Validus-IVC Ltd (“Validus”) provides motor claims analysis and management services to insurers, brokers and self-insured fleet operators. Its systems include vCASE™, AskLudo™ and WhoseFault™, all of which are delivered under the SaaS (Software as a Service) philosophy.
After significant market evaluation and technical testing of its services, Validus have made the decision to move to AWS. James Duez is Validus’s Chief Technology Officer. He states, “Unlike traditional dedicated hosting environments, AWS gives us unprecedented control over our infrastructure, including the ability to launch new products rapidly and scale them quickly.”
“Now is the right time for us to move from our own internally hosted infrastructure to a cloud provider, and AWS is the perfect partner for us. The move will ensure that our platform keeps pace with our growth plans, and the growing demand for our services.”
Validus has been analysing motor claims for many years and its main claims platform vCASE™ actively processes thousands of new claims every week. It is also a secure repository for millions of claim documents which need to be accessible by clients quickly, and from any location.
“A highly scalable storage system is a mission critical requirement for Validus, and Amazon S3 is a key component in the future of our model.”
Validus is known for its expert systems that continually analyse claims data looking for inflation and fraud. Moving forward, Amazon Elastic Computing services will provide all of the flexible computer processing capability required to enable vCASE™ to scrutinise each and every claim quickly.
“In the round, the most significant advantages for us are configuration flexibility, scalability, improved risk management and an enhanced disaster recovery provision.”
Validus expects to be using AWS to underpin 100% of its cloud services by the end of August 2012.