Accenture Helps AXA's Italian Subsidiary Quixa Accelerate Insurance Product Development and Increase Customer Satisfaction
Quixa, the direct-to-consumer motor insurance company of AXA Group in Italy, goes live with Accenture's rating software to enhance product configuration and business management capabilities
NEW YORK--(BUSINESS WIRE)-- Accenture (NYS: ACN) has completed the implementation of Accenture Duck Creek Rating software at Quixa SpA, the Italian subsidiary of AXA that provides motor insurance online and via telephone. Quixa is using Accenture Duck Creek Rating to transform its product definition and deployment capabilities and enhance its existing business management processes.
As a rapidly growing motor insurer, Quixa wanted a solution that provided highly flexible product, rating and rules configuration capabilities while allowing a seamless integration to its existing legacy systems. Following the 12-week implementation of Accenture Duck Creek Rating, Quixa now has the flexibility to quickly respond to changing market conditions and provide dynamic pricing based on customer relationships. The company can also better support customers with rapid introduction of new products and high-volume internet quoting.
"Innovation is a key driver for Quixa," said Filippo Sirotti, CEO of Quixa SpA. "The company stands out in the Italian market as a pioneering provider of innovative solutions. Following this approach, Quixa has identified the Accenture Duck Creek Rating software as the perfect match to further support its vision of delivering an exceptional customer experience. We rely on the highly configurable nature of this product to enhance our business management processes and support our growth in a competitive market."
"Our work with Quixa will enable them to deliver an exceptional experience to their customers," said Michael A. Jackowski, global managing director of Accenture Software for P&C Insurance. "Working with our insurance software Center of Excellence in Barcelona, we are able to provide industry and delivery expertise, accelerating the success of our expanding European client base."
Accenture's award-winning policy and claims software offers an integrated suite of software with modules that can be implemented individually or as part of a broader migration strategy. Accenture's offerings enable insurers of all sizes to benefit from a flexible suite of P&C software to configure products, transact lines of business and process claims. Accenture's policy and claims software is a component of Accenture Property & Casualty Insurance Services, a business service within Accenture's Financial Services operating group that provides consulting, technology and outsourcing solutions to P&C insurers and serves more than 70 clients worldwide.
About QUIXA S.p.A.
Quixa is the new generation insurance company from the AXA Group specialised in the sale of car insurance policies through the Internet (www.quixa.it). Operating in the Italian market since September 2008, the company offers an innovative formula combining the benefits of traditional car insurances with those of direct ones: the personal consultant - a dedicated professional attributed to each customer from the first contact with the company and whom he can always refer to for assistance - and a competitive price.
About the AXA Group
The AXA Group is a worldwide leader in insurance and asset management, with more than 163,000 employees serving 101 million clients in 57 countries. In 2011, IFRS revenues amounted to Euro 86.1 billion and IFRS underlying earnings to Euro 3.9 billion. AXA had Euro 1,065 billion in assets under management as of December 31, 2011.
The AXA ordinary share is listed on compartment A of Euronext Paris under the ticker symbol CS (ISN FR 0000120628 - Bloomberg: CS FP - Reuters: AXAF.PA). AXA's American Depository Share is also quoted on the OTC QX platform under the ticker symbol AXAHY. The AXA Group is included in the main international SRI indexes, such as Dow Jones Sustainability Index (DJSI) and FTSE4GOOD, and is a founding member of the UN Environment Programme's Finance Initiative (UNEP FI) Principles for Sustainable Insurance.
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.
KEYWORDS: United States Europe North America New York Italy
The article Accenture Helps AXA's Italian Subsidiary Quixa Accelerate Insurance Product Development and Increase Customer Satisfaction originally appeared on Fool.com.
Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.