--- title: SaaS and Insurance description: Software as a service (SaaS) is technology that is working hard to accelerate the insurance industry's digital transformation. image: https://blog.insuredhq.com/hubfs/cloud-storage-upload-and-download-data-management-P6Q372R-147531-edited.jpg --- [![IHQ Logo - Banner RIGHT IHQ ONLY](https://blog.insuredhq.com/hs-fs/hubfs/IHQ%20Logo%20-%20Banner%20RIGHT%20IHQ%20ONLY.png?width=473&height=70&name=IHQ%20Logo%20-%20Banner%20RIGHT%20IHQ%20ONLY.png "IHQ Logo - Banner RIGHT IHQ ONLY")](https://www.insuredhq.com/insuredhq-insurance-made-simple) - [PLATFORM](https://www.insuredhq.com/solutions) - [RESOURCES](https://www.insuredhq.com/stories) - [Blog](https://blog.insuredhq.com/blog) - [News](https://www.insuredhq.com/media-pr) - [Use Cases](https://www.insuredhq.com/testimonials) - [Glossary](https://www.insuredhq.com/glossary) - [STORIES](https://www.insuredhq.com/stories) - [Customers](https://www.insuredhq.com/testimonials) - [ABOUT](https://www.insuredhq.com/company) - [Company](https://www.insuredhq.com/company) - [Privacy](https://www.insuredhq.com/privacy-policy) - [Glossary](https://www.insuredhq.com/glossary) - [CONTACT](https://www.insuredhq.com/contact) - [Demo](https://www.insuredhq.com/contact) - [Media Inquiries](https://www.insuredhq.com/en/media_inquiry) - [BOOK A DEMO](https://www.insuredhq.com/contact) [![IHQ Logo - Banner RIGHT IHQ ONLY-1](https://blog.insuredhq.com/hs-fs/hubfs/IHQ%20Logo%20-%20Banner%20RIGHT%20IHQ%20ONLY-1.png?width=473&height=70&name=IHQ%20Logo%20-%20Banner%20RIGHT%20IHQ%20ONLY-1.png "IHQ Logo - Banner RIGHT IHQ ONLY-1")](https://www.insuredhq.com/) - [PLATFORM](https://www.insuredhq.com/solutions) - [RESOURCES](https://www.insuredhq.com/stories) - [Blog](https://blog.insuredhq.com/blog) - [News](https://www.insuredhq.com/media-pr) - [Use Cases](https://www.insuredhq.com/testimonials) - [Glossary](https://www.insuredhq.com/glossary) - [STORIES](https://www.insuredhq.com/stories) - [Customers](https://www.insuredhq.com/testimonials) - [ABOUT](https://www.insuredhq.com/company) - [Company](https://www.insuredhq.com/company) - [Privacy](https://www.insuredhq.com/privacy-policy) - [Glossary](https://www.insuredhq.com/glossary) - [CONTACT](https://www.insuredhq.com/contact) - [Demo](https://www.insuredhq.com/contact) - [Media Inquiries](https://www.insuredhq.com/en/media_inquiry) - [BOOK A DEMO](https://www.insuredhq.com/contact) [![Request a Demo](https://hubspot-no-cache-ap1-prod.s3.amazonaws.com/cta/default/579587/c54a9440-5c58-4dcf-8f9a-b1500dd0b6ff.png)](https://hubspot-cta-redirect-ap1-prod.s3.amazonaws.com/cta/redirect/579587/c54a9440-5c58-4dcf-8f9a-b1500dd0b6ff) **Menu** [![Request a Demo](https://hubspot-no-cache-ap1-prod.s3.amazonaws.com/cta/default/579587/c54a9440-5c58-4dcf-8f9a-b1500dd0b6ff.png)](https://hubspot-cta-redirect-ap1-prod.s3.amazonaws.com/cta/redirect/579587/c54a9440-5c58-4dcf-8f9a-b1500dd0b6ff) - [Solutions](https://www.insuredhq.com/solutions) - [Company](https://www.insuredhq.com/company) - [Blog](https://blog.insuredhq.com/blog) - [Contact](https://www.insuredhq.com/contact) ![](https://blog.insuredhq.com/hubfs/cloud-storage-upload-and-download-data-management-P6Q372R-147531-edited.jpg) [technology](https://blog.insuredhq.com/blog/topic/technology) | [insurance](https://blog.insuredhq.com/blog/topic/insurance) | [software](https://blog.insuredhq.com/blog/topic/software) | [SaaS](https://blog.insuredhq.com/blog/topic/saas) | 1 min read # SaaS and Insurance [![Jon Davies](https://app.hubspot.com/settings/avatar/1519aefee29a33cac98c0bceff42b89c)](https://blog.insuredhq.com/blog/author/jon-davies) Written by [Jon Davies](https://blog.insuredhq.com/blog/author/jon-davies) 23 Mar 2022, 15:49:00 Software as a service (SaaS) is working hard to accelerate the insurance industry's [digital transformation](https://blog.insuredhq.com/blog/digital-transformation-in-the-insurance-industry) and specifically can be used to improve policyholder happiness, retention, and administrative cost savings.   The term SaaS, or software as a service, dates back to the 1980s, but its meaning has evolved over time -  instead of installing and maintaining software, SaaS applications are accessed online with security, availability, and performance all managed by the provider. This makes SaaS an accessible, customizable option for insurance businesses planning to scale.   