New York - Accenture has agreed to acquire NaviSys, a privately held company that specializes in software solutions for the North American life insurance industry. Terms of the transaction, which is expected to close within the next 60 days, were not disclosed.
The acquisition will give Accenture a life insurance platform with a full spectrum of processing capabilities, from front-office sales to back-office policy administration. Accenture will maintain and enhance NaviSys' existing services and leverage NaviSys software to develop new business process outsourcing (BPO) services for life insurers in North America.
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