Cloud computing technology adoption challenges and solutions in Pakistan

Abstract

Purpose: The idea of insurance was discovered several millennia before Christ (BC). In the second and third millennia BC, traders from China and Babylonia practiced shifting or dispersing risks. Today, insurance is the foundation of the economy, but expanding its penetration is difficult in emerging nations. The fourth insurance industry revolution in the developed world was sparked by the recent advent of Blockchain, IoT, Big Data, and InsurTech. Objective: To boost insurance coverage in Pakistan, this study examines the problems with and potential solutions to cloud computing. Research Methodology: To identify the themes and factors related to problems and solutions in implementing cloud computing in the Pakistan insurance business, this study used a systematic literature review. Several keywords were employed to find pertinent material from Google Scholar. The filtered studies were examined based on inclusion and exclusion standards. Findings: This report outlined many obstacles to cloud-computing adoption in the Pakistan insurance sector as well as potential remedies. The proposals could help policymakers improve the service delivery in the insurance industry.