In the insurance industry, embracing the opportunities of digital transformation via SaaS products, but ones that are backed by industry experience, is critical for future-proofing opportunity and building a sustainable business.   In our experience here at InsuredHQ, delivering this transformation is complicated but don't take just [our word](https://blog.insuredhq.com/blog/five-reasons-why-you-should-upgrade-to-a-cloud-based-saas-insurance-platform) for it; check out this webinar playback from the [Digital Insurer](https://www.the-digital-insurer.com/) on Common InsurTech Project mistakes and how to avoid them.   [https://www.the-digital-insurer.com/event/delivering-with-insurers-common-insurtech-project-mistakes-and-how-to-avoid-them](https://www.the-digital-insurer.com/event/delivering-with-insurers-common-insurtech-project-mistakes-and-how-to-avoid-them/) Previous Story [← 2022 - The Year of Insurance Platforms?](https://blog.insuredhq.com/blog/2018-the-year-of-insurance-platforms-0) Next Story [InsuredHQ recognized as a 5-Star Insurtech Provider →](https://blog.insuredhq.com/blog/saas-and-insurance-0) ## You May Also Like These Stories on technology [technology](https://blog.insuredhq.com/blog/topic/technology) ### [APRA says frontier AI requires urgent action.](https://blog.insuredhq.com/blog/apra-says-frontier-ai-is-urgent-most-insurers-cannot-count-their-own-systems) 26 Aug 2026, 16:52:15 | 4 min read [technology](https://blog.insuredhq.com/blog/topic/technology) ### [InsuredHQ - a Global 5‑Star Technology and Software Provider for 2025!](https://blog.insuredhq.com/blog/insuredhq-a-global-5-star-technology-and-software-provider-for-2025) 14 Aug 2025, 18:12:04 | 1 min read [insurer](https://blog.insuredhq.com/blog/topic/insurer) ### [State of Insurtech 2025: Australia’s Evolving Insurance Innovation Landscape](https://blog.insuredhq.com/blog/state-of-insurtech-2025-australias-evolving-insurance-innovation-landscape) 2 Apr 2025, 18:55:06 | 2 min read ### Subscribe by Email ## No Comments Yet Let us know what you think ![new-zealand-industry-awards-2024-finalist-insurtech](https://579587.fs1.hubspotusercontent-ap1.net/hub/579587/hubfs/new-zealand-industry-awards-2024-finalist-insurtech.png?width=1200&length=1200&name=new-zealand-industry-awards-2024-finalist-insurtech.png) ![IT10024-Badge-Black-v1](https://579587.fs1.hubspotusercontent-ap1.net/hub/579587/hubfs/IT10024-Badge-Black-v1.png?width=1200&length=1200&name=IT10024-Badge-Black-v1.png) ![Untitled design (1)-2](https://579587.fs1.hubspotusercontent-ap1.net/hub/579587/hubfs/Untitled%20design%20(1)-2.png?width=1200&length=1200&name=Untitled%20design%20(1)-2.png) ![5-star employer-1](https://579587.fs1.hubspotusercontent-ap1.net/hub/579587/hubfs/5-star%20employer-1.png?width=1200&length=1200&name=5-star%20employer-1.png) ![Technology and Software-1](https://579587.fs1.hubspotusercontent-ap1.net/hub/579587/hubfs/Technology%20and%20Software-1.png?width=1200&length=1200&name=Technology%20and%20Software-1.png) ![0305\_638760573676759902](https://579587.fs1.hubspotusercontent-ap1.net/hub/579587/hubfs/0305_638760573676759902.png?width=1200&length=1200&name=0305_638760573676759902.png) ![AWS badge-png](https://579587.fs1.hubspotusercontent-ap1.net/hub/579587/hubfs/AWS%20badge-png.png?width=1200&length=1200&name=AWS%20badge-png.png) ![Stripe Logo](https://579587.fs1.hubspotusercontent-ap1.net/hub/579587/hubfs/Stripe%20Logo.webp?width=1200&length=1200&name=Stripe%20Logo.webp) ![Xero-logo-hires-RGB](https://579587.fs1.hubspotusercontent-ap1.net/hub/579587/hubfs/Xero-logo-hires-RGB.png?width=1200&length=1200&name=Xero-logo-hires-RGB.png) ![vhT8hqUv\_400x400](https://579587.fs1.hubspotusercontent-ap1.net/hub/579587/hubfs/vhT8hqUv_400x400.png?width=1200&length=1200&name=vhT8hqUv_400x400.png) ![Worldpay-for-Platforms](https://579587.fs1.hubspotusercontent-ap1.net/hub/579587/hubfs/Worldpay-for-Platforms.webp?width=1200&length=1200&name=Worldpay-for-Platforms.webp) [InsuredHQ Reviews](https://sourceforge.net/software/product/InsuredHQ/) Copyright © 2023 InsuredHQ Limited. All Rights Reserved - [InsuredHQ Privacy Policies](https://www.insuredhq.com/privacy-policy) - [Glossary](https://www.insuredhq.com/glossary)