Accenture announced a cloud-based version of its life insurance new business and underwriting software. The software is now available with a Software as a Service (SaaS) licensing option.

“By offering a cloud-based deployment option, we help insurers further reduce costs by allowing them to match their underwriting processing capacity with fluctuating demand. The component delivers leading underwriting templates, rules and processes without the need to host and support a new technology system; this allows for rapid implementation and time-to-value,” said Mitchel Ludwig product line lead of Accenture Software for life insurance.

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