ALIP Product and Business Rules Engine
Accenture Software for Life and Annuity
At the core of the Accenture Life Insurance & Annuity Platform’s (ALIP) flexibility is a configurable product and business rules engine. This component of the system can support the rapid definition, management and testing of an insurer's products and business processes. At the same time, a comprehensive set of provided rules and templates delivers out-of-the-box support for common product features and business concepts.
This combination of capabilities supports the delivery of transformational benefits including:
- The ability to define product and business rules once, sharing them across the platform.
- Configured changes to rules that can be tested and debugged immediately using provided tools.
- Product introduction and changes that can be made without support from programmers or other technical resources.
- New and modified products that can be made available immediately across the platform.
ALIP is a fully integrated software solution that addresses all of the basic steps in the policy life cycle. Our software can be implemented as a complete solution using the pre integrated systems or as standalone systems such as Electronic Applications, Underwriting, Policy Administration and Payout.
Our life and annuity software is a robust, configurable and scalable solution that provides life insurance and annuity carriers the ability to automate operational support across the full policy lifecycle. The solution integrates easily with existing systems, thereby providing true straight through processing.