Accenture Life Insurance Platform

The Accenture Life Insurance Platform is a trusted software suite used by more than 40 leading life insurance and annuity carriers, enabling them to transform their policy administration operations, lower operating costs and facilitate speed to market.

View video: About the Accenture Life Insurance Platform - Q&A with Mitchel Ludwig [Video 12.4MB]
View video: Accenture Life Insurance Platform - Overview [Video 15.4MB]
Play podcast: About the Accenture Life Insurance Platform
Download PDF: Accenture Life Insurance Platform - Overview [PDF, 1MB]
Download PDF: Accenture Life Insurance Platform - Accelerating speed to market [PDF, 249KB]
Download PDF: Accenture Life Insurance Platform - Decoupling front and back ends [PDF, 412KB]
Thought Leadership: Increasing speed to market in the life insurance industry
Thought Leadership: Technology trends in the life insurance industry: Part 1
Thought Leadership: Technology trends in the life insurance industry: Part 2

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Features & Benefits
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Business Benefits

  • Reduction in Speed to Market
    Product and business users—rather than programmers—configure the products and business processes, thereby reducing product speed to market time.
  • Reduction in Total Cost of Ownership
    Achieved through enhanced product testing capabilities, expanded use of automated testing tools, and a continued shift from code to configuration.
  • Straight-Through Processing
    The Accenture Life Insurance Platform is a highly advanced, configurable, rules-driven system that enables true straight-through processing for life insurance and annuity carriers.
  • Scalability
    Our software has the proven scalability to meet the needs of major transformational and outsourcing initiatives, yet remain cost-effective for smaller initiatives.

Key Features

  • Centralized Product and Business Rules Engine
    Simplifies product definition and reduces product introduction time and cost. It also allows for the rollout of complex insurance products and enhanced business processes.
  • Integrated Testing
    Gives users the ability to test products, review interim calculations and confirm product behavior. Standard testing tools are also provided for business processes, pages and rules.
  • Legacy System Replacement
    Provides enhanced capabilities to support platform replacement and integration opportunities, through the provision of third party fronting.
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Technology
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  • The Configuration Factory
    The backbone of the Accenture Life Insurance Platform is an integrated set of tools to support the configuration of product and business rules. The configuration factory helps insurers attain a level of operational performance that has proven to be decisive in a rapidly changing market.
  • Open, Services-based Architecture
    Provides XML standards that facilitate integration with existing software and communication with business partners.
  • Layered Architecture
    Brings flexibility through replaceable components, allowing the system to adapt as technology and business requirements change.
  • Single Platform
    Based on J2EE, enables greater economies of scale and efficiency.
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Market Recognition

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Testimonials

"We chose to work with Accenture because of their industry knowledge and their Claim Components, which enables us to harness the power of Web technologies more quickly and efficiently than any other approach."
Jim Knight, CIO, Chubb



Market Recognition

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Upcoming Events

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Testimonials

"We chose to work with Accenture because of their industry knowledge and their Claim Components, which enables us to harness the power of Web technologies more quickly and efficiently than any other approach."
Jim Knight, CIO, Chubb



Market Recognition

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Upcoming Events

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Testimonials

"We chose to work with Accenture because of their industry knowledge and their Claim Components, which enables us to harness the power of Web technologies more quickly and efficiently than any other approach."
Jim Knight, CIO, Chubb

"Accenture's ongoing investment in Accenture Claim Components enables us to continuously enhance our operations and thus deliver worldclass claims services."
Phil Sibilia, Senior VP: Claims, OneBeacon Insurance Group

"Given the robust functionality of Accenture Claim Components, we were able to rapidly configure and deploy the solution with minimal impact on our business. This implementation marks a major milestone in our effort to achieve claims excellence."
Wilson Wheeler, Senior VP and Chief Claims Officer, Affirmative Insurance

"We selected the Accenture Life Insurance Platform because of its ability to support leading-edge annuity products that are highly configurable. In addition, Accenture's deep knowledge of the life insurance and annuity industry and its proven record in systems integration make it a strong partner for our business."
Cathy Mahone, Senior VP of Enterprise Operations at Allianz Life

"We selected Accenture because they came with a perfectly adapted, cost-effective, all-in-one solution that met our accelerated timelines with software and implementation expertise and policy conversion capabilities. In addition, the Accenture Life Insurance Platform provides support across the full policy life cycle and integrates easily with our other existing systems, thereby offering a single provider solution enabling true straight-through processing."
Tom Benton, Vice President, Technology and Systems, Navy Mutual Aid Association



