Zinnia, a life and annuity insurance technology company owned by Eldridge Industries, has recently shifted its core order entry system, AnnuityNet, to Amazon Web Services (AWS).

By leveraging AWS, Zinnia aims to streamline L&A insurance processes for carriers and distributors. This technological advancement enables better coverage access and service for consumers.

Zinnia currently manages over 55% of the annuities submitted by banks and broker-dealers in the United States, now running on AWS infrastructure. This move signifies a significant step towards modernizing the technology framework for annuity distribution, enhancing performance, resilience, and scalability across the ecosystem.

Enabling Next-Generation Products

The transition to AWS is anticipated to boost Zinnia’s capabilities in supporting advanced retirement and protection products. The company now works with eight of the top ten banks and eighteen of the top twenty annuity producers in the United States, all utilizing its platform.

Implementing AWS addresses industry needs for unified environments, scalable infrastructure during peak processing times, and event-driven architectures that facilitate real-time integrations.

AWS Overview

Amazon Web Services (AWS) is a cloud computing platform offering over 200 services from global data centers. It supports millions of customers, ranging from startups to large enterprises, delivering cost savings, flexibility, and innovation through its secure, reliable, and scalable infrastructure.

Migration Acceleration Program

Zinnia is also benefiting from AWS’s Migration Acceleration Program (MAP), which helps in large-scale cloud migrations. This includes migrating the company’s data warehouse and commission and document management systems. These efforts are integral to Zinnia’s broader strategy of modernizing infrastructure and optimizing outcomes throughout the value chain.