We think you have liked this presentation. If you wish to download it, please recommend it to your friends in any social system. Share buttons are a little bit lower. Thank you!
Presentation is loading. Please wait.
Published byHana Hilbert
Modified about 1 year ago
©Accenture 2010 All rights reserved. Deutsche Telekom Life insurance provider consolidates delivery model on journey to high performance Leading US Life Insurance Provider The client is one of the foremost providers of individual life insurance in the United States with more than 3 million policy- owners and clients. Business challenge This major US life insurance company faced a number of challenges in product sales and delivery. It had multiple applications that provided illustrations—projections of the cash value of a risk-based insurance product—information that is critical to the sales and policy servicing processes. The increasing cost of maintaining and enhancing multiple applications limited the company’s ability to add new functionality or products to its product lines. The insurer selected Accenture to help it meet these challenges based on Accenture’s track record and ability to deliver high-risk strategic initiatives in the insurance arena. Accenture also enjoys strategic relationships with Microsoft, on whose products the solution was to be based, and Avanade, who provided architecture skills and development resources. Accenture research into software platform consolidation in the life insurance industry indicates that consolidation, if properly leveraged, can provide insurers with real strategic advantages when they pursue new domestic and international markets, thus helping them achieve high performance. 1 How Accenture helped Accenture teamed with Microsoft and Avanade to consolidate the illustrations systems onto the Microsoft.NET platform. The project team leveraged the Avanade Connected Architectures for.NET (ACA.NET) to accelerate development of the platform and professionals in the Accenture Delivery Center in Bangalore, India, to provide cost-effective solution delivery. The new illustrations solution was delivered in two releases over a three-year period. The first release delivered the technical architecture and consolidated illustrations for the client’s life insurance business, while the second release consolidated the remaining products, including disability insurance and annuities, and new issue illustrations for all products. High performance delivered The insurer expects to save an estimated $20 million over the next seven years due to a reduction in application maintenance, regulatory changes and new product development costs. A consolidated illustrations platform also reduces the field sales process complexity and provides a more professional and consistent look and feel to illustrations for the company’s clients. Through effective use, the sales force has embraced the new consolidated illustration system and views the program as highly successful at improving the sales and policy servicing workflow. The consolidation of the insurer’s illustrations applications onto a.NET platform has positioned it for future growth and placed it on the road to high performance. 1 Accenture Life Insurance Platform Consolidation Global Research Report 2006-07.
©Accenture 2010 All rights reserved. Leading US Life Insurance Provider Company overview One of the foremost providers of individual life insurance in the United States. More than 3 million policy- owners and clients. Choice of Accenture Successful track record and ability to deliver high-risk strategic initiatives in the client’s environment. Strategic relationships with Microsoft and Avanade. Global Delivery Network. Staffing and experience Team comprised of 20 Accenture, 8-10 Avanade and two Microsoft professionals. All user interface and calculations development work done in the Accenture Delivery Center in Bangalore, India. Engagement scope Consolidate multiple, product- silo systems into one sales solution on a Microsoft.NET platform. Reduce cost of system maintenance. Improve timeliness of new product delivery. Engagement timeframe October 2003 - March 2006 Delivery methods Accenture Delivery Methods Services provided Define overall business architecture. Define future state business processes. Define high level and detailed requirements for the solution. Define and complete technical architecture and design. Develop system test strategy. Execute systems test. Support user acceptance test. Support overall deployment. Technology components Microsoft.NET Avanade Connected Architecture for.NET (ACA.NET) [Microsoft Visual] C# PL/1 Key success factors Synergies from the alliance of Accenture, Avanade and Microsoft. Accenture’s expertise in delivering large-scale programs. Accenture’s Global Delivery Network. Business challenge The client had multiple, product-specific illustration systems for life products and secondary product lines. Both maintenance cost and cost of introducing new products were growing. The field force was demanding technology to produce illustrations in real-time during sales meetings, instead of returning to the office and producing hard-copy illustrations that had to be mailed to prospects. The client identified a need to crate a single illustration system, economical to maintain to support field representatives whether disconnected or connected. How Accenture helped Teamed with Avanade and Microsoft to give client the benefit of alliance synergies: Accenture was responsible for overall program management, business architecture, and testing resources; Avanade was responsible for the architecture and C# development; Microsoft assisted with the conference room pilot, and technical architecture design. Delivered program in three releases over a three-year period. The first release delivered the technical architecture and consolidated the Illustrations for Life, Disability Insurance and Annuities. Release 2 consolidated the remaining products and all new-issue Illustrations. Release 3 integrated the Illustrations platform with other front-end distribution systems. High performance delivered The insurer expects to save an estimated $20 million over the next seven years due to a reduction in application maintenance, regulatory changes and new product development costs. Client eliminated eight applications in favor of one. Field agents gained capability to do illustrations in real time. Efficiency of field agents improved because they could prepare illustrations faster, reusing information and case data from prior illustrations, easily share illustrations information across sales teams, etc. Brand consistency improved because the new system presented information uniformly across products.
1 Copyright © 2008 Accenture All Rights Reserved. U.S. Insurance Company Mergers & Acquisitions Services; Product/Policy/Billing Trans Services Client.
1 Copyright © 2010 Accenture All Rights Reserved. International Insurance Brokerage and Consulting Provider - Systems Integration and Application Outsourcing.
Purpose: These slides are for use with customers by the Microsoft Dynamics NAV sales force and partners. How to use: Add these slides to the core customer.
Copyright © 2007 Accenture All Rights Reserved. Accenture, its logo, and High Performance Delivered are trademarks of Accenture. October 24 th, 2007 CORE.
