Skip to content

The cloud imperative for insurers: Application modernization strategies to drive value

Get started with Grid Dynamics

We offer flexible engagement models that help you to maximize the productivity and minimize risks.

AllAll services

Artificial intelligence

Harness the power of AI to supercharge operations, security, compliance, and creative innovation.

Digital engagement

Forge unbreakable customer bonds through captivating digital experiences and hyper-personalized journeys.

Data and ML platform services

Architect an intelligent data ecosystem that transforms information into actionable insights.

Cloud platform and product engineering services

Thrive in the cloud era with intelligent migration and modernization.

IoT and edge computing services

Leverage IoT and AI intelligence across your supply chain and manufacturing operations.

Digital transformation

Operational management

Transform your supply chain and manufacturing operations using cloud, IoT, data, and AI.

Marketing technology

Transform your marketing operations and customer experiences with data-driven process and decision automation.

Data and analytics

Enable advanced analytics, data science, and AI all across your enterprise using cloud data platforms.

Digital customer experience

Create advanced omni-channel digital experience platforms using the best open source and proprietary technologies.

Engineering and IT

Embrace digital transformation and boost your team’s output with DevOps practices and cloud infrastructure.

Enterprise security

Achieve holistic, automated protection across the enterprise ecosystem. DevOps, cloud, governance, platform security, operational anomaly detection and quality.

Composable commerce

Adopt a composable commerce approach and MACH architecture for optimized business flexibility and differentiated customer experience

Artificial Intelligence

AI-powered data analytics

Get to insights faster with data analytics and artificial intelligence, made accessible on a natural language interface

Conversational AI

Conversational systems change how we work, learn, shop, and play.

AI for process automation

Reinvent productivity with AI. Automate routine tasks and business processes, and boost employee productivity using generative AI

AI for product design and visualization

Create unique customer-facing interfaces and high quality images, and boost visual content creation productivity using generative AI

AI for developer productivity

Accelerate development processes with GenAI-powered tools

GenAI Catalog Optimization

Automate catalog management, accelerate product onboarding, and transform product data into a rich, engaging experience

Application development

Application modernization

Accelerate digital transformation through microservices, containers, and cloud-native stack.

Customer loyalty platform

Boost conversions, attract and retain customers with an engaging loyalty program.

Inventory management

Provide fast access to inventory information across channels.

Oracle ATG replatforming

Grow with unified commerce, omnichannel CX, composable commerce, cloud infrastructure, and microservices.

Maximize conversion and profits with an omnichannel pricing and promotions.

Unified commerce

Engage customers with a frictionless experience across multiple channels.

Analytics platform

Manage enterprise data assets, migrate from on-premise EDW to cloud, and improve data quality.

Cloud-agnostic semantic layer

Bridge the gap between complex datasets and actionable insights with a unified semantic layer, providing a single, consolidated view of metrics for all data consumers

Data governance

Prevent a data lake from turning into a data swamp

Automatically detect data corruption and prevent it from spreading.

Accelerate the development of IoT analytics and smart manufacturing solutions with a platform that provides data collection, processing, and edge deployment capabilities out of the box.

Scale machine learning in the enterprise, adopt MLOps, and boost the quality of insights. Deploy anywhere.

Machine learning Ops

Consistently deliver actionable insights.

Stream processing

Achieve real time insights and increase decision making speed with stream analytics.

Cloud migration

Boost enterprise agility and increase reliability of applications and data analytics by migrating to the cloud.

Continuous delivery

Increase speed to market while raising quality and reducing cloud costs.

Microservices platform

Get to insights faster and achieve greater business impact.

Data science & ML

Anomaly detection

Minimize risks in your customer-facing, manufacturing, and IT operations.

Customer intelligence and personalization

Optimize billions of personalization micro-decisions.

Fraud detection and prevention

Protect your applications and services from fraud using AI.

Marketing spend optimization

Optimally allocate budgets across marketing channels.

