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All issuesVolume 306, Issue 3IT Vendor NewsOracle

Large Colombian Insurance Company Moves To Oracle Cloud To Strengthen Customer Confidence

Oracle News, Wednesday, September 20,2023

Seguros SURA Colombia achieves 97.7% stability of its service while transforming and migrating its insurance services to the cloud

The insurance industry in Latin America faces major challenges in generating consumer trust. Consumers are often confused by the ''fine print'' of contracts, which sometimes include confusing clauses. As a result, many people have been skeptical about taking out insurance. There is a significant need and a duty on the part of the insurance industry to take measures to reflect transparency, educate consumers, and increase confidence in its products and services.

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