Generali, Accenture Form JV on Innovation, Digital Strategy
By Cecilia Butini
Assicurazioni Generali SpA and Accenture PLC said Wednesday that
they have formed a joint venture which will support Generali's
innovation and digital strategy.
The solutions developed through the joint venture--called Group
Operations Service Platform--will accelerate the digitization of
Generali's business processes and centralize the company's
governance, the companies said. This is expected to enable the
Italian insurer to improve operational efficiency and
profitability, and to achieve cost savings, they said.
Accenture holds a minority stake of 5% in the venture and will
contribute with a team of 40 professionals working on cloud,
artificial intelligence and big data, the companies said.
Write to Cecilia Butini at firstname.lastname@example.org
(END) Dow Jones Newswires
December 16, 2020 06:15 ET (11:15 GMT)
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