Accenture Life Insurance & Annuity Platform (ALIP) New Business enables carriers to rapidly and cost effectively process applications, improve case management and automate underwriting.
ALIP delivers flexible data collection and data validation during the application process, increasing ease of use while eliminating data quality issues. We also use an automated decision engine that can rapidly and consistently help evaluate underwriting risk analysis. Streamlining the underwriting process, issuing policies faster, improving retention and enabling agents and underwriters to communicate.
ALIP is a fully integrated software solution that addresses all of the basic steps in the policy life cycle. Our software can be implemented as a complete solution using the pre integrated systems or as standalone systems such as Electronic Applications, Underwriting, Policy Administration and Payout.
Our life and annuity software is a robust, configurable and scalable solution that provides life insurance and annuity carriers the ability to automate operational support across the full policy life cycle. The solution integrates easily with existing systems, thereby providing true straight -through processing