The first analytics solution designed exclusively for life and annuity businesses. And it’s ready out of the box!
The power to predict, perfect, perform
Analytics is about knowing your business, so why consider using an analytics solution that wasn’t specifically built for your business? That’s the question we asked and the reason we designed the first analytics solution specifically for the life and annuity business.
Accenture Life & Annuity Analytics is a turn-key, as-a-service solution with more than 150 prebuilt insights and 20+ dashboards from predictive and forecasting models based on use cases across five specific life and annuity domains:
New business and underwriting
Agent and customer behavior
Product and marketing
Risk and fraud
Uncover growth opportunities and cost savings by becoming a data-driven digital insurer.
With Accenture Life & Annuity Analytics, there’s no costly development time or resources. License only the dashboards that are relevant to your business.
Improve operational performance
Identify trends and predict future service transactions. Plan staffing levels and customer experience actions such as conservation programs.
Improve agent performance and customer experience
Use behavioral data to identify patterns and opportunities. Anticipate customers’ and agents’ needs to nurture long-term profitable relationships.
Improve new business and underwriting profitability
Utilize your new business and underwriting operations data to improve processes and correct issues before they impact your profitability.
Optimize products and markets
Boost revenue and profits by comparing your performance with market data to drive sales efforts and product development.
Ensure compliance and reduce fraud risk
Protect your business from fraudulent activity and ensure regulatory compliance.
Here’s how Accenture Life & Annuity Analytics works
Accenture Life & Annuity Analytics extracts and transforms data from any source—ALIP, other internal systems or third parties—into our data model. It then applies Accenture's data science and L&A operations expertise to render the data in prebuilt, insurance-specific dashboards that produce advanced reporting in addition to predictive and forecasting models, including actionable insights.