Accenture, a global management consulting, technology services and outsourcing firm, has launched a new integrated property and casualty (P&C) software suite to create one of the most comprehensive platforms available in the industry.
According to Accenture, the integrated suite brings together Accenture Claim Components and Accenture Duck Creek’s policy software, including the industry rating and product configuration components.
The software allows insurers of all sizes to benefit from a flexible suite of P&C interoperable software modules to configure products, transact lines of business and process claims.
Accenture’s integrated P&C software, based on a Microsoft .NET platform, enables insurers to reduce their implementation time and risk, and improve the accuracy of their claims handling and underwriting based upon more seamless information technology systems.
The new suite also includes policy administration, claims, and billing applications, delivering full-featured solutions for the three essential operations required by P&C insurance carriers.
Accenture’s vision is to provide insurers a robust software platform of all sizes – with multiple delivery models – capable of effectively supporting today’s demands yet flexible enough to meet the evolving needs of the market.
Accenture Software for P&C Insurance global managing director Michael Jackowski said the integration of P&C software offers greater flexibility to clients by providing a suite of software with modules that can be implemented individually or as part of a broader migration strategy.