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Life & Annuity Software news

2023

ALIP wins Advanced Technology Award from Celent

Jan. 10, 2023 — ALIP received Celent’s XCelent Advanced Technology 2022 Award for its new business and underwriting solution. Full story

2022

Ohio National & ALIP accelerate tech modernization

Sept. 14, 2022 — Core systems transformation project was recognized by Aite-Novarica in its ‘2022 Insurance Technology Impact Awards'. Full story

ALIP wins two XCelent Awards from Celent

Jan. 25, 2022 — ALIP earned top honors for its technology and functionality in Celent’s life insurance policy administration report. Full story

2021

ALIP recognized by Gartner for Critical Capabilities

Oct. 14, 2021 — Top three in the Individual/New Business Onboarding/STP, New Product Development/Launch and Digital User Support Use Cases. Full story

ALIP positioned a Leader in 2021 Gartner Report

Aug. 25, 2021 — ALIP is a Leader in Gartner's "Magic Quadrant for Life Insurance Policy Administration Systems, North America" report. Full story

Named a leader for application & digital services

Jan. 5, 2021 — Everest Group named Accenture a Leader and Star Performer for application and digital services in the L&A insurance sector. Full story

2020

ALIP wins two XCelent industry awards

Oct. 27, 2020 — Celent recognizes ALIP as a leader in technology and functionality categories for new business and underwriting. Full story

ALIP recognized by Gartner for Critical Capabilities

Oct. 13, 2020 — ALIP was awarded the highest score in its Individual/New Business Onboarding/Straight-through Processing Use Case. Full story

ALIP positioned a Leader in 2020 Gartner Report

Aug. 20, 2020 — ALIP has, for the seventh consecutive time, been positioned a Leader in Gartner’s “Magic Quadrant for Life Insurance Policy Administration Systems, North America” report. Full story

ALIP receives two PAS XCelent awards

Jan. 28, 2020 — ALIP earned top honors for Breadth of Functionality and Depth of Service in Celent life insurance policy administration report. Full story

Accenture announced as Executive Partner of ACLI

Jan. 16, 2020 — ACLI members provided insights and research through Accenture Life Insurance Services to help pursue digital transformation and innovation initiatives. Full story

2019

ALIP excels at cloud-based performance

Dec. 18, 2019 — New benchmarking study demonstrates robust performance of ALIP running in the cloud, exceeding rigorous tier-1 insurer requirements. Full Story

ALIP positioned a leader in Forrester Report

Dec. 9, 2019 — ALIP has been named a leader in automated life insurance underwriting systems in a new report from independent research firm Forrester, receiving the highest possible score for Past Performance, Partner Ecosystem, User Interface, and Data Visualization and Reporting. Full story

Gartner recognizes ALIP for Critical Capabilities

Oct. 14, 2019 — Gartner’s “Critical Capabilities for Life Insurance Policy Administration Systems, North America” report has given ALIP the highest score in its Digital User Support Use Case. ALIP’s ratings and scores have increased year on year for Use Cases. Full story

ALIP positioned a Leader in 2019 Gartner Report

Sept. 10, 2019 — ALIP has, for the sixth consecutive time, been positioned a Leader in Gartner’s “Magic Quadrant for Life Insurance Policy Administration Systems, North America” report. Full story

Principal Financial Group accelerates growth

Aug. 28, 2019 — Principal Financial Group ® has implemented ALIP to enable its digital growth strategy with enhanced service levels and operating efficiency. Full story

New capabilities at L&A Client Conference

Jun. 12, 2019 — An exclusive client gathering of senior executives and managers from North America's most recognized life and annuity brands convened for advancements to ALIP and strategic alliances that will help attendees unlock sources of sustained growth and innovation amidst industry disruption. Full story

First cloud-based implementation of ALIP complete

Feb. 26, 2019 — Accenture has, for the first time, implemented ALIP for new business and underwriting in a full-service cloud-hosted environment. Full story

RGA underwriting rules engine integrated into ALIP

Jan. 30, 2019 — Accenture has integrated RGA’s AURA® underwriting rules engine into ALIP, making ALIP the first such platform to provide an out-of-the-box option. As a result, carriers can implement ALIP faster and leverage AURA’s advanced underwriting capabilities more quickly. Full story

Introducing Analytics as a Service for the L&A Industry

Jan. 16, 2019 — Life & Annuity Analytics, a new turn-key analytics solution, is unique to the needs of life and annuity carriers. The solution includes more than 80 insights from predictive and forecasting models across key life and annuity domains. Full story

A modern platform achieving innovation and integration

Capabilities

Life and Annuity Software portfolio

Innovate with ALIP’s modern new business and policy administration capabilities and digital portfolio.

ALIP Cloud Services

Combine the feature-rich functionality of ALIP with the agility and scale of cloud.

Accenture Life & Annuity Analytics

Gain insights using pre-built predictive models designed exclusively for L&A carriers.