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Enjoy lower, predictable and manageable costsAs an alternative to on-premise implementation, ALIP in the Cloud provides access to sophisticated functionality without the large investment of infrastructure costs and lengthy lead time.
Reduce risk and disruption during implementationWhether implementing or upgrading ALIP, carriers can test and integrate their data at their own speed until they’re ready to move it in-house. Gain processing efficiencies Full administration capabilities can be run in the cloud or augmented in an on-premise environment for initiatives like product development, testing, conversions, pilots, UAT and/or overnight processing. Instant short-term and long-term scalabilityCarriers are able to scale quickly for periodic needs such as month-end, year-end processing and conversions without long-term investment.
Eliminate constraints for smaller carriersWith a cloud environment, the ability to implement a robust and sophisticated administration system is much cheaper and faster Pay for what you useCarriers only pay for infrastructure they actually use, saving time and money. Manage high processing volumesProven performance results on Microsoft Azure assure processing power for even the largest of carriers in a highly reliable, secure and cost effective environment.
Addressing the unique needs of carriers big and small
At Accenture, innovation and vision are woven into our culture — we’re keenly focused on delivering and enabling the very latest in software and technology to help you meet your business challenges. That’s why we’ve taken our life insurance and annuity software suite into the cloud, providing the ultimate in processing, performance and scalability. ALIP in the Cloud leverages the robust functionality and modern capabilities of the award-winning and highly ranked Accenture Life Insurance & Annuity Platform (ALIP) running on Microsoft Azure. The solution uses the Microsoft Cloud for the technology infrastructure behind ALIP while adding a private network model to support hybrid and private cloud deployment options — allowing carriers to leverage their own single instance of ALIP and maintain their unique product and service differentiation in the market.
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From new business and policy administration to claims and payout, carriers benefit from accelerated product introduction, superior processing and improved customer service levels delivered through ALIP, coupled with the unprecedented agility, scalability and productivity of an enterprise-class cloud environment.
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Ever wonder how your end-to-end life and annuity process could benefit from cloud computing?
Wonder no more.
Gain the ultimate in flexibility, control and agility with secure Cloud deployments
No one knows what new innovation is just around the corner. What is certain, is that technology will continue to evolve. To ensure your next insurance system is your last system, it needs to be ‘future-proof.’ ALIP enables true codeless configuration built on Web-enabled, service-oriented, event-based architecture that can support insurers of all sizes and evolving technologies. With ALIP in the Cloud, you’re ready to capitalize on all the benefits—scalability, out-of-the-box functionality and reduced infrastructure expenses—that will enable your business to accelerate in unprecedented ways today and well into the future.
Product excellence
ALIP offers modern, functionality-rich software to help your business achieve high performance. Designed to work as a full end-to-end solution or as individual standalone components, our offerings adapt quickly and seamlessly to handle the unique needs of insurers no matter the size. Our comprehensive software supports your mobile and cloud-based initiatives, which can facilitate a more nimble work environment and workforce, drive efficiency through collaboration and information-sharing, and allow your business to be more responsive to customer demands. Through a culture of continuous product development excellence, we apply the latest functionality and technology with a customer-centric focus on quality so you can provide the best service to your customers. From development and performance to the user experience and customer support, our team is dedicated to building software that supports your goals.
Performance and scalability excellence
While ALIP in the Cloud can be run on any cloud, Accenture partnered with Microsoft to benchmark ALIP performance when hosted on Azure. Azure has earned a reputation for providing enterprise-class cloud services with its open and flexible platform and support for a broad selection of operating systems, programming languages, frameworks, tools, databases and devices. The results of the test showed how ALIP in the Cloud successfully performed and scaled to meet even tier-one demands, fulfilling 1.7 million individual requests within one hour1.
Service excellence
Switching to an implementation in a cloud environment with a trusted business ally does not mean that you lose control of your business. In fact, you may find that you have more control and can better plan for business opportunities around your solution. We offer:
•Definedservice level agreements that are designed to meet or exceed an insurer’s needs
•Highly-availableserviceandrapiddisasterrecoveryofback-endclaims processing for ‘always on’ access
• Regularsoftwareupgradestokeepyourinvestmentcurrentwiththe latest functionality.
