Accenture News
Europe Emerging as InsurTech Investment Hub: Accenture
Global investment in the insurance technology industry surged in 2017, with Europe emerging as a new hub outside the U.S., according to new research from Accenture. The research, which includes new ...
InsurTech Investment Is Surging in Europe as Carriers Modify Customer Interactions
Insurers are counting on real-time technology to help them cut back payouts, from a system warning ships of nearby pirates to an app offering to buy sleepy drivers a coffee on the motorway. The lure ...
Safe Driving Algorithm Project Begins Involving Sompo Japan, Accenture and a Japanese Cab Company
Sompo Japan Nipponkoa Insurance, Accenture and a Japanese cab company will work jointly to develop a deep learning algorithm designed to help better understand driving behavior and improve safety in ...
AIG, MassMutual Take on $1.6B in Accenture Pension Obligations
Consulting and outsourcing services provider Accenture Plc said on Friday it would transfer $1.6 billion in pension obligations to insurers American International Group Inc and MassMutual. The ...
Cognitive Computing Takes Off
Cognitive computing is catching on fast among property/casualty insurance companies, which are embracing the new technology in pursuit of labor efficiency more than labor replacement—at least for ...
AI Will Transform Insurance Industry, Execs Say: Accenture Report
Three-quarters of insurance executives believe that artificial intelligence will transform the overall industry within three years, although a slightly lower percentage foresee significant changes ...
Autonomous Vehicles Will Provide Significant Short-Term Gains for U.S. Auto Insurers
U.S. property/casualty insurance carriers could see significant short-term financial gains from insuring autonomous vehicles before likely long-term personal auto premium declines after the ...
Insurance Carriers Take Note: Most Customers Want Computer-Generated Advice Options
Insurance carriers looking to embrace or enhance their ability to provide customers computer-generated advice and services should know that most consumers globally approve of the practice. But they ...