Accenture Named a Leader in Automated Life Insurance Underwriting Systems By Independent Research Firm
December 09 2019 - 12:59PM
Business Wire
Accenture (NYSE: ACN) has been named a leader in automated life
insurance underwriting systems in a new report from independent
research firm Forrester.
In the report — “The Forrester Wave™: Automated Life Insurance
Underwriting Systems, Q4 2019”[1] — Accenture was named a leader
based on the current offering and strategy of its product,
Accenture Life Insurance & Annuity Platform (ALIP).
The report evaluated 13 companies, with rankings based on scores
across 27 criteria. Accenture received the highest possible score
for Past Performance, Partner Ecosystem, User Interface, and Data
Visualization and Reporting.
According to the report, “ALIP is a strong choice for tier-1
North American life insurers looking to leverage Accenture's
trademark balance of technical and business acumen.”
Shay Alon, Accenture’s Life and Annuity Products and Platforms
business lead, said, “We believe our position as a leader speaks to
our continued investment in people, technology and partnerships
that help our clients deliver value and positive business results.
While the life insurance industry embarks on new ways to engage
consumers and simplify processes, we focus on helping insurers
automate underwriting and provide their customers with a
comprehensive digital experience. It is a journey, and we are
honored to be recognized by Forrester.”
Used by leading insurers worldwide, ALIP is a robust,
configurable and scalable solution 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 on-premise
solution and over the cloud 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. 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.
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 492,000 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.
[1] Available to Forrester subscribers or for purchase.
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Natalie de Freitas Accenture +44 7380 799 196
natalie.de.freitas@accenture.com
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