Cloud insurance uptake set to increase in light of FCA consultation

Cloud computing circuit

A Financial Conduct Authority consultation giving guidance to financial services firms outsourcing to the cloud should result in more insurance industry players using the technology, commentators predict.

The FCA released its consultation paper on 12 November and said there is no "fundamental reason" why cloud computing cannot be used by financial services companies in a manner that complies with its

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Nigel Walsh, Google Cloud

The number of deals insurers have been making with Google Cloud to finally deliver that seamless, personalised insurance experience that customers used to shopping via Amazon and streaming films via Netflix is ramping up.