Accenture Insurance Feed

The G20 Summit and Beyond

Fri, 01 May 2009 11:51:39 GMT

To position for growth and high performance, financial institutions must anticipate regulatory reforms and devise their own strategies for success in the emerging environment.

Achieving High Performance in the Japanese Insurance Industry

Tue, 21 Aug 2007 12:57:52 GMT

Outlook Point of View July 2007, No. 1

Achieving High Performance through Underwriting

Mon, 19 Oct 2009 07:52:00 GMT

Achieving High Performance through Underwriting: It’s Time to Move Beyond the Status Quo [PDF, 12 pp., 329KB] PDF Help

A.M. Best Webinar on Claims Management

Wed, 07 Oct 2009 05:00:00 GMT

Recently, Michael Costonis, executive director, Accenture North America Insurance and Global Claims lead, was a key speaker in a webinar on cutting-edge claims management.

Transforming the Insurance Workforce to Achieve High Performance

Thu, 11 Jan 2007 19:11:34 GMT

As the insurance industry enters a soft market, insurers must transform their workforces to meet the challenges and achieve high performance. Accenture experience shows that human capital transformation programs can help insurers achieve the sustained performance improvement needed to prosper, despite cyclical downturns.

Personal Injury Claims: Further Change Ahead For Insurers

Fri, 21 Mar 2008 16:28:00 GMT

The British Department for Constitutional Affairs (now Ministry of Justice) has proposed far-reaching changes to the handling of personal injury claims. With these reforms possibly coming into force during the first quarter of 2008, Accenture advises that insurers in pursuit of high performance can steal a march on competitors by formulating their responses now.

Building High-performance Insurance in Japan

Fri, 08 Jun 2007 13:31:16 GMT

As the Japanese economy powers ahead to reclaim its place as a global leader, powerful market forces are redefining the financial services markets. Domestic and foreign insurers are racing to define and capitalize on their competitive advantages and to gain a share of this growing—but highly competitive—market. For insurers, achieving high performance has never been more challenging … or more essential.

Life Insurance Platform Consolidation

Thu, 27 Aug 2009 07:52:00 GMT

Life insurance companies seeking to achieve high performance are responding quickly to the current market downturn to consolidate their IT platforms and, in the process, redefine the boundaries of high performance to pull away from the competition.

Accenture Life Insurance Platform

Thu, 27 Aug 2009 03:57:00 GMT

Ninety percent of the top life and annuity insurers in North America leverage the Accenture Life Insurance Platform in their journey to become high-performance businesses.

Manulife Japan: Application Management

Thu, 27 Aug 2009 03:40:00 GMT

Manulife Life Insurance Co. sells and services a variety of life insurance and annuity products for customers throughout Japan. The company is a fully owned subsidiary of Manulife Financial, a leading Canadian-based financial services group serving millions of customers in 19 countries and territories worldwide. In 2008, Manulife Japan was recognized as the only life insurer operating in Japan to be rated AAA.’

Aflac Japan: Life Insurance Outsourcing

Thu, 27 Aug 2009 02:56:00 GMT

Aflac Japan—a branch of US-based Aflac—is the No. 1 life insurance company in Japan in terms of individual policies in force. Providing cancer, life, medical and other life insurance products, Aflac Japan insures one in four Japanese households. The branch generates more than 70 percent of Aflac’s global revenues, which totaled US$15.3 billion in 2007.

Sun Life Financial: Outsourcing

Thu, 27 Aug 2009 02:21:00 GMT

Sun Life Financial is an international financial services organization providing a diverse range of protection and wealth accumulation products to individuals and corporate customers. When it decided to outsource its application development and maintenance, it turned to Accenture.

Cross-Industry Outsourcing Services for Life Insurance

Thu, 27 Aug 2009 08:33:00 GMT

The life and annuity insurance industry faces challenges on a number of fronts: the unrelenting demand for growth, competition from rivals, increased regulatory scrutiny and the inability of aging, complex technology environments to support innovation. All of these make it difficult for carriers to develop and market competitive new products while containing costs.

Insurance BPO Services

Thu, 27 Aug 2009 08:28:00 GMT

One way leading insurers are improving their operational environment is through business process outsourcing (BPO). Accenture has an unequalled combination of the experience, expertise and technology needed to make insurance BPO work—and to create a foundation not only for effective change, but for sustained high performance. Our 3,400 insurance BPO specialists help clients achieve the full benefit of industrialized policy processing.

Life Insurance Outsourcing

Wed, 02 Sep 2009 16:47:00 GMT

High-performance insurers take advantage of outsourcing as a strategic, quick, safe, dependable and efficient way to strengthen their operational capability in support of their business vision. Accenture offers a variety of outsourcing solutions, covering the full spectrum of options, to balance speed, flexibility and impact on the life insurance business.

