Accenture News

The ‘Switching’ Economy: Consumers Open to Buying Insurance from Google, Amazon, Verizon

New global research finds that as many as two-thirds (67 percent) of insurance customers would consider purchasing insurance products from organizations other than insurers, including 23 percent who would consider buying from online service providers such as Google and Amazon. …

CGI Loses Obamacare Contract to Accenture: Report

CGI Group Inc., the company that built the federal Obamacare website, will be replaced next month when its contract with the U.S. government expires, a person familiar with the decision said. The Obama administration intends to sign a contract with …

P/C Insurance Analysts’ Expectations Climbing: Accenture

Although returns-on-equity for the property/casualty insurance industry are lagging in the mid-to-upper single-digit range, equity analysts expect companies they recommend with “Buy” ratings to garner returns in the mid-double-digits, according to a survey commissioned by Accenture. The recently published survey …

Accenture to Team with SAS Institute for Sweden’s Folksam Solvency II Regs

Global management consulting, technology services and outsourcing company Accenture announced that it will team with SAS Institute “to implement the SAS Risk Management for Insurance solution group-wide at Folksam, one of Sweden’s largest insurers, to help comply with the Solvency …

Accenture, Guidewire Settle Patent Suits

Accenture and Guidewire Software Inc. have agreed to resolve all outstanding patent litigation between the companies concerning their respective insurance claims management software. San Mateo, Calif.-based Guidewire has agreed to pay an undisclosed sum to New York, N.Y.-based Accenture, with …