Testimonials

"A committed Accenture team with deep process competence, technology expertise and solution orientation supported us throughout the solution's planning and implementation."
Helmut Herrmann, Payroll Management Lead, Volkswagen AG

"With the Accenture HR Management Suite, we are able to design our global HR processes efficiently—we can use the Web-based solution to integrate all locations. Our solution therefore ensures that all SCHOTT employees are entered in a single system (SAP HCM). The solution has been rolled out in approximately 40 countries."
Jeannette Schuh, formerly HR Information Systems Manager, SCHOTT AG

"We needed a solution that allowed us to adapt templates and text components with minimal effort and to generate all staff correspondence automatically using the existing Microsoft Word and SAP HCM infrastructure. One of our key concerns was that the solution should be accepted by the users in the HR division."
Christoph Eyerschmalz, Head of Application Development, Bayerischer Rundfunk

"OrgPublisher™ for SAP® solutions has proved itself to be very valuable and considerably enhances the standard reporting forms in SAP."
Ralf Schmachtel, Head of Payroll, Hamburger Stadtentwässerung AöR, a HAMBURG WASSER company



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Testimonials

"Our integrated, business-driven enterprise data warehouse is a key factor in our efforts to drive improved performance from our entire organization and dramatically enhance our customer experience."
Mohd Yunus Idris, General Manager, Business Development and Sales, MASkargo

"The City of Amsterdam embraced a vision to reduce CO2 emissions by 40 percent by 2025. It introduced a range of methods to cut CO2 emissions, including smart meters in homes, retrofitting of commercial buildings and deployment of intelligent power connections for cargo vessels."
"New Waves of Growth: Unlocking opportunity in the multi-polar world," Accenture 2011

"The majority of freight and logistics companies know that they confront significant change in their markets and customer requirements, and need to make significant changes in their business models and supply chain solutions. "
"Achieving High Performance Change Drivers, Strategic Responses and the Role of IT in Freight and Logistics Companies," Accenture 2008

"According to majority of survey respondents, strong IT capabilities are an essential building block for any effective freight and logistics company."
"Achieving High Performance Change Drivers, Strategic Responses and the Role of IT in Freight and Logistics Companies," Accenture 2008



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Testimonials

"There's true business value in ADMS and we're excited to be part of a common dealer platform that encourages collaboration and allows for ongoing customization based on the needs of Caterpillar dealerships."
Denny Upton, CFO, Riggs

"ADMS allows us to move our business into the future without the huge upfront investment that a 3rd Party ERP solution would require."
Tom Murray, CIO, HOLT CAT

"Multi-company and multi-currency is a challenge to our business today. We are strongly interested in the ADMS multi-capabilities & believe there is significant benefit to our business"
Valerie Segonne, CIO, Bergerat

"Accenture and our dealership have a serious commitment to modernize the system functions and to enhance its integration capabilities"
Tito Otero, CIO, Ferreyros

"…we can see that the ADMS approach of upgrading the underlying technology of the DBS system is a much simpler and less risky way to move forward, considering our previous lessons learnt, and we'll still get the additional capabilities that we need to run our business more effectively…"
Bari Hamami, President, Trakindo

"Through ADMS, IMCA expects to have the flexibility necessary in our system to support our strategies and business philosophy to achieve our vision."
Omar Batista, CFO, Lucia Soriano, CIO, IMCA



Market Recognition

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Testimonials

"We chose Accenture CAS after carrying out an extensive evaluation of global players in the sales force automation industry. Our criteria for selection covered the technology solutions available today, as well as vision, roadmap for future development, organizational culture, and the overall fit with McCormick requirements. Accenture CAS clearly met our needs."
Thomas Stumpp, Project Manager, McCormick

"The new direct store delivery mobile solution will complement our investment in the Accenture CAS application suite and further our goal of a single mobility platform which, in turn, will reduce cost, IT complexity and leverage business functionality across the different user roles."
Reinhard F. Meister, General Manager, Bottler Services Group, The Coca-Cola Company



Upcoming Events

August 26-29, 2012
APHSA ISM Conference, Baltimore, MD

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Testimonials

"Accenture's pre-coded, pre-tested, pre-configured platform helps govern an overall SOA approach and make it significantly easier to implement. APSP is enabling AHS to seamlessly share data and maintain its integrity across the agency and among a wide range of users."
Angela Rouelle, Chief Information Officer, Vermont Agency of Human Services

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