Life Insurance
We help insurers reduce costs, manage risk and accelerate profitable growth.
Powering Life Insurance Innovation
Powering life insurance innovation
Many life insurers are turning to Accenture for help in exploiting the potential of digital technologies to make customers the pivot of their businesses and to aim for growth and operational excellence.
We believe carriers can create economic value by reviewing and updating their business and operating models to take full advantage of new opportunities such as connected insurance, the power of analytics and artificial intelligence, and ecosystems. Simply digitizing existing processes is not enough.
Accenture is an industry leader in helping develop and implement a comprehensive "living business" strategy that enables insurers to continuously adapt to and profit from disruption. Within this broad role, our specific areas of focus are below.
Why Accenture
For more than 30 years, we have worked with many of the world's leading life and annuity insurers. We collaborate with clients to plan and implement the complex business and operational changes needed to achieve high performance in a volatile market.
Experience
We work with nine of the top 10 and 26 of the top 30 life insurers.
Top insurance and digital talent
13,000 people in underwriting, distribution and policy administration operations; 25,000 who help clients deliver customer and employee experiences.
Global network of centers of excellence
Accenture has a global network of 40+ industry and technology specific innovation centers.
Growing ecosystem
Accenture has alliances with the leading software providers and continues to make strategic acquisitions to boost its own capabilities.
Full-service offering
Accenture offers a complete range of services, from pure consulting to implementation and ongoing managed services.
Innovative commercial arrangements
Accenture focuses on outcomes, and will structure fees and deals to suit your needs.
Extensive and growing intellectual capital
Our research and benchmarks give our clients practical roadmaps for turning opportunities into profitable growth.
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The platform to power digital insurance
Let Accenture Life Insurance & Annuity Platform (ALIP) empower your potential to compete and grow.
No other platform offers more ways to deliver greater value throughout the customer journey. ALIP provides the capabilities that can differentiate your brand, boost operating and IT efficiency and cultivate loyal customers. From new business to post policy service, ALIP’s rich functionality and cloud-first approach can propel your business into today’s hypercompetitive digital market.
Reach your business goals based on your unique needs. Choose ALIP as an end-to-end suite or as individual components.
Accelerate speed to market and empower business users with ALIP
View TranscriptWhat we think
Accenture conducted 3 surveys to identify key areas where AI can be implemented to improve customer satisfaction and increase employee productivity.
To succeed, insurers need to reimagine insurance with a cloud-powered strategy for future-ready technology and operations.
We outline five emerging technology trends that will impact the insurance industry in 2021 and beyond.
Case studies
Accenture helps Well launch an innovative insurance-led digital healthcare platform—connecting people to healthcare providers and insurers, seamlessly.
Multinational enterprise receives cloud-based solution to replace legacy CRM.
Accenture collaborated with leading global insurer, Generali, to create a roadmap for profitable growth in Asian markets.
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Our leaders
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Capabilities
Accenture has a holistic set of offerings that, together with the industry’s leading data and technology products, can help you realize your full potential.