Accenture Life Insurance & Annuity Platform (ALIP) Overview
Accenture Software for Life and Annuity
Powering modern day needs today and into the future
The Accenture Life Insurance & Annuity Platform (ALIP) is a highly configurable and scalable software suite that offers solutions for product development, new business and underwriting and policy administration, including claims and payout. Designed to work as a complete end-to-end solution or implemented individually, ALIP enables carriers to improve productivity, accelerate time to market, enhance customer service and leverage modern
technology capabilities such as portals, mobility and analytics.
Delivered your way―On-premises, in the cloud or in a hybrid environment
Implement ALIP on-premises or leverage ALIP in the Cloud, a deployment option that bundles the full production ALIP system, running on Microsoft Azure, and delivered through a private network model. Also choose from optional cloud hosting, infrastructure outsourcing and application outsourcing services to experience ultimate flexibility, scalability,
productivity and cost savings.
- Reduction in Speed to Market: Product and business users — rather than programmers — configure the products and business processes, thereby reducing product speed to market.
- Improved service levels: ALIP’s robust functionality is improving agent and customer experience, reducing new business cycle times and providing gains in customer service capacity and efficiency.
- Reduction in Total Cost of Ownership: Achieved through enhanced product testing capabilities and an expanded use of automatic testing tools.
- Straight Through Processing: ALIP is a highly advanced, configurable, rules-driven system that enables true straight through processing for life insurance and annuity carriers.
- Scalability: Our software has the proven scalability to meet the needs of major transformational and outsourcing initiatives, yet remain cost-effective for smaller initiatives.