Insurance

NEW YORK; June 18, 2019 – Although insurers are eager to create or join business ecosystems to spur growth amid industry disruption, few insurers are currently well-positioned to succeed as ecosystem partners, according to a new report from Accenture (NYSE: ACN).

MILAN; April 16, 2019 – Accenture (NYSE: ACN) and Generali Employee Benefits (GEB) have debuted a first-of-its-kind blockchain solution for the employee benefits (EB) industry that allows participants in the reinsurance process for captive or pooling services to access the same data and reduces processing errors through smart contracts and automated reconciliation.

NEW YORK; April 10, 2019 – The next big competitive advantage in insurance will be created by the ability to capitalize on “momentary markets,” or personalized policy and service offers tailored to customers’ unique life moments and delivered in real-time, according to a new report from Accenture (NYSE: ACN).

LONDON, NEW YORK and HONG KONG; March 14, 2019 – Nearly six in ten consumers would be willing to share significant personal information, such as location data and lifestyle information, with their bank and insurer in exchange for lower pricing on products and services, according to a new report from Accenture (NYSE: ACN).

NEW YORK; Feb. 26, 2019 – Accenture (NYSE: ACN) has, for the first time, implemented the Accenture Life Insurance & Annuity Platform (ALIP) for new business and underwriting in a full-service cloud-hosted environment. The innovative solution combines ALIP on Microsoft Azure cloud; the RGA AURA^® underwriting rules engine, which is now available out-of-the-box within ALIP; and Accenture’s application and infrastructure outsourcing service.

NEW YORK; Jan. 30, 2019 – Accenture (NYSE: ACN) has integrated RGA’s AURA® underwriting rules engine into the Accenture Life Insurance and Annuity Platform (ALIP), making ALIP the first such platform to provide an out-of-the-box option.  As a result, carriers can implement ALIP faster and leverage its advanced underwriting capabilities more quickly. The integration of AURA with ALIP can also help insurers boost business and underwriting profitability by enabling them to process new business faster while meeting the industry’s increasingly ambitious service-level agreements and cost targets.

PARIS; Dec. 3, 2018 – Efma and Accenture (NYSE: ACN) have launched their fourth annual Innovation in Insurance Awards, inviting insurance and bancassurance companies and insurtechs to submit their entries by 19 April 2019.

NEW YORK; Nov. 14, 2018 – Accenture (NYSE: ACN) has received two XCelent awards for its life insurance and annuity platform in a recent report from research and advisory firm Celent.

NEW YORK; Nov. 6, 2018 – Chief financial officers (CFOs) at banks and insurance companies are playing a growing role in digital transformation by leveraging new data and analytic technologies and by assuming greater influence in decisions about technology investments, according to new research from Accenture (NYSE: ACN).

BOSTON; Oct 25, 2018 – Efma, an association of more than 3,300 retail financial services companies in 130 countries, and Accenture (NYSE: ACN) announced the winners of the first Innovation in Insurance Awards, North America chapter, at a ceremony held yesterday at the Boston Public Library. The awards celebrate the best of innovation in North America and act as a benchmark for excellence across the insurance industry.