MOVE TO THE CLOUD WITH SPEED AND EASE

ALIP IN THE CLOUD

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68%

GO BEYOND

Source: Accenture Financial Services Cloud Readiness Survey

Achieve business outcomes and cost efficiencies on your terms with flexible cloud deployment options.

Accenture makes it possible with cloud-optimized systems that leverage cloud-native technologies. Join leading insurers who recognize the benefits of cloud and are moving forward.

Of insurers have done formal planning and analysis of how to move legacy applications to the cloud.

Of insurers have developed and implemented a new IT operating model to support the transition to the cloud.

Of the average IT budget will be earmarked by insurers for the cloud over the next 3 years.11%

56%

“LIFT AND SHIFT”

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CLOUD THE WAY YOU WANT IT

Move to the cloud with speed and ease using the powerful combination of the Accenture Life Insurance & Annuity Platform (ALIP) and Accenture Cloud Platform (ACP)—both industry-recognized solutions.

You’ll gain robust functionality, security and modern capabilities using the deployment method that best fits your business. Choose a dedicated model and a menu of managed service options, or ALIP’s unique Platform as a Service option that’s multi-instance, not multitenant, so you maintain your unique product and service differentiators. It’s cloud the way you want it.

From new business and underwriting to policy administration, ALIP is designed to leverage cloud-native services, containers and macroservices for flexibility, resiliency and scale with unlimited options to license, host and service your cloud, your way.

industry-leading solutions; easy

decision.

2 1

Accenture implemented the ALIP policy administration system in the cloud for a well-known global annuity carrier seeking to expand its global presence into Australia. The solution consists of application outsourcing and infrastructure outsourcing managed services along with maintenance, implementation and a secure network.

The carrier manages multiple instances of ALIP from a single U.S. location. With ALIP in the cloud as its global launch platform, the carrier is launching new products more quickly and easily while reducing long-term total cost of ownership. Its first new product launched in less than 12 months and the company continues to launch new products and scale its business globally as a result of ALIP in the cloud.

Large Multinational Annuity Carrier Leverages Cloud to Expand Globally

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IT’S EASY TO MAKE THE CLOUD TRANSITION TODAYSome insurers are concerned about compromising core system functionality to gain optimum cloud performance from their administration system. ALIP is architected to deliver both functionality and performance whether on premise, in the cloud or both.

ALIP’s unique containerized, macroservices approach enables greater flexibility to transition to the cloud smoothly and in the way that’s right for your business, one that delivers the most upfront value. We’ve helped some of today’s most recognized carriers transition their new business, underwriting and policy administration systems to the cloud.

With ALIP, you benefit from Accenture’s deep insurance industry experience and extensive technology expertise. We understand the complexities of managing policies and contracts, and created a path forward that provides you with:

A modernized life and annuity platform that’s industry recognized for its advanced technology and breadth of functionality designed to leverage cloud-native services, containers and macroservices for optimal cloud performance.

A solution that keeps your technology evergreen and provides a variety of options for full disaster recovery.

Best-in-class public cloud managed service with a single accountable provider, the only cloud service provider ranked No. 1 integrator for AWS, Microsoft Azure and Google.

Peace of mind knowing that you’re working with an experienced cloud implementation team that’s successfully deployed ALIP in the cloud for some of the nation’s most recognized carriers.

Hosting options that enable you to have your own fully dedicated solution or leverage ALIP in a Platform as a Service model, allowing you to share costs while maintaining your data integrity and privacy.

A cloud-agnostic solution with public, private and hybrid options.

WHY ALIP?

Accenture implemented ALIP new business and a popular underwriting rules engine for a top-five U.S. life insurer. The solution includes application outsourcing and infrastructure outsourcing managed services with two distinct lines of business sharing a single instance.

The cloud’s compute power and scalability enable the ALIP system to provide new levels of automation and real-time underwriting decisions. One of the insurer’s business units processes over 500,000 applications annually with peak periods that can exceed 5,000 applications in a day.

Tier-1 Life Insurer Taps Cloud to Manage It’s High-Volume Business4 ©2020 Accenture. All rights reserved.

5©2020 Accenture. All rights reserved.

YOUR CLOUD. YOUR WAY.Key benefits:

It’s your choice. Whether you choose a dedicated instance or multi-instance, ALIP gives you greater flexibility to manage your cloud based on your budget, resources and in-house capabilities. As your needs change, it’s easy to change your services.

Business ProcessingBusiness Processing

Product Configuration Product Configuration Product Configuration

ALIP ALIP ALIP

Managed Services Managed Services Managed Services

Infrastructure Infrastructure Infrastructure

Networking Networking Networking

Security Security Security

Support Support Support

SLAs SLAs SLAs

Business Processing

ON PREMISESDedicated Instance

IaaSDedicated Infrastructure

PaaSShared Infrastructure

Client Driven Accenture Driven Client or Accenture Driven

Maintain your unique market differentiators

Improve operating efficiency

Avoid technology stagnation

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ALIP CLOUD OFFERS A UNIQUE ADVANTAGEYour unique market differentiators and your data always remain private —no multitenancy. However, if you’re looking to stretch your budget further, ALIP’s Platform as a Service approach lets you share services, infrastructure and monitoring while providing a dedicated application instance. Alternatively, you can have a dedicated instance and your own managed services, infrastructure and monitoring.

Platform as a Service Infrastructure as a ServiceMulti-instance, not multitenant, so your application instance is dedicated to you.

Single instance, single tenant and private, dedicated to you.

6 ©2020 Accenture. All rights reserved.

7©2020 Accenture. All rights reserved.

A HOST OF OPTIONSChoose the services you need to manage your cloud, your way and leave the rest to Accenture.

This is the way we do cloud—your way.

Learn how fast and easy it is to move to the cloud. You keep all your functionality and gain greater security plus evergreen technology. Contact us today.

IT-as-a-Service

Infrastructure Setup

Infrastructure Operations

Application Operations

Cloud Security

• Data Center (Managed Public Cloud)

• Network• ALIP Environments• Runtime Resiliency• Servers & Compute• Storage• Accenture Cloud

Platform (ACP)

• Disaster Recovery• Backups• Incident Management• Infrastructure

Monitoring• Automation• Batch Operations• Patch Management• Virus Scanning• Environment

Management

• Production Support (L2/L3)

• Application Performance Monitoring

• Change Management• Release Management• Minor Enhancements• Defect Management• Preventive Maintenance

• People• Process• Policies• Network

• Data & Information• Application• Authentication• Authorization

• Testing• Monitoring• Hardening, OS Sec• Vulnerability Mgmt

• SIEM• Network Security• Source Scanning• Secure SDLC

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 more than 40 industries and all business functions—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 492,000 people serving clients in more than 120 countries, Accenture drives innovation to 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

ABOUT ACCENTURENancy BassSales and Client Management Lead Accenture Life and Annuity Softwarenancy.bass@accenture.com

Or, visit www.accenture.com/lifeandannuitysoftware

CONTACT US

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