Accenture Again Recognized by Gartner for Critical Capabilities for Life Insurance Policy Administration Systems, North America

NEW YORK, Oct. 14 -- Accenture, a global professional services company, issued the following news release:

Accenture (NYSE: ACN) today announced that Gartner, Inc. has given the Accenture Life Insurance & Annuity Platform (ALIP) the highest score in its Digital User Support Use Case in a new report/*. ALIP's ratings and scores have increased year on year for Use Cases.

"Accenture's extensive digital experience remains a driving force in helping carriers reimagine insurance, using technologies such as artificial intelligence, automation and cloud computing, to transform their businesses and deliver hyper-relevant customer experiences," said Shay Alon, a managing director at Accenture who leads its Life and Annuity Products and Platforms practice. "We are gratified and inspired by the recognition from Gartner as we continue preparing insurers for the next era in digital insurance transformation: to connect people to life, health and wellness protection."

Used by leading insurers worldwide, ALIP is a robust, configurable and scalable solution that provides life insurance carriers and annuity providers with advanced capabilities for product development, new-business development, underwriting, policy administration, claims and payout. It is available as an on-premise solution and over the cloud as an integrated suite of software with modules that can be implemented individually or as part of a broader migration strategy.

Accenture's life and annuity software is part of Accenture Life Insurance Services. By applying extensive industry knowledge to continuously enhance its software, Accenture helps insurers reduce operating costs, manage risk and drive growth through improved product development and distribution, enhanced policy administration and distribution, and technology platform consolidation and modernization. For more information, visit www.accenture.com/lifeandannuitysoftware.

*/ Gartner "Critical Capabilities for Life Insurance Policy Administration Systems, North America" by Richard Natale, Sept. 9, 2019.

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About Accenture

Accenture is a leading global professional services company, providing a broad range of services and solutions in strategy, consulting, digital, technology and operations. Combining unmatched experience and specialized skills across more than 40 industries and all business functions -- underpinned by the world's largest delivery network -- Accenture works at the intersection of business and technology to help clients improve their performance and create sustainable value for their stakeholders. With 492,000 people serving clients in more than 120 countries, Accenture drives innovation to improve the way the world works and lives.