Accenture Life Insurance Platform - Policy Administration
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 lifecycle. The solution integrates easily with existing systems, thereby providing true straight-through processing.
The policy administration component of the Accenture Life Insurance Platform is designed to improve the insurer’s operational efficiencies. It achieves this by helping to accelerate the launch of new products, enhance innovation of existing ones and improve real-time data accessibility. The policy administration component also aims to increase productivity for customer service representatives. It provides the scalability that life insurers need in order to manage high transaction volumes, reduce costs and simplify the IT platform.
Insurers can align their business processes with their business goals through our flexible rules engine for more effective business process management initiatives.