NEW YORK; Sept. 14, 2017 – Six large insurance carriers have implemented the latest version of the Accenture Life Insurance and Annuity Software Platform (ALIP), a comprehensive software system for processing life and annuity policies that consists of extensive pre-built product templates, business rules, workflows and an advanced architecture. The carriers, which include several tier one through tier three insurance companies in the U.S., are using the platform to transform their businesses and modernize critical systems to capitalize on digital service opportunities and improve speed and agility.
TOKYO; Aug. 25, 2017 – Sompo Japan Nipponkoa Insurance, Daiichi Kotsu Sangyo and Accenture (NYSE: ACN) are collaborating to build a deep learning algorithm using the Intel® IoT Platform Reference Architecture to better understand individual driving habits and identify new ways to transform driver safety within Japan’s transportation industry.
NEW YORK; July 18, 2017 – Accenture (NYSE: ACN) has been positioned for the fourth consecutive time as a Leader in Gartner’s June 2017 “Magic Quadrant for Life Insurance Policy Administration Systems, North America*” report.
NEW YORK; June 19, 2017 – Accenture (NYSE: ACN) is leading a “call to action” and responding with blockchain and biometric technologies to support ID2020, a global public-private partnership dedicated to solving the challenges of identity faced by more than 1.1 billion people around the world.
NEW YORK; May 18, 2017 – Insurance coverage for autonomous vehicles will bring US$81 billion in new premiums to the U.S. auto insurance industry over the next eight years, driven by risks related to cybersecurity, software and hardware and by the need for additional public infrastructure coverage, according to a new report from Accenture (NYSE: ACN) and Stevens Institute of Technology.
LONDON; Apr. 27, 2017 – Emerging technologies such as artificial intelligence, the internet-of-things and blockchain were prominently featured among the winners of the second annual Efma-Accenture Innovation in Insurance awards announced in London. Aimed at showcasing the best examples of insurance technology innovations in multiple categories, the awards this year attracted nearly 220 entries from nearly 150 institutions in 38 countries.
NEW YORK; Apr. 19, 2017 – Insurance executives believe that artificial intelligence (AI) will significantly transform their industry in the next three years, with insurers investing in AI to empower agents, brokers and employees to enhance the customer experience with automated personalized services, faster claims handling and individual risk-based underwriting processes, according to Accenture’s Technology Vision for Insurance 2017.
LONDON, NEW YORK and HONG KONG; March 30, 2017 – Artificial intelligence (AI) and the internet of things (IoT) now account for almost half of total investment in insurance technology (insurtech) startups globally, new research from Accenture (NYSE: ACN) shows.
NEW YORK, LONDON, HONG KONG; Jan. 11, 2017 –Seven in 10 consumers around the world would welcome robo-advisory services – computer-generated advice and services that are independent of a human advisor – for their banking, insurance and retirement planning, according to a new report by Accenture (NYSE: ACN). Yet, a large number of consumers still want human interaction for their more complex needs, leaving firms challenged with blending a physical presence with an advanced digital user-experience, as they look to integrate robot and human services.
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