Insurance industry is turning to software solutions to continue adapting to changing market

cloud technology insurance industry

Berkshire Hathaway to make use of new cloud-based software solution from Accenture Berkshire Hathaway Specialty Insurance has announced that it has accepted an offer from Accenture, a technology services firm, regarding the use of cloud-based property and casualty software. The software will be delivered through the Accenture Cloud Platform and will allow Berkshire Hathaway to consolidate and streamline its business processes. This is expected to enhance the insurer’s efficiency and help reduce operating costs to some degree. Cloud-based technologies and services are becoming more popular throughout the insurance industry. The…

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Insurance industry shows praise for Accenture technology

Accenture insurance industry

Accenture receives high rating for the technology it provides to the insurance industry Accenture, a global management consulting and technology services company, has received the highest possible rating from Gartner, a global market research firm, for the fifth consecutive year. Gartner has released the results of its “MarketScope for North American Property and Casualty Insurance Claims Management Modules” report, wherein Accenture’s Claim Components software won top marks from the firm. The software has proven valuable for much of the insurance industry in the U.S., especially as the interests of insurers…

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Life insurance may address retirement issues

Annuities retirement strategy pennsylvania insurance commissioner

Accenture releases new global survey concerning retirement issues Accenture, a global management consulting and technology services firm, has released a new survey regarding how consumers feel about their financial situation after retirement. Finances have become a serious concern for a large number of people all over the world. The 2008 economic disaster, as well as the ongoing financial crisis in Europe, has put money on the minds of millions. The survey suggests that many of the issues plaguing the minds of consumers in respect to their retirement could be tied…

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Insurance survey shows consumers unclear about what they really have

A new survey from Accenture, a managing and technology services company, has been released. The survey draws upon the experience of 7,000 people across 13 countries regarding their satisfaction with the insurance industry. The worldwide industry has come under a fair amount of scrutiny recently for glorifying insurance policies that are far less than what they claim to be. Accenture’s survey reveals major gaps between what customers expect to receive from insurers and what they are actually getting. According to the survey, 84% of respondents said that they were satisfied…

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