Accenture’s Life Insurance & Annuity Platform Receives Highest Product Scores for Three Use Cases in Gartner’s 2016 Criti...
December 06 2016 - 07:57AM
Business Wire
Accenture (NYSE:ACN) has received the highest scores for three
use cases in Gartner’s September 2016, Critical Capabilities for
Life Insurance Policy Administration Systems, North America.
Out of 15 vendor systems evaluated, the Accenture Life Insurance
& Annuity Platform (ALIP) scored the highest in the New Product
Development/Launch, New Application/Automated Underwriting and
Reporting and Data Management categories. In addition to receiving
the second highest scores in the remaining New Application/Manual
Underwriting, Policy Change and Service through Portals/Mobile
categories.
“We’re extremely proud that our ALIP platform has once again
been recognized in the North American market,” said Shay Alon,
global managing director of Life & Annuity Software at
Accenture. “We believe our scores across all six Critical
Capabilities use cases demonstrate that our continued investment in
ALIP is keeping our clients ahead of the game, driving real
benefits to their bottom line and helping them build deeper,
stronger relationships with their customers.”
Used by leading insurers worldwide, ALIP is a robust,
configurable and scalable platform that provides life insurance
carriers and annuity providers with advanced capabilities for
product development, new business development, underwriting, policy
administration, claims and payout. It is available as an integrated
suite of software with modules that can be implemented individually
or as part of a broader migration strategy.
Accenture’s life and annuity software is part of Accenture Life
Insurance Services, within Accenture Financial Services. By
applying extensive industry knowledge to continuously enhance its
software, Accenture helps insurers reduce operating costs, manage
risk and drive growth through improved product development and
distribution, enhanced policy administration and distribution, and
technology platform consolidation and modernization. The homepage
is www.accenture.com/lifeandannuitysoftware.
Gartner Disclaimer
Gartner does not endorse any vendor, product or service depicted
in its research publications, and does not advise technology users
to select only those vendors with the highest ratings or other
designation. Gartner research publications consist of the opinions
of Gartner's research organization and should not be construed as
statements of fact. Gartner disclaims all warranties, expressed or
implied, with respect to this research, including any warranties of
merchantability or fitness for a particular purpose.
About Accenture
Accenture is a leading global professional services company,
providing a broad range of services and solutions in strategy,
consulting, digital, technology and operations. Combining unmatched
experience and specialized skills across more than 40 industries
and all business functions – underpinned by the world’s largest
delivery network – Accenture works at the intersection of business
and technology to help clients improve their performance and create
sustainable value for their stakeholders. With approximately
384,000 people serving clients in more than 120 countries,
Accenture drives innovation to improve the way the world works and
lives. Visit us at www.accenture.com.
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AccentureJames Murphy, + 1
917-452-0588james.p.murphy@accenture.com
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