Accenture Integrates RGA’s Underwriting Rules Engine into the Accenture Life Insurance and Annuity Platform
Summary
“Until now, underwriting time and capacity constraints have impeded the progress of fully underwritten and simplified-issue life insurance products,” said Patti Treis, senior vice president and general manager, AURA Technologies. “Seamless third-party integration is necessary for carriers to maintain a competitive advantage,” said Shay Alon, a managing director at Accenture who leads its Life and Annuity Software practice. It is available as an on-premise or a cloud-based solution which includes an integrated suite of software with modules designed to be implemented individually or as part of a broader migration strategy. By applying extensive industry knowledge to continuously enhance its software, Accenture helps insurers reduce operating costs, manage risk and drive growth through improved product development and distribution, enhanced policy administration and distribution, and technology platform consolidation and modernization. With 469,000 people serving clients in more than 120 countries, Accenture drives innovation to improve the way the world works and lives.