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Accenture Life Insurance & Annuity Platform (ALIP)

Powering digital insurance innovation

Why ALIP?

Core ALIP platform features

  • Fully configurable system
  • Flexible architecture
  • Centralized rules engine: product & business configuration
  • Advanced actuarial calculation engine
  • Intuitive UI
  • Integrated testing
  • Workflow / Work management
  • Document management
  • Reporting

Policy administration:Extensive prebuilt library

 

  • Product templates
  • Business rules
  • Workflows

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Policy administration:Full in-force processing

 

  • Claims and payout
  • Cash management
  • Billing
  • Contract management
  • Fund management
  • Transaction management
  • Tax and regulatory
  • Quotes and inquiries
  • Correspondence
  • Accounting

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Key new business and underwriting features

 

  • Full application lifecycle management: electronic / paper applications, automated underwriting and case management
  • Real-time data validation
  • Automated decision engine
  • Consolidated workbench views
  • Extensive list of third-party integrations

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Achieve cloud flexibility & ecosystem connectivity

Related 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.