Allianz SE Partners With Microsoft On Open-Source Insurance Platform

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  • 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.

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