Predictive maintenance

Prevent failures and reduce operational and maintenance costs using data science and machine learning.

Pricing optimization platform

Price and promotion predictions management using econometrics and ML.

Supply chain optimization

Optimize hundreds of supply chain decisions using AI and simulations.

Trade promotion optimization

Adopt a scientific approach to trade promotion management.

Visual Quality Control

Automate challenging quality control scenarios using state-of-the-art AI methods

Continuous performance testing

Catch performance issues before they hit production.

Quality automation

Where high quality and efficiency meet.

Test data management

Enabling efficient QA automation with test data.

Test driven development

Test and develop software at the same time.

Voice applications testing

A blueprint for testing voice applications.

Let shoppers find products they’re looking for in a snap – even the things they can’t name.

Lucidworks Services

Deliver the AI-powered personalization that drives truly compelling customer experiences

Endeca replatforming

Endeca is now a legacy and stays on the way of innovation, business agility and resilience.

Open source search engines

Upgrade your search system to a scalable, cloud-ready open source solution.

Search performance engineering

Boost the scalability and performance of your Solr or Elasticsearch implementation

Semantic vector search

Address trickiest of queries with the next-generation semantic vector search

Smart autosuggest

Seamlessly enable customers to explore your catalog with smart autosuggest

Augmented reality

Augmented reality is changing mobile apps.

Cross-platform mobile apps

Build fast, personalized cross-platform mobile apps. Reduce development costs and improve customer experience.

Micro frontends

Redesign or create new enterprise-size applications with modern technology stacks and robust architecture.

High performing apps require superior mobile testing.

Progressive Web Apps

Create app-like experiences for mobile users without several dedicated apps. Build Progressive Web Apps.

Web applications performance optimization

Deliver a downright delightful UX, rank high in search and optimize overall system performance efficiency

All Starter kits

Industries

Get Started with Grid Dynamics

For clients across many industries, we offer flexible engagement models that help to maximize the productivity and minimize risks.

AllIndustries

Digital commerce

Retail and brands

Pharma and life sciences

Media, hi-tech and telecom

Finance and insurance

Energy and utility

Dynamic Talks is a virtual and physical event series focused on technology and digital transformation trends

Meet us at conferences and public events

Community events

Local IT communities, hackathons, and university programs

Digital transformation

Data science & AI

Cloud and DevOps

Omnichannel commerce

Advanced manufacturing

Global talent acquisition

Solution briefs

We are looking for the best

Are you one of the top 10% in your field? Do you have a passion for technology and want to make a difference? If so, we are looking for you!

DISCOVER OPENINGS

Discover openings

Find an opportunity in your area

Community, charity, sports parties and more!

Why join our team

Learn what makes Grid Dynamics a top employer of choice

Learn more about our offices worldwide

Growth opportunities

Advance your skills and master new technologies

Global mobility

Discover our relocation options worldwide

NASDAQ CM: GDYN

$13.47

Sep 19, 2024 4:00 PM EDT

Corporate governance

Financial information

GigaCube Growth Framework

Facebook
LinkedIn
Instagram
YouTube

+1 (650) 523-5000

5000 Executive Parkway, Suite 520, San Ramon, CA 94583

Health Plan Transparency

Responsible Disclosure Policy

Accessibility Statement

Do Not Sell or Share My Personal Information

ISO 27001 NQA certificate

Grid Dynamics recognized as Google Cloud leader by Everest Group Grid Dynamics recognized as Google Cloud leader by Everest Group

Home Articles Insurance Page 2

Insurance

Cybersecurity financial services

Everything financial organizations need to know about cybersecurity in the cloud and DevOps era

Suresh Nageswaran

March 21, 2024

Insurance trends for 2024

Anton Trebunskii

March 19, 2024

MVP strategy

MVP strategy in insurance system transformation: Expert insights for a customer-first future

Gatis Vuguls

October 6, 2023

Insurnace Generative AI

Generative AI for regulatory compliance in the P&C insurance industry

Leo Shulman

July 17, 2023

From buzzword to business reality: An industry framework for generative AI readiness

