What exactly is virtualization? Many talk about it in terms of servers, and being able to run multiple operating systems on a single server. Others talk about cloud computing as a form of virtualization. And, lately, there’s been talk about data virtualization, to make it easier to get at information. Virtualization is a broad topic. If you really want to get technical, you could argue that an operating system such as Windows itself is essentially a form of virtualization, since it employs a logical layer to abstract away a lot of underlying commands and connections within your PC or laptop.
For insurance companies, virtualization presents a special opportunity to finally pull together the various, disparate systems that are run under the same roof. Many carriers have mixed IT environments that employ mainframes for core processing as well as Windows and Linux servers for departmental applications and connecting with agencies. Policy administration, policy verifications, claims processing, and content management all require rapid processing capabilities, Employees now work with mobile devices, and many functions are now sent out to the cloud.
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