Accenture Life Insurance Platform Rated Positive in Gartner's MarketScope

An excerpt from the report:

“Interest in policy administration solutions remains high among life insurers and annuity providers. Insurers still have more consolidation requirements, continue to move away from homegrown alternatives, and continue to need flexible and function-rich administration solutions. The wide distribution of 2008 deals reflects further that insurers have unique characteristics that can be filled through various vendor systems, and no single solution is the dominant choice for new deals.”

Accenture was rated with 11 other providers of life insurance policy administration systems. Gartner’s MarketScope provides a comparative evaluation of the leading life insurance and annuity administration systems based on four major criteria: market understanding, offering/product strategy, product and services and overall viability.

The MarketScope is copyrighted 2009 by Gartner, Inc. and is reused with permission. The MarketScope is an evaluation of a marketplace at and for a specific time period. It depicts Gartner's analysis of how certain vendors measure against criteria for that marketplace, as defined by Gartner. Gartner does not endorse any vendor, product or service depicted in the MarketScope, and does not advise technology users to select only those vendors with the highest rating. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.