Copyright © 2009 Accenture All Rights Reserved. 1 Copyright © 2008 Accenture All Rights Reserved. Client background This client is one of the world's largest.
Viewpoint Consulting – Committed to your success.
Landstar Application Case Study: Development Of Content-rich Solutions For The Mobile Employee Bob Leo Director of Professional Services October 15, 2000.
Industry Solutions Tom Ngo Chief Technology Officer.
TECHNOLOGIA is a startup company in Bangalore in 2007 which is completely owned by emirates telecommunication corporation- ETISALAT. It has helped.
+. Background Design & Structure Motives & FitsPerformance Problems & Success Factors Microsoft: leading software companies – developing, manufacturing.
Microsoft Premier Support for Partners Capitalize on cloud potential Receive and deliver end-to-end cloud support Ease customers’ transition to the cloud.
Aegeus Strategy Capabilities Presentation Aegeus Strategy Consulting.Outsourcing.Alliances Aegeus Strategy Strategy Development.
Robert L. Jacobs Over 20 years of solid IT experience Results-oriented, innovative solutions Diverse industry background.
Preliminary Results Tom Glocer Chief Executive Officer 18 February 2003.
Salesforce.com Migration Assessment with Microsoft Services Assess whether your current CRM implementation is the right solution for your current and future.
PO320: Reporting with the EPM Solution Keshav Puttaswamy Program Manager Lead Project Business Unit Microsoft Corporation.
1 SPIRIT Replacement Project April 15th, SPIRIT Replacement Overview SPIRIT, the domestic theatrical sales, distribution and revenue collection.
Go with the flow! Boost the power and data flow of your health plan administration software with PMA. Synergy Computer Solutions, Inc. Confidential – Copyright.
1 Copyright © 2008 Accenture All Rights Reserved. Client Background Fireman’s Fund is a premier property and casualty insurer. It provides personal, commercial.
© 2005 Hewlett-Packard Development Company, L.P. The information contained herein is subject to change without notice Adaptive Enterprise Business and.
Putting a Face on Electronic Commerce Kathy Warden.
FOOTPRINTS Organisations are continuously looking for Business, Partners, Alliances and Talented People Organisations are continuously looking for Opportunities.
Multi-tenant HR Benefits Management Solution. Headquartered in US, our customer is a global service provider of HR and Benefits Management services.
Socialize Your Brand & Connect With Real People Social Media Optimization.
22/9/ About Company Business Portfolios IT Solutions BPO Services Business Approach How we can Help Advantage of Outsourcing Why Crystal Business.
Chapter © 2012 Pearson Education, Inc. Publishing as Prentice Hall.
IT Strategy for Business © Oxford University Press 2008 All rights reserved Chapter 3 E-Strategy.
McGraw-Hill/Irwin Copyright © 2009 by The McGraw-Hill Companies, Inc. All rights reserved.
©Accenture 2009 All rights reserved. Fireman’s Fund Insurance Company Accenture helps Fireman’s Fund transform claims and underwriting services Fireman’s.
Centers for IBM e-Business Innovation :: Chicago © 2005 IBM Corporation IBM Project October 2005.
© 2004 Flashline Inc. The Seven Faces of Reuse Enterprise Architect Summit June 8, 2004 Charles Stack Founder and CEO Flashline, Inc. © 2004 Flashline.
Connected Experiences for Consumer Goods. Slide Deck Guidance (Hidden Slide) PresenterMicrosoft sales representative Audience Business decision makers.
GLOBAL INFORMATION SYSTEMS CHAPTER 9 MIS COKE INTERNATIONAL Gates Non-profit Global Logistics Marriot.
Perfecto We help customers deliver exceptional digital experiences.
Impact Research 1 Enabling Decision Making Through Business Intelligence: Preview of Report.
Key Performance Ideas Confidentialwww.keyperformanceideas.com Hyperion Planning, FDMEE, and HFM with eBusiness for Improved Operational Performance Visibility.
ABOUT COMPANY Janbask is one among the fastest growing IT Services and consulting company. We provide various solutions for strategy, consulting and implement.
1 Lotus Connections Customer Use Cases The following are stories from early customer engagements. They were created to help people understand the many.
Supporting New Business Imperatives Creating a Framework for Interoperable Media Services (FIMS)
Hosted by Achieving Best Business Performance Mark R. Willford, Partner Accenture.
Bring Your Own Device (BYOD) Understanding BYOD June 27, 2013 © 2013 AT&T Intellectual Property. All rights reserved. AT&T and the AT&T logo are trademarks.
© 2007 Cisco Systems, Inc. All rights reserved.Cisco Confidential 1 MAP Value Proposition.
Digital recordkeeping strategy for mobile work processes Joel Smith HPRM System Administrator.
It’s a Mixed Up World Deploying Unified Communications and Collaboration in Mixed Environments David J. Wippich Chief Executive Officer Ensim Corp.
How eNet4S can benefit your project? eNet4S Software Solution Business Team Chief Technology Officer July 11, 2006.
Acquisition of NetScaler Mark Templeton, Citrix President and CEO B.V. Jagadeesh, NetScaler President and CEO June 2, 2005.
Test Automation Success: Choosing the Right People & Process Kiran Pyneni, Automation Manager Aetna, Inc.
How Strategic Resourcing can Lower your Costs Brian Thornton June 25, 2012 The information contained in this communication is confidential and may not.
GLOBAL INFORMATION SYSTEMS CHAPTER 9 MIS COKE INTERNATIONAL Gates Non-profit Global Logistics.
© 2017 SlidePlayer.com Inc. All rights reserved.