Accenture Unveils Enhanced Property and Casualty Insurance Software Platforms

Upgraded Accenture Claim Components simplifies processes, gives non-programmers new capabilities; Accenture Policy Components makes product configuration easier to manage

Accenture Unveils Enhanced Property and Casualty Insurance Software Platforms

SAN DIEGO; May 24, 2011 – Accenture (NYSE: ACN) has unveiled enhanced claims and policy administration software platforms with increased configurability and multi-channel support to help property and casualty (P&C) insurers react more quickly to changing market conditions and customers’ evolving needs.

The enhanced P&C insurance industry software platforms include:

“Even as markets show sign of recovery, the environment for P&C insurers has changed,” said Gilles Biscay, global managing director of Accenture Software for insurance. “The economics are tougher, customers are more demanding and normally conservative insurers are under pressure to adopt a bolder approach toward technology. Proven software solutions should be considered by P&C insurers as key enablers of market differentiation. They can help insurers quickly launch products through the appropriate distribution channels that match consumers’ evolving purchasing behavior, and also better serve their customers by allowing fair and rapid claims resolution.”

Accenture Claim Components

Release 10 of the Accenture Claim Components software platform features leading-edge configuration capabilities and includes configuration consoles that provide insurance claims handlers the ability to configure the application to meet their requirements without any programming knowledge. The configuration consoles give business analysts the unique ability to edit new data fields – screen layout changes and event-based processing rules. They are totally independent from the software code.

More specifically, the configuration consoles enable insurers to:

Accenture Policy Components

The Accenture Policy Components software platform consists of independent but interoperable modules that cover the lifecycle of core insurance functions - from product creation to quoting and underwriting, through back-office core transaction processing. The upgraded solution includes the following enhancements:

“Accenture has more than 40 years of experience serving P&C insurers, and has been committed to the insurance software business for more than a decade,” said Mark Robertson, managing director of Accenture Property & Casualty Insurance Services. “Whether the software is implemented out-of-the-box with limited integration efforts or leveraged for more significant transformation projects, our software platforms are continuously enhanced to help our clients, from the largest P&C insurers to smaller carriers, differentiate themselves from the competition.”

Accenture’s P&C insurance software platforms are developed on Microsoft .NET and certified on Microsoft SQL Server, a comprehensive, integrated data management and analysis software platform. Out of the box, SQL Server enables insurers to cost effectively and reliably manage mission-critical information, gain faster insight from their business data, and confidently run today’s increasingly complex business applications.

Accenture Property & Casualty Insurance Services, a business service within Accenture’s Financial Services operating group, serves more than 70 property and casualty insurance clients worldwide.

About Accenture
Accenture is a global management consulting, technology services and outsourcing company, with more than 215,000 people serving clients in more than 120 countries. Combining unparalleled experience, comprehensive capabilities across all industries and business functions, and extensive research on the world’s most successful companies, Accenture collaborates with clients to help them become high-performance businesses and governments. The company generated net revenues of US$21.6 billion for the fiscal year ended Aug. 31, 2010. Its home page is

Accenture Software combines deep technology acumen with industry knowledge to develop differentiated software products. It offers innovative software-based solutions to enable organizations to meet their business goals and achieve high performance. Its home page is

# # #


Francois Luu


+33 1 53 23 68 55

Sean Conway

+1 917-452-6444