• Self-sufficiencyoptionsthatletyoucontrolyourconfigurationand system changes—product definitions, workflows, tasks and business processes
Technology excellence
Private network model
• Maintainunique product and service differentiation through a private network model using your own single instance of ALIP
Shared Infrastructure
• Infrastructurescaleandcapabilitiescanbespun-up,-downwithin hours instead of days and weeks
• Flexibilityallows you to only pay for what you use
Security
• Ourapproach involves implementing controls and programs that address the core areas of client data protection including compliance programs, physical security, technology security and personnel security
• Alldataisencryptedwhetheratrest,inmotionorbeingprocessed as well as database backups
• Accenture’sClientDataProtection(CDP)istheonlyISO27001-2005certifiedprogramintheworld
• DedicatedAzuresubscriptionsensurenothingissharedandalldata is segmented
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Future-proof with a solid foundation
1 BasedonjointperformancebenchmarktestconductedSeptember2015,usingAccenturedataandMicrosoftAzureinanactualprivatecloudenvironment,simulating3,000concurrentusersagainsta10millionpolicydatabase.
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Accenture provides managed services that allow you to focus time and effort on managing your business and less time tying up IT resources on maintenance, hardware procurement and even daily processing. Optional managed services:
• Cloud hosting: ALIP cloud hosting frees IT resources for other strategic initiatives. And you can achieve predictable operating expenses and eliminate capital expenditure for upfront hardware.
•Infrastructure Outsourcing (IO): ALIP in the Cloud offers a unique approach to infrastructure procurement that’s rooted in simplicity. Carriers can avoid the costs associated with fluctuating infrastructure demands by paying for what they use and scaling up or down based on their immediate needs.
• Application Outsourcing (AO): Optional AO services provides carriers access to additional skill sets and a cost effective process completion for all or parts of their business needs.
Spend less time on software support and more time on business support
Produce, orchestrate, manage and govern enterprise cloud resources
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Empower progress with choice Carriers large and small have unique needs and requirements based on many varying business and IT environments. Whether you are hampered by legacy systems or manual processes, performance issues, agility or scalability, ALIP in the Cloud provides distinctive opportunities:
Augment current on-premises ALIP environment• Costeffectiveenvironmenttoaugment
existing system for product development, testing, conversions, pilots, and UAT
• Improveefficienciesbysupplementingwith a cloud environment for overnight processing and month-end processing
Leverage cloud as a pre-production environment • Reducebusinessdisruptionassociatedwith
upgrading on-premises ALIP system by running pre-production, development, testing and staging in the cloud until ready to move into on-premises environment
• Reducedisruptionandriskofnewon-premises implementation for set-up, conversionandtestingphases.Runthe system in parallel in non-intrusive environment until ready to drop on-premises
Leverage cloud hosting, IO and AO •Easyadoption of managed services to offset needs
associated with running pilots, overnight processing, testing or leverage additional periodic resources
•KeepyourinvestmentcurrentandsecurewithAOupgrade services
• Infrastructurescaleandcapabilitiesthatcanbespun-up, -down within hours instead of days or weeks and pay only for what you use
•Offsetresourceneedsbasedonperiodicpeakdemands; grow capabilities without expanding FTEs
•Avoidongoingmaintenanceandresourceconstraints
•ElevatedSLAslowerbusinessriskandensureperformance and efficiency levels are maintained
• Improvefocusoncorecompetencies
• Fastertime-to-market
• Reducedinfrastructurecosts
• Lowercostofentry,riskanddisruption
• Offsetbudgetandresourceconstraints
• Improveoveralloperationalmodelandcosts
• Accesstocomprehensiveinsuranceplatformotherwise unattainable by small carriers
Replace on-premises legacy environment and manual processes
In today’s information economy, priorities can change at lightning speed and your business needs to be agile enough to respond. To be able to embrace future innovations, are you confident that your software can grow with your goals?
Cloud computing is here. Are you ready for the future?
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With the right technology, you’ll be able to meet today’s marketplace demands and customer service expectations, and your business will be ready for whatever innovations are on the horizon—giving you the competitive advantage.
Contact us Nancy Bass Sales and Client Management Lead Accenture Life and Annuity Software nancy.bass@accenture.com Or, visit www.accenture.com/lifeandannuitysoftware
About Accenture Accenture 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 morethan40industriesandallbusinessfunctions—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 more than 358,000peopleservingclientsinmorethan120countries,Accenturedrivesinnovationto improve the way the world works and lives. Visit us at www.accenture.com
Accenture’s life and annuity software is part of Accenture Life Insurance Services, within Accenture Financial Services. 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. The homepage is www.accenture.com/lifeandannuitysoftware
Copyright©2016Accenture All rights reserved.
Accenture, its logo, and HighPerformanceDelivered are trademarks of Accenture. This document is produced by consultants at Accenture as general guidance. It is not intended to provide specific advice on your circumstances.
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