April 26, 2012
Accenture Receives “Strong Positive”, the Highest Possible Rating, in Leading Analyst Firm’s Insurance Claims Management Report
NEW YORK, April 26, 2012 – Accenture’s (NYSE: ACN) insurance claims management software application, Accenture Claim Components, was rated “Strong Positive”, the highest possible rating, in Gartner’s latest “MarketScope for North American Property and Casualty Insurance Claims Management Modules.”1
Gartner’s MarketScope provides a comparative evaluation of stand-alone claims management modules that support commercial, personal and specialty insurance lines of business. The assessment takes into account seven major criteria: market understanding, offering/product strategy, product and service, overall viability, customer experience, sales execution/pricing, and sales strategy.
“Accenture Claim Components is unmatched in providing leading-edge “codeless configuration”, allowing claims handlers to configure the application without traditional programming knowledge,” said Michael A. Jackowski, global managing director of Accenture Software for P&C insurance. “It also delivers other advantages including an unprecedented level of business intelligence and analytics, made possible through a comprehensive claims data model, dashboards, a pre-configured reporting database, and real time analytics. We believe our strong positive rating is evidence of how these features truly set Accenture Claim Components apart from the competition.”
“Accenture Claim Components’ “codeless configuration” is a critical and differentiating feature as it helps insurers quickly and easily change the application’s behavior and workflow, thus making continuous improvement of the claims process a reality,” said Michael A. Costonis, global head of Accenture Claims Services. “Accenture Claim Components is also unmatched in driving the next level of customer and agency interaction through its portal and mobile capabilities for agents and policyholders.”
Accenture Claim Components is a Web-based technology solution designed to help insurers –from the world’s largest to smaller carriers – improve the efficiency of their claims-handling operations. Currently used by more than 65,000 claims handlers worldwide to process more than 40 million insurance claims each year, Accenture Claim Components supports core claims transactions from first notice of loss through to financials and reserve management.
1 Gartner “MarketScope for North American Property and Casualty Insurance Claims Management Modules” by Jeff Haner, March 28, 2012.
About the MarketScope
Gartner does not endorse any vendor, product or service depicted in our research publications, and does not advise technology users to select only those vendors with the highest ratings. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
Accenture is a global management consulting, technology services and outsourcing company, with approximately 246,000 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$25.5 billion for the fiscal year ended Aug. 31, 2011. Its home page is www.accenture.com.
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 www.accenture.com/software. For P&C Insurance software, its home page is www.accenture.com/pcsoftware.
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