of Insurance in Nigeria. The workshop was attended by key players in the insurance industry.

Signal Alliance Enterprise Solutions Development Lead, Mr. Anthony Nwankwo, said: “Our vast knowledge in deploying technology in the Nigeria financial services sector and global experience of our partner Microsoft have been made available to enable this sector operate more efficiently. Thereby giving workers and customers a whole new experience.”

Nwankwo reiterated the fact that cloud computing is the way to go for the insurance companies because it will enable them achieve economies of scale, such increase volume output or productivity with fewer people; reduce spending on technology infrastructure through pay-asyou-go model; streamline their processes and enable them to get more work done in less time with less people; and capital cost reduction, since they don’t need to spend additional money on hardware, software or licensing fees.

Other benefits of cloud computing to insurance companies according to Nwankwo, include, mobility and improve accessibility, as it will enable their workers to have access anytime,