Security Benefit: Policy Administration
Client: Security Benefit is based in Kansas and has more than 100 years of experience in the financial services industry, with $19.3 billion in assets under management in 2007. It provides retirement plan services and investment products. Security Benefit also provides an array of financial programs to various markets and offers investment options through partnerships with leading money managers.
Industry: Financial Services; Insurance
Geography: Global
Accenture helped Security Benefit overhaul its policy administrative system, moving the insurance company onto the Accenture Life Insurance Platform. The collaboration reduced costs and cycle times—more important, new platform has enabled the speedier introduction of new products, thus helping the company to achieve high performance.