Insurance provider names AWS as its preferred
cloud provider to power the company’s IT transformation and create
value for its customers, employees, agents, partners, and the
community
At AWS re:Invent, Amazon Web Services, Inc. (AWS), an
Amazon.com, Inc. company (NASDAQ: AMZN), today announced an
expanded relationship with American Family Insurance, a mutual
insurance company focused on property, casualty, business, and life
coverage. As part of the multiyear agreement, American Family
Insurance has selected AWS as its preferred cloud provider to help
accelerate cloud migration, drive innovation, provide financial
support and training for the local community, and reduce
environmental impact.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20221201005413/en/
In addition, American Family Insurance and AWS have teamed up to
establish a co-innovation fund as part of the companies’ shared
commitment to create new solutions that will benefit consumers and
the insurance industry. The fund will allow cross-functional teams
to work backwards—using cloud technologies, developing new
processes, and combining expertise from both companies—to solve
specific business and insurance industry challenges. The fund aims
to identify, test, and develop novel ways to support consumer
insurance needs that could be broadly adopted across the entire
insurance industry.
“With AWS, we’re embarking on a mission to accelerate digital
innovation in every part of our business,” said Peter Settel,
American Family Insurance’s chief strategy and technology officer.
“The American Family Group of companies are customer-driven and
powered by purpose—we champion dreams and opportunities so everyone
can rise. Working with AWS, we are building on our 95-year history
to deploy the technology foundation necessary to serve our
customers and our communities for the decades ahead."
American Family Insurance’s expanded partnership with AWS will
accelerate the insurance company’s cloud migration. This multiyear
migration will enable American Family Insurance to centralize its
information technology infrastructure and reduce operating costs,
enhance business performance, and expand support for the company’s
13.1 million policyholders. Once the migration is complete,
American Family will leverage AWS analytics, compute, databases,
machine learning, security, and storage capabilities to drive
efficiencies, increase responsiveness, and become a more agile
company in the cloud.
“Migrating our legacy systems to the cloud enables us to deliver
new digital processes that reduce response times, help boost
innovation, and decrease operating costs, while still providing the
personalized service and security that our customers expect,” said
Sheldon Cuffie, American Family Insurance’s chief information
security officer.
“AWS will help American Family Insurance meet the industry’s
most stringent security and compliance requirements, gain a
holistic view of customer preferences, and innovate ways to help
protect what matters most,” said Matt Garman, senior vice president
of Sales, Marketing, and Global Services at AWS. “AWS’s scale,
performance, and portfolio of capabilities give American Family
Insurance the flexibility to focus on innovation, delivering new
products and customer touchpoints that reflect its commitment to
exceptional service.”
Supporting Local Communities and the Environment
American Family Insurance is committed to investing in the
communities it serves. Providing access to technical training is a
critical step in helping underemployed individuals embark on a new
career in IT. Starting in 2023, American Family Insurance and AWS
will provide free cloud training together with Brooksource, an AWS
Technology Consulting and training partner, and Milwaukee Tech Hub
Coalition, a non-profit organization working inclusively to grow
technology talent in the region. This fully funded program will use
AWS re/Start, a cohort-led workforce development training program
with the support of Brooksource’s Elevate Program. The program will
help prepare underemployed individuals for careers in cloud
computing and will be offered to them at no cost. Once the training
is complete, Brooksource will help graduates secure IT roles with
companies in the region, including American Family Insurance.
American Family Insurance believes addressing climate impact and
supporting climate resilience is critical to communities and
customers. In September, American Family Insurance became the first
U.S.-based insurance company to sign The Climate Pledge, joining
more than 375 companies across 53 industries in 34 countries
committed to become net-zero carbon. By migrating to AWS, American
Family Insurance will decrease its workload carbon footprint as
part of its goal of reaching carbon neutrality by 2030.
About Amazon Web Services
For over 15 years, Amazon Web Services has been the world’s most
comprehensive and broadly adopted cloud offering. AWS has been
continually expanding its services to support virtually any cloud
workload, and it now has more than 200 fully featured services for
compute, storage, databases, networking, analytics, machine
learning and artificial intelligence (AI), Internet of Things
(IoT), mobile, security, hybrid, virtual and augmented reality (VR
and AR), media, and application development, deployment, and
management from 96 Availability Zones within 30 geographic regions,
with announced plans for 15 more Availability Zones and five more
AWS Regions in Australia, Canada, Israel, New Zealand, and
Thailand. Millions of customers—including the fastest-growing
startups, largest enterprises, and leading government
agencies—trust AWS to power their infrastructure, become more
agile, and lower costs. To learn more about AWS, visit
aws.amazon.com.
About Amazon
Amazon is guided by four principles: customer obsession rather
than competitor focus, passion for invention, commitment to
operational excellence, and long-term thinking. Amazon strives to
be Earth’s Most Customer-Centric Company, Earth’s Best Employer,
and Earth’s Safest Place to Work. Customer reviews, 1-Click
shopping, personalized recommendations, Prime, Fulfillment by
Amazon, AWS, Kindle Direct Publishing, Kindle, Career Choice, Fire
tablets, Fire TV, Amazon Echo, Alexa, Just Walk Out technology,
Amazon Studios, and The Climate Pledge are some of the things
pioneered by Amazon. For more information, visit amazon.com/about
and follow @AmazonNews.
About the American Family Insurance group
Based in Madison, Wisconsin, American Family Insurance has been
serving customers since 1927. We inspire, protect and restore
dreams through our insurance products, exceptional service from our
agency owners and employees, community investment and creative
partnerships to address societal challenges. We act on our belief
in diversity and inclusion by constantly evolving to meet customer
needs and preferences. American Family Insurance group is the
nation’s 13th-largest property/casualty insurance group, ranking
No. 251 on the Fortune 500 list. The group sells American
Family-brand products, primarily through exclusive agency owners in
19 states. The American Family Insurance group also includes
CONNECT, powered by American Family Insurance, The General,
Homesite and Main Street America Insurance. Across these companies
the group has more than 13,500 employees nationwide.
About MKE Tech Hub Coalition
The MKE Tech Hub Coalition is a non-profit organization working
to inclusively double tech talent in the Milwaukee region. We serve
as a connector for Milwaukee’s tech community, working with others
to grow a vibrant, inclusive ecosystem where tech and innovation
create enduring regional prosperity and life-changing jobs. Formed
in late 2019, over 125 member organizations collaborate to attract
individuals and businesses to the region, grow a diverse talent
pipeline, and scale the innovation ecosystem. Underlying all
initiatives is an intentional focus on increasing the diversity of
our tech talent. To learn more, visit www.mketech.org.
About Brooksource
Brooksource is a professional services and workforce development
organization, providing IT and Engineering solutions across various
technology ecosystems and products. We employ a national network of
consultants, local and national delivery engines, and strategic
partnerships with industry-leading technology solution providers to
support our customers’ high impact initiatives. As a complement to
our core professional service offerings, Brooksource’s workforce
development program, Elevate, focuses on providing customized
learning pathways and full-time consulting opportunities to
individuals from diverse and underserved populations. Elevate’s
success over the last 20 years has been predicated on the program’s
ability to upskill talent in niche technical domains and assist
enterprise organizations looking to build more sustainable
workforces for the future.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20221201005413/en/
Amazon.com, Inc. Media Hotline Amazon-pr@amazon.com
www.amazon.com/pr
Amazon.com (NASDAQ:AMZN)
Historical Stock Chart
From Feb 2024 to Mar 2024
Amazon.com (NASDAQ:AMZN)
Historical Stock Chart
From Mar 2023 to Mar 2024