NEW YORK–(BUSINESS WIRE)–Accenture (NYSE: ACN) today announced that Gartner, Inc. has given the Accenture Life Insurance & Annuity Platform (ALIP) the highest score in its Individual/New Business Onboarding/Straight-through Processing Use Case in a new report, titled “Critical Capabilities for Life Insurance Policy Administration Systems, North America.” ALIP also received high scores in the Digital User Support Use Case.

“The COVID-19 pandemic makes it clear that the insurance industry must adopt digital strategies and flexible technologies to quickly respond to changing conditions, particularly as demand for digital services soars,” said Shay Alon, who leads Accenture’s Life and Annuity Products and Platforms business. “New health risks and long-term changes in customer behavior will make automated underwriting, cloud platforms and technologies that bring life, health and wellness together even more pertinent. We believe our score from Gartner reflects our forward-thinking digital strategy for insurers, as they help customers with straight-forward processes for claims and policies.”

The report states, “Straight-through processing is a foundational digital business capability for a policy administration system (PAS).” The report also notes that as the industry moves forward, “CIOs must reevaluate their PASs for fitness for an expected acceleration in digital sales and services in a virtual work-from-home world.”

Used by leading insurers worldwide, ALIP is a robust, configurable and scalable solution that provides life insurance carriers and annuity providers with advanced capabilities for product development, new-business development, underwriting, policy administration, claims and payout. It is available as an on-premise solution and over the cloud as an integrated suite of software with modules that can be implemented individually or as part of a broader migration strategy.

Accenture’s life and annuity software is part of Accenture Life Insurance Services.

1 Gartner “Critical Capabilities for Life Insurance Policy Administration Systems, North America” by Richard Natale, Rajesh Narayan, Aug. 11,

Guidewire Software positioned highest for “ability to execute” and furthest for “completeness of vision”

Guidewire Software, Inc. (NYSE: GWRE), the platform general insurers trust to engage, innovate, and grow efficiently, today announced that it has been positioned as a Leader in Gartner, Inc.’s “Gartner Magic Quadrant for Non-Life Insurance Platforms, Europe,1for the third consecutive year. Guidewire Software was again placed highest on both the ability to execute axis and furthest on the completeness of vision axis. A complimentary copy of the report can be viewed here.

This is the third year that Gartner has produced a Magic Quadrant for Non-Life Insurance Platforms, Europe. Gartner’s report evaluated 11 vendors in the general/Non-Life insurance space that have qualified for inclusion.

“Given the disruption that the insurance industry is experiencing, it is not enough to be a provider of modern core systems. A non-life-insurance platform vendor must not only demonstrate a high degree of business knowledge and relevant content across a range of LOBs, but also show non-life insurance IT and business leaders how it provides a broader platform for innovation for future digital business initiatives,” wrote Sham Gill, senior director analyst, and Manav Sachdeva, senior principal analyst, Gartner and co-authors of the report.

“Guidewire is honoured to be recognised by Gartner for the third consecutive year as a Leader in its Magic Quadrant for Non-Life Insurance Platforms, Europe,” said Keith Stonell, vice president, EMEA, Guidewire Software. “We are deeply committed to addressing the technology requirements of the Non-Life insurance industry and are setting the bar with our cloud-optimized platform that unifies digital, analytics, and the core. Our customers’ success is our top priority, and we view this recognition as a shared acknowledgment with the Guidewire community.”

1Gartner Magic Quadrant for Non-Life Insurance Platforms, Europe, Sham Gill, Manav Sachdeva,