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Building a Better Basket or Really Betting on BPO: The Implications of Accenture's Purchase of NaviSys for Life Insurers

Product Type: Market Research Report
Published by: IDC
Published: August 2006
Product Code: R104-27676
Description

This Financial Insights NewsFlash looks at Accenture's August 17, 2006, announcement that the company had agreed to purchase NaviSys. NaviSys is a privately held company specializing in life insurance policy processing solutions. Specifically, NaviSys offers a life insurance platform with a spectrum of processing capabilities from front-office sales to back-office policy administration.

The announcement stated that Accenture now has a life insurance platform, which it intends to maintain and enhance. Moreover, Accenture will leverage NaviSys' platform to develop new business process outsourcing (BPO) services for life insurers in North America.

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