The insurance industry has been an environment based on survival of the fittest as declining returns on investment income continue to place downward pressure on profits. The requirement to reduce discretionary spending and total cost of ownership is real – as is the need to invest in initiatives that drive new business growth.
With these pressures, changing market demands, and increased regulatory scrutiny – both local and regional – it’s essential to apply innovation across the insurance value chain, from product development, marketing and sales, and underwriting to policy administration, claims management, and reinsurance.
Accel’s insurance industry solutions help organizations to proactively realign themselves to customer needs and shifts in the marketplace. The experts at Accel understand the pressures and operational issues of insurance companies and deliver solutions customized to specific needs of businesses. Driven by a robust delivery model and proven Agile methodology, we enable successful IT transformation across complex architectures.