Insurance

NEW YORK; July 25, 2018 – By embedding intelligent solutions such as artificial intelligence (AI), machine learning and analytics into every business process, insurers in the U.S. could increase annual profitability by as much as US$20 billion, according to new research by Accenture (NYSE: ACN).

MALVERN, Pa. and NEW YORK; July 9, 2018 – The Institutes RiskBlock™ Alliance, a blockchain consortium for the risk management and insurance industry, announced today that Accenture (NYSE: ACN) will serve as the lead framework architect responsible for building a production-grade platform to develop and implement blockchain and distributed-ledger use cases. The platform will enable the RiskBlock Alliance to implement and test multiple use cases by the end of 2018.

PARIS; June 12, 2018 – Efma, an association of more than 3,300 retail financial services companies in 130 countries, and Accenture (NYSE: ACN) today announced the winners of the third annual Efma-Accenture Innovation in Insurance Awards at the annual awards ceremony, held at the Elyseum in Paris. Showcasing the best examples of insurance technology innovations in multiple categories, the awards competition this year attracted 320 entries from 237 institutions in 45 countries.

NEW YORK; May 9, 2018 – Insurers risk missing major growth opportunities unless CEOs take immediate steps to redesign work, bring in new talent, and pivot their existing workforces to work with artificial intelligence (AI), according to new research by Accenture (NYSE: ACN).

NEW YORK; April 25, 2018 – A new report from Accenture (NYSE: ACN) has found that as data becomes more critical to insurance companies’ operations, most insurers can improve how they validate data and combat data manipulation by outside stakeholders.

LONDON, NEW YORK and HONG KONG; March 22, 2018 – Global investment in the insurance technology (insurtech) industry surged in 2017, with Europe emerging as a new insurtech hub outside the U.S., according to new research from Accenture (NYSE: ACN).

PARIS and NEW YORK; Mar. 1, 2018 – For the third edition of their annual Innovation in Insurance Awards, Efma and Accenture (NYSE: ACN) are introducing a North-American awards ceremony, to be held in New York on Oct. 24, following the global awards ceremony in Paris on June 12.

NEW YORK; Feb. 12, 2018 – Insurance carriers globally could seize US$375 billion in new revenue in the next five years by transforming and revitalizing their businesses. according to a new report from Accenture (NYSE: ACN).

NEW YORK; Jan. 10, 2018 – Accenture (NYSE: ACN) helped a tier-one U.S. insurer roll out 17 new life insurance products in 20 months across five product lines leveraging its Accenture Life Insurance and Annuity Platform (ALIP). One product delivered a 25 percent increase in year-on-year sales volume.

NEW YORK; Dec. 13, 2017 – Accenture (NYSE: ACN) has received two XCelent awards for the Accenture Life Insurance and Annuity Platform (ALIP) in a recent report from research and advisory firm Celent.