Accenture News

Booz Allen Scraps DEI Programs in Reaction to Trump Orders

Booz Allen Hamilton Holding Corp., a US government defense contractor, is ending its diversity, equity and inclusion programs, citing President Donald Trump’s executive order pressuring federal suppliers to cancel diversity practices. Booz Allen will close down its DEI department, remove …

Viewpoint: Strategies for Brokers as M&A Slows and Insurance Rates Soften

The brokerage industry is adapting to a changing landscape as macroeconomic conditions temper the tailwinds that have driven growth in recent years. High interest rates, historical valuations, and tighter access to capital have slowed M&A activity, with deal flow declining …

FTC Looking Into Targeted Pricing Based on Personal Data

The U.S. Federal Trade Commission has launched a study of products that could allow companies to set different prices for consumers based on their locations, past purchases, and other personal data. The agency said on Tuesday it had ordered Mastercard, …

Viewpoint: Innovation Trends Through the Lens of Qorus-Accenture Innovation Awards

The winners of the Qorus-Accenture Innovation in Insurance Awards were announced recently at a live ceremony in Milan, bringing together the industry’s trendsetters and pioneers. Now in its eighth year, this program has served as a catalyst for insurance innovation, …

Winners of 2023 Insurance Innovation Awards Announced by Accenture, Qorus

The winners of the eighth annual Qorus-Accenture Innovation in Insurance Awards have been announced. The awards, which honor the best ideas and practices transforming the industry for the benefit of insurers and customers, attracted more than 350 entries from 43 …

Eighth Innovation-in-Insurance Awards Now Open for Submissions

Qorus and Accenture have launched the eighth Innovation in Insurance Awards, inviting insurers and insurtechs to submit their entries in a global competition that celebrates innovation that is transforming the industry. The awards program was launched in 2016 by Efma …

Accenture Acquires Illinois’ Blackcomb Consultants

Accenture has acquired Blackcomb Consultants, an independent Guidewire partner in North America. Terms of the transaction were not disclosed. The acquisition enhances Accenture’s ability to deliver Guidewire solutions to insurers globally to help them become “cloud-first” businesses. Guidewire’s end-to-end technology …

Dissatisfied Claimants Put Carriers at Risk of Losing $170B in Premiums: Accenture

A research report published last week found that one-third of claimants were not fully satisfied with their most recent insurance claims experience, adding that speed of settlement is a clear pain point for policyholders. Translating the level of dissatisfaction into …

Winners of Innovation in Insurance Awards Excel in Customer Focus, AI, Sustainability

The winners of the seventh annual Innovation in Insurance Awards excelled in customer focus, creative applications of artificial intelligence (AI) and automation as well as sustainability, according to the awards’ sponsors, Efma and Accenture. The global awards program, which recognizes …

Efma-Accenture Innovation Awards Offer View of Insurance Industry’s Transformation

Daniele Presutti, Accenture’s Insurance lead in Europe, and Silvia Milián, Accenture’s Insurance lead for strategy and consulting in Iberia discuss how the submissions to 2021’s Efma-Accenture Innovation in Insurance Awards demonstrated the extent that the insurance industry has been developing …