Accenture Life Insurance & Annuity Platform scores highest in Digital User Support Use Case
Accenture (NYSE: ACN) today announced that Gartner, Inc. has given the Accenture Life Insurance & Annuity Platform (ALIP) the highest score in its Digital User Support Use Case in a new report*. ALIP’s ratings and scores have increased year on year for Use Cases.
“Accenture’s extensive digital experience remains a driving force in helping carriers reimagine insurance, using technologies such as artificial intelligence, automation and cloud computing, to transform their businesses and deliver hyper-relevant customer experiences,” said Shay Alon, a managing director at Accenture who leads its Life and Annuity Products and Platforms practice. “We are gratified and inspired by the recognition from Gartner as we continue preparing insurers for the next era in digital insurance transformation: to connect people to life, health and wellness protection.”
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. For more information, visit www.accenture.com/lifeandannuitysoftware.
* Gartner “Critical Capabilities for Life Insurance Policy Administration Systems, North America” by Richard Natale, Sept. 9, 2019.
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