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,

Welcome to NerdWallet’s Smart Money podcast, where we answer your real-world money questions.

This week’s episode starts with a discussion of the few remaining ways people can reduce their tax bills, including contributing more to retirement and health care funds.

Then we pivot to this week’s question from Marco in New York, who says, “I’ve learned a bit about stocks, index funds, mutual funds and so much more, but it’s very overwhelming and I’ve just been circling for weeks trying to decide where to open an account. I was hoping you could dive more into how to select the best platform to invest your money. What makes some better than others? I also currently have a 401(k) through my company. Is it smart to do my personal investing on the same platform to be consistent?”

Have a money question? Text or call us at 901-730-6373. Or you can email us at [email protected] To hear previous episodes, return to the podcast homepage.

Check out this episode on any of these platforms:

Our take

Fortunately, you don’t need to be an expert to open a brokerage account and start investing. It’s a learn-as-you-go project. The important thing is to start as early as you can. The longer you’re in the market, the more wealth you can build.

If you’re overwhelmed, consider starting with an option that does most of the work for you, such as a robo-advisor. These computerized platforms ask you a few questions and then set you up with a portfolio of investments that’s constantly monitored and adjusted.

If you want to be more hands-on, the best investing platform will depend on a number of factors. Some firms specialize in helping new investors learn, with lots of online educational materials and live seminars. If you have a limited budget, you’ll

Virtual training and pay-as-you-go fitness platform partners with leading sports performance apparel brand to further promote the active lifestyle of its users

FlexIt and 2XU team up

FlexIt and 2XU team up to bring fitness and performance apparel together.
FlexIt and 2XU team up to bring fitness and performance apparel together.
FlexIt and 2XU team up to bring fitness and performance apparel together.

NEW YORK, Oct. 12, 2020 (GLOBE NEWSWIRE) — FlexIt, the platform that enables users to seamlessly access live, 1-on-1 virtual training with personal trainers and access fitness facilities all over the country, announces its partnership with 2XU, a proven leader in performance sports apparel. This collaboration will allow users to take full advantage of both products, providing both FlexIt users and 2XU customers with a well-rounded fitness experience.

Both 2XU customers and FlexIt users will benefit directly from this partnership. 2XU customers will receive custom access to FlexIt’s virtual training platform and its network of close to 3,000 partner fitness facilities across the United States. FlexIt users will be rewarded for completing specific fitness challenges (such as working out for consecutive days) with exclusive 2XU offers across the brand’s key product categories, which are all designed to help users prepare, perform and recover to improve their overall performance. Together, the two companies are giving their networks the opportunity to continue their fitness journeys through various initiatives, experiences and activations over the next year.

“FlexIt and 2XU are two like-minded companies in that both our missions focus on providing everyone with the tools they need to work out successfully, in a way that makes them feel comfortable, no matter where they are,” said Austin Cohen, CEO and founder of FlexIt. “We’re partnering to further these goals and make sure people can work out their way with premier fitness access and performance apparel.”

2XU is a global leader in sports

The Canadian Press

Germany holds on to beat Ukraine for 1st Nations League win

KYIV, Ukraine — Germany finally won a Nations League game at the seventh attempt on Saturday, holding on to beat Ukraine 2-1 to ease the pressure growing on coach Joachim Löw.Defender Matthias Ginter and midfielder Leon Goretzka scored to give Löw’s team its first win in Group 4 of League A, its first of the year, and coming after three games including the friendly against Turkey in which it squandered leads to draw.“It was important that we were stable in defence and that we didn’t allow the opponent any chances,” Löw said.A late penalty from Ruslan Malinovskyi ensured another nervy ending, but a Ukraine side depleted by coronavirus cases and injuries was unable to draw level. Andriy Shevchenko’s side was thrashed by France 7-1 in their friendly on Wednesday.After drawing with Turkey 3-3 in Cologne the same day, Löw restored his regular players in Kyiv, building the team around the Bayern Munich “block” of Manuel Neuer, Niklas Süle, Joshua Kimmich, Goretzka and Serge Gnabry. Leipzig’s Lukas Klostermann and Marcel Halstenberg, and Real Madrid midfielder Toni Kroos also returned to the starting lineup.None of them were involved in the opening goal, however, down to good work from defender Antonio Rüdiger, who beat his marker and crossed low for Ginter to convert at the far post in the 20th minute. Gnabry tried a back-heel but failed to connect fully before the ball reached Ginter.It was far from convincing from the visitors, who remained prone to mistakes under pressure from the home side.“It was the case again that we gave the ball away too easily in several phases,” Löw said.A miscued back-pass from Ginter would likely have been punished by Shevchenko in his prime, but the Milan great, now



REUTERS/Toby Melville


© REUTERS/Toby Melville
REUTERS/Toby Melville

  • The London Stock Exchange agreed to sell Italy’s only stock market platform to Paris-headquartered Euronext for about $5 billion.
  • LSE said it opted to divest the Milan stock exchange to fulfill a condition for its acquisition of  data-provider Refinitiv, which is currently under review by the European Union’s executive arm.
  • The deal is politically sensitive, as the Italian government was debating whether to take back full control of Borsa Italiana earlier this year.
  • Euronext has partnered with Italy’s largest bank and state agency CDP to secure the Italian government’s backing.
  • Visit Business Insider’s homepage for more stories.

The London Stock Exchange agreed on Friday to sell Milan’s Borsa Italiana to pan-European stock operator Euronext for 4.3 billion euros ($5 billion).  

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The LSE said it began discussions with Paris-based Euronext last month and a share purchase agreement was signed on October 9.

The sale depends on LSE’s prospective $27 billion acquisition of data provider Refinitiv, the terms of which are under investigation by the European Commission. 

LSE said it opted to divest the Italian stock exchange to persuade the EU regulator to approve its takeover of Refinitiv.

“We believe the sale of the Borsa Italiana group will contribute significantly to addressing the EU’s competition concerns,” LSE CEO David Schwimmer said in a statement, adding that the exchange is making “good progress” on the Refinitiv deal.

The Refinitiv transaction is expected to be completed by early next year, while the Borsa Italiana deal is set to clear in the first half of 2021. 

Read moreCiti’s US equities chief warns of an ‘extreme peak’ in earnings revisions heading into the crucial reporting season — and explains why it makes stocks vulnerable to a pullback in the weeks ahead

Euronext, valued at about 7 billion