- Allianz SE will offer an Azure cloud-based marketplace for ready-made software applications
- It will open-source part of the solution’s core to enhance capabilities
Allianz SE and Microsoft have entered into a partnership where Allianz will move core pieces of its global insurance platform, Allianz Business System (ABS), to Microsoft’s Azure cloud and will open-source part of the solution’s core to improve and expand capabilities.
Jean-Philippe Courtois, EVP and president, Microsoft global sales, marketing and Operations, said, “Together, Microsoft and Allianz are offering a solution that combines Allianz’s deep knowledge of the insurance sector with Microsoft’s trusted Azure cloud platform. By delivering an open-source, cloud-based insurance platform and software application marketplace, we will support innovation and transformation across this sector.”
Azure cloud-based marketplace
Syncier , the insurtech founded by Allianz will offer a configurable version of the solution called ABS Enterprise Edition to insurance providers as a service. It will also offer an Azure cloud-based marketplace for ready-made software applications and services designed for the insurance sector.
Such solutions will include customer service chatbots or AI-based fraud detection says Allianz SE. It will help insurance providers to easily and quickly implement the available solutions in a plug-and-play manner claims the company.