Life Insurance Consulting Services

Thu, 27 Aug 2009 08:09:00 GMT

Accenture works with life insurance companies to help them position for high performance through consulting, outsourcing, technology solutions and software platforms solutions. We offer a range of management consulting services that life insurers may tap to achieve process and operational excellence. These include:

Life Insurance Process Optimization

Thu, 27 Aug 2009 08:01:00 GMT

Life insurance companies striving to create a sustainable competitive advantage during and after the market downturn must adopt innovative ways to optimize their business processes to address and achieve strategic priorities—such as cost competitiveness, differentiation and growth.

Life Insurance Management Consulting

Wed, 02 Sep 2009 16:43:00 GMT

Drawing on our groundbreaking research and hands-on experience with high-performance businesses, Accenture works to help life insurance companies create value-based strategies and design change for ongoing success. We offer a spectrum of management consulting services that factor process analyses and performance benchmarks into transformation business cases and road maps to address today’s life insurance market challenges.

Life Insurance Analysts’ Corner

Thu, 27 Aug 2009 06:41:00 GMT

Celent report, “Policy Administration Systems 2007: Life/Health/Annuity Vendors" Celent rates the solution as “one of the most complete systems available. Read the press release on Celent’s site.

Accenture Life Insurance Platform for Voluntary Benefits

Thu, 27 Aug 2009 06:20:00 GMT

As a life insurance company serving the voluntary benefits market, fueling your top- and bottom-line growth will require you to meet the needs of your clients for innovative new products and increased service intensity—all in the face of extreme pressure on pricing. The Accenture Life Insurance Platform can help.

Accenture Life Insurance Platform for Group Insurers

Thu, 27 Aug 2009 04:55:00 GMT

Accenture works to help group carriers build the capabilities necessary to achieve high performance and successfully execute an array of business strategies—anything from gaining the agility to quickly enter new markets and launch new products to achieving greater efficiency to delivering competitive customer service.

Insurance BPO: Operational Excellence

Mon, 08 Dec 2008 19:21:34 GMT

Insurance firms today are increasingly relying on a range of outsourcing options to drive efficiencies and greater business value. Achieving high performance through outsourcing is no simple matter, though – it is dependent on a set of industrialization principles, at the heart of which is the core capability of operational excellence.

Workforce Optimization: How Insurers are Benefiting Twice from Business Process Outsourcing

Thu, 19 Mar 2009 21:48:50 GMT

While many insurers have successfully used business process outsourcing to reduce costs and improve operational efficiency, most have not yet appreciated how it can help them to optimize their retained workforces—doing so is a vital task that must be tackled to achieve high performance.

Generali: Accenture Insurance BPO Services

Mon, 02 Jul 2007 21:07:11 GMT

Accenture's Insurance Data Migration Factory enabled the Generali life insurance group to integrate two new enterprises by migrating all records onto a shared platform while maintaining consistent service across its 331 subsidiaries. Simultaneously, Generali took advantage of Accenture's industrialized process model to achieve high performance in its back-office operations. Client Background Generali is an international life insurance and employee benefits group that offers the full spectrum of insurance and investment products to individuals and corporations. Represented by more than 331 companies in some 40 geographical markets, it has assets worth more than €398 billion under management (2007) and was ranked the No. 4 insurer by Fortune Global 500 (©) in 2008. In line with its commitment to provide shareholders with sustained high growth (revenue rose by 40 percent in 2004 and sustained better than the market growth since then), Generali purchased two life insurance companies: Le Continent and Zurich France.

The Long and Short of IT

Tue, 24 Feb 2009 03:41:00 GMT

This short article by Accenture directors Michael Costonis and Michele Martin discusses the merits of continuing to invest the right amount in IT, even during an economic downturn.

Lloyds TSB Insurance: Improving the Claims Workforce Performance

Thu, 24 May 2007 00:29:16 GMT

Having recognized that areas in the organization existed in which performance could be improved, Lloyds TSB Insurance hired Accenture to conduct a strategic review of the entire operation to identify performance-improvement opportunities. This review revealed the potential for Lloyds TSB Insurance to achieve higher performance in the business overall by improving the performance of the claims workforce. A subsequent detailed diagnostic conducted by Accenture quantified the opportunity and identified the underlying factors that needed to be addressed to improve customer service and employee satisfaction as well as to control expenses. Following on from this, Lloyds TSB Insurance engaged Accenture to devise and implement a solution that would address the key areas for improvement uncovered during the diagnostic.

Ron Shimoda

Sun, 27 May 2007 18:02:00 GMT

金融サービス本部　エグゼクティブ・パートナー渡辺

Sun, 27 May 2007 17:47:00 GMT