Property and casualty insurers, life insurers, reinsurance firms and insurance brokers
October 17, 2016

Leading Global Insurance Company Selects Accenture Life Insurance & Annuity Platform

NEW YORK; Oct. 17, 2016 – Accenture (NYSE: ACN) has been selected by one of the world’s largest insurance companies to strengthen its annuity business through the firm’s Accenture Life Insurance & Annuity Platform (ALIP) software. 

September 20, 2016

Accenture Debuts Prototype of ‘Editable’ Blockchain for Enterprise and Permissioned Systems

NEW YORK, LONDON, HONG KONG; Sept. 20, 2016 – Accenture (NYSE: ACN) has created a prototype of a new capability that enables blockchain technology to be edited under extraordinary circumstances to resolve human errors, accommodate legal and regulatory requirements, and address mischief and other issues, while preserving key cryptographic features. The prototype represents a significant breakthrough for enterprise uses of blockchain technology particularly in banking, insurance and capital markets. 
August 02, 2016

Accenture Completes the Sale of Majority Stake in Duck Creek Technologies to Funds Advised by Apax Partners, Creating New Insurance Technology Joint Venture

NEW YORK and LONDON; August 2, 2016 – Accenture (NYSE: ACN) has completed the sale of a majority stake in Duck Creek Technologies to funds advised by Apax Partners, a leading global private equity firm. As part of the agreement, which was originally announced on April 18, Accenture and Apax have formed a joint venture in which Apax funds hold a 60 percent stake in Duck Creek Technologies, and Accenture retains a 40 percent stake. Duck Creek will leverage new access to capital to accelerate development and expansion of property and casualty (P&C) insurance technologies.
July 21, 2016

Accenture Launches New Regulatory Compliance Board for Accenture Life Insurance & Annuity Platform Customers

NEW YORK; July 21, 2016 – Accenture (NYSE: ACN) has formed a new client informational board that will allow insurers using the Accenture Life Insurance & Annuity Platform (ALIP) to keep up-to-date and engage in informal discussion of new industry compliance requirements. The board will focus on the impacts of the latest releases from the United States Treasury Department and other regulatory bodies on life and annuity contract administration and detection of design trends.
June 07, 2016

Selective Chooses Accenture as its Customer Relationship Management Service Provider

NEW YORK; June 7, 2016 – Accenture (NYSE: ACN) has been chosen by Selective Insurance Company of America (Selective), a subsidiary of Selective Insurance Group, Inc. (NASDAQ: SIGI), as its strategic Customer Relationship Management (CRM) service provider to help elevate the company’s customer service capabilities. 
May 11, 2016

2016 Efma-Accenture Innovation in Insurance Awards Voting is Open

PARIS and NEW YORK; May 11, 2016 – Efma members have until 12 May to vote for the first-ever Efma-Accenture Innovation in Insurance Awards winners.
May 05, 2016

European Financial Services Companies Must Close the Gap Between Vision and Execution in their Digital Strategies, According to Accenture Study

LONDON; May 5, 2016 – Major European banks and insurance companies are ready to embrace digital technologies, but they are nearly 50 percent more effective in identifying the value of innovations than actually applying them to streamline their businesses, according to an Accenture (NYSE: ACN) analysis of 53 institutions in the continent’s five largest economies.
April 26, 2016

Accenture Research Finds Insurers Will Succeed at Digital Transformation by Putting People First

NEW YORK; April 26, 2016 – While the next wave of digital technologies will transform the very nature of insurance organizations – including what they do and how they do it – those that succeed will do so by dramatically transforming their workforces and cultures to operate in a digital world, according to a new report from Accenture (NYSE:ACN). 
April 18, 2016

Accenture and Apax Partners to Form Joint Venture to Drive Digital Innovation in Insurance Software

NEW YORK and LONDON; April 18, 2016 – Accenture (NYSE: ACN) and Apax Partners, a leading global private equity firm, have agreed to form a joint venture to accelerate the innovation of claims, billing and policy administration software for the insurance industry.  As part of the joint venture, funds advised by Apax will acquire a 60 percent stake in Accenture’s Duck Creek Technologies, with Accenture retaining a 40 percent stake. The joint venture will operate as a new and independent company. 
March 23, 2016

Accenture Implements New Core Insurance IT System for Zurich Insurance’s Launch in Colombia

ZURICH and BOGOTA, Colombia; Mar. 23, 2016 – Accenture (NYSE: ACN) recently completed building and implementing a new core insurance information technology system for Zurich Insurance Group (Zurich), marking the insurer’s entrance into the property and casualty (P&C) business in Colombia as part of its strategy for expansion in Latin America.