Key Insurance Company Selects Accenture to Help Drive Product Development and Expansion
Accenture (NYSE: ACN) announced that Key Insurance Company has selected
Accenture Duck Creek Rating property and casualty (P&C) policy software
to support their product development and expansion initiatives. The
insurer offers personal automobile coverage in Kansas, Oklahoma, Nevada,
Arizona, and Alabama and will use Accenture Duck Creek as its core
rating system.
Key Insurance will also use the Accenture Duck Creek Express platform to
support web-based quoting for their expanding agency network. Express is
Accenture Software’s user interface configuration tool that enables
companies to easily deploy multiple, tailored user experiences. Rating,
product definition, and the user experience are all managed with a
common toolset – a single point of change. This capability gives Key
Insurance greater product development flexibility and helps accelerate
the product implementation process as they move to write in additional
states.
“Our focus is on providing the best service to both our customers and
agents,” said Ed Sitz, IT Manager, Key Insurance. “We had two priorities
in our software selection – making product development and maintenance
easier and giving agents faster and more direct access to those
products. Our extensive vendor evaluation process made it clear that no
other product in the market could deliver these benefits as well as
Accenture Software.”
“We’re pleased that our software was selected by Key Insurance to help
support their product development and geographic expansion goals,” said
Michael A. Jackowski, global managing director of Accenture Software for
P&C Insurance. “With its high velocity rating and rules engine,
Accenture Duck Creek Rating can help insurers move quickly into new
markets by providing outstanding support to both internal and external
users.”
About Key Insurance Company
Key Insurance Company was chartered in June of 2007 as a Kansas
domiciled, admitted carrier to insure private passenger automobiles. The
company is a wholly-owned subsidiary of Med James, Inc., a Managing
General Agency and Wholesaler located in Overland Park, Kansas. Med
James, Inc. has been providing dependable products and excellent service
to its private passenger automobile policyholders since 1991 while
operating as a Managing General Agency writing through fronting
carriers. The establishment of Key Insurance Company completes our
evolution to a linear organization, which includes a field marketing
staff, a dedicated in-house information technologies department and
specialized claims services required to operate profitably in this
class. Key Insurance Company is licensed in Kansas, Oklahoma, Nevada,
Arizona and Alabama, with plans for expansion in the near future. Its
home page is www.keyinsco.com.
About Accenture
Accenture is a global management consulting, technology services
and outsourcing company,
with 259,000 people serving clients in more than 120 countries.
Combining unparalleled experience, comprehensive capabilities across all
industries and business functions, and extensive research on the world’s
most successful companies, Accenture collaborates with clients to help
them become high-performance businesses and governments. The company
generated net revenues of US$27.9 billion for the fiscal year ended Aug.
31, 2012. Its home page is www.accenture.com.
Accenture Software combines deep technology acumen with industry
knowledge to develop differentiated software products. It offers
innovative software-based solutions to enable organizations to meet
their business goals and achieve high performance. Its home page is www.accenture.com/software.
For P&C Insurance software, its home page is www.accenture.com/pcsoftware.
