Accenture Life Insurance and Annuity Platform Wins Two XCelent Industry Awards

Celent recognizes ALIP as a leader in service and technology categories

Accenture (NYSE: ACN) has received two XCelent awards for the Accenture Life Insurance and Annuity Platform (ALIP) in a recent report from research and advisory firm Celent.

In the report – “North American Life Insurance and Annuity Policy Administration Systems” – ALIP was named the top solution from among 12 policy administration systems in the “Advanced Technology” and “Depth of Service” categories.

“Accenture has made steady investments in ALIP. Celent has recognized their system as one of the better systems on the market,” said Tom Scales, head of Americas for life and health at Celent. “While every insurer's needs are different, ALIP will likely make the short list for many selections.”

The report highlights Accenture’s skill, knowledge, responsiveness and post-implementation experience as contributing to ALIP’s services capabilities and notes that ALIP’s integrations and product flexibility, modern technology stack, and the continued investment in keeping the platform capabilities current are what clients liked best about ALIP.

“We are dedicated to offering the most advanced and comprehensive solutions coupled with a proven services model to help clients get their products and services to market quickly and increase business agility,” said Shay Alon, managing director for Accenture Life and Annuity Software. “Celent’s positive assessment of our platform and our customers’ feedback on service delivery affirm our commitment and validate our strategic roadmap.”

The XCelent Awards are designed to help financial institutions and technology providers stay abreast of industry trends by evaluating the shifting vendor marketplace and awarding top-performing vendors.

About AccentureAccenture 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 approximately 425,000 people serving clients in more than 120 countries, Accenture drives innovation to improve the way the world works and lives. Visit us at www.accenture.com.

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AccentureMichael McGinn, +1 [e-mail]