Anton Trebunskii

May 17, 2023

The future of the financial industry: 3 critical customer 360 and personalization trends

The future of the financial industry: 3 critical Customer 360 and personalization trends

Alia Shkurdoda

March 16, 2023

Revolutionizing Financial Services: AI and ML-driven customer 360 and personalization

Revolutionizing financial services: Ai and ML-driven customer 360 and personalization

Kate Tsurkan

March 10, 2023

side view woman working digital monitors

AI-powered risk prevention in the P&C insurance industry

Kate Tsurkan

November 8, 2022

How insurtechs are transforming the insurance industry

How insurtechs are transforming the insurance industry

Alia Shkurdoda

October 25, 2022

Enhance customer 360° views in insurance with predictive analytics and AI in the cloud

Enhance customer 360° views in insurance with predictive analytics and AI in the cloud

Grid Dynamics Market Analyst

August 4, 2022

The cloud imperative for insurers: application modernization strategies to drive value

The cloud imperative for insurers: Application modernization strategies to drive value

Grid Dynamics Market Analyst

July 6, 2022

Insurance customer 360: automate, personalize, accelerate and grow customer acquisitions with AI and ML

Insurance customer 360: Automate, personalize, accelerate and grow customer acquisitions with AI and ML

Kate Tsurkan

May 26, 2022

Insurance data 360: Sync your business data ecosystem, eliminate silos and see ultimate efficiency at scale

Insurance data 360: Sync your business data ecosystem, eliminate silos and see ultimate efficiency at scale

Alia Shkurdoda

May 10, 2022

Insurance 360: Unlock value creation with these industry-disrupting, experience-refining trends

Insurance 360: Unlock value creation with these industry-disrupting, experience-refining trends

Grid Dynamics Market Analyst

May 5, 2022

Fintech Companies Outsourcing in Eastern Europe: Success Stories

Fintech companies outsourcing in Eastern Europe: Success stories

Grid Dynamics Market Analyst

January 11, 2022

Subscribe to updates
from the Grid Dynamics Blog

Select your areas of interest, and we'll alert you whenever new content is published :

All domains

Digital Transformation Cloud and DevOps UI and Mobile Data Science and AI QA Omnichannel Commerce Big Data Search Supply Chain Advanced Manufacturing

terms I have read and accepted the Terms & Conditions and Privacy Policy, and I allow Grid Dynamics to contact me.

CONTACTS

5000 Executive Parkway, Suite 520, San Ramon, CA 94583

+1 (650) 523-5000

SECTIONS

Home page
Services
Solutions
Industries
Leadership
Partnerships
Careers
Events
Insights
Investors
Cookie List
Privacy Policy
CCPA
Terms of Use
E-Verify
Health Plan Transparency
Responsible Disclosure Policy
Accessibility Statement
Do Not Sell or Share My
Personal Information

FOLLOW US

Copyright © 2024 Grid Dynamics Holdings, Inc. All rights reserved.

Grid Dynamics Holdings, Inc. (“Grid Dynamics”) is publicly traded on the Nasdaq Stock Market (ticker symbol GDYN) and has its headquarters in San Ramon, California. Beijing Teamsun Technology Co., Ltd. (“Beijing Teamsun”), a Chinese company, is a minority shareholder, beneficially owning approximately 20.0% of the shares of Grid Dynamics through a subsidiary. The precise ownership percentage of Beijing Teamsun may fluctuate and is updated regularly in Grid Dynamics’ filings with the Securities and Exchange Commission (available at https://www.griddynamics.com/investors and at www.sec.gov); Grid Dynamics anticipates that Beijing Teamsun’s ownership level will not exceed approximately 20.0%.

Please note that currently we do not run a Bounty program.
You can find more details about reporting any potential security issues to abuse@griddynamics.com in our Responsible Disclosure Policy.

Subscribe to our latest Insights