Case Study: Manulife achieves faster, more cost-efficient risk modeling with Microsoft Azure

Manulife future-proofs risk models on Azure using Azure SQL Database and saves a bundle

Manulife, a large Canadian insurance and financial services company, needed to modernize a sprawling, siloed IT environment to support increasingly complex actuarial risk models and changing compliance requirements. Working with Microsoft Azure, Manulife moved its models and data into the cloud, using Azure SQL Database and other Azure services to create a single source of high-quality data.

Microsoft Azure implemented a cloud-first, highly automated solution with Azure SQL Database, Azure Logic Apps, Azure Monitor, and Azure Virtual Machines to streamline data processing, reporting, and workload scaling. The results were significant: modeling runs that once took a week now finish in one to two days, and Manulife cut hardware and labor costs by about 40% over three years while improving security, governance, and operational efficiency.

Manulife

Jon Bradbury

Senior Vice President