RiskTech Forum

Accenture Unveils Enhanced Life and Annuity Insurance Software

Posted: 22 October 2012

The Software is designed to help insurers drive more profitable growth.

Accenture (NYSE: ACN) has unveiled an enhanced version of its life and annuity insurance software suite, the Accenture Life Insurance Platform, designed to help life and annuity insurers reduce the time to launch new products, lower operating costs, support global expansion and achieve more profitable growth.

“Insurers are demanding software that increases product speed to market and is easily configurable and highly scalable, and is more cost efficient,” said Mitchel F. Ludwig, product line lead of Accenture Software for life insurance. “The new version of the Accenture Life Insurance Platform improves and expands our customer servicing support, introduces new product configuration capabilities, enhances the overall user experience, and better supports insurers across multiple countries.”

The new version of Accenture Life Insurance Platform (release 2012.1) enables:

“Our role is to anticipate challenges and build solutions to help our life and annuity insurance clients pull away from the competition and achieve profitable growth,” said Daniele Presutti, managing director of Accenture Life Insurance Services. “We apply our extensive industry knowledge to continuously enhance Accenture Life Insurance Platform and ensure that it improves the business performance of our clients – from smaller carriers to the world’s largest insurers.”