Max Life Insurance Selects Oracle Exadata Platform within OCI

Max Life Insurance Company Ltd. has transferred its mission-critical database workloads to Oracle Exadata Database Service on the Exadata platform within Oracle Cloud Infrastructure (OCI). Moreover, Max Life has migrated its core systems to OCI, including customer service, claims management, marketing, and policy issuance, leading to an application performance improvement by up to 70 percent. 

Max Life has maintained a business service uptime of nearly 99 percent, with core system performance seeing an improvement of approximately 30 percent, thereby enhancing business agility and customer satisfaction.

Oracle Exadata Database Service, available on OCI, offers organizations an automated Oracle Database solution with top-notch performance, availability, security, and cost efficiency. It enables Oracle databases to operate faster and more efficiently, utilizing the scale-out Exadata infrastructure, which incorporates specialized optimizations for transaction processing, analytics, and mixed workloads.

Max Life employed the Oracle Cloud Mumbai Region and Oracle Cloud Hyderabad Region for its migration process. By utilizing these Oracle Cloud Regions, Max Life enhanced business continuity through redundancy and disaster recovery capabilities, ensuring compliance with regulatory requirements set forth by the Insurance Regulatory and Development Authority of India (IRDAI).

Kapil Makhija, vice president, Technology Cloud, Oracle India said, “Exadata Database Service on OCI has enabled Max Life to improve performance across all workloads, optimize cost, and reduce downtime. With OCI’s world-class architecture and the Exadata platform to run databases at scale in the cloud, Max Life is now well-equipped to meet customer demands with agility and improved responsiveness, facilitating business growth."