Accenture Life Insurance Platform - Accenture Actuarial Calculation Engine
The Accenture Life Insurance Platform is a fully integrated life insurance 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 Illustrations, Electronic Applications, Underwriting, Policy Administration and Payout.
Our life insurance 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 life cycle. The solution integrates easily with existing systems, thereby providing true straight-through processing.
In order to support the needs of an increasingly dynamic market, our software also includes a configurable insurance product calculation engine called the Accenture Calculation Engine. This calculation engine supports the ability to define and maintain advanced processing functions and multi-dimensional tables needed when implementing complex insurance products.
Additionally, the Accenture Calculation Engine provides standard capabilities to support common mathematical, financial, statistical and actuarial calculations. It is integrated into the Accenture Life Insurance Platform product rules engine, and is also available as a standalone engine for integration with other third party systems