Accenture, a New York con-sulting firm, said Monday that it has been chosen to execute its underwriting solution in Fireman's Fund Insurance Co.'s personal and commercial lines business units.
Fireman's Fund is to install the full suite of the Accenture Underwriting Components Solution, a Web-based software platform designed to improve the efficiencies of insurers' underwriting systems through diagnostics and rules-based technology.
The Accenture product is designed to give underwriters and operations employees an integrated platform to better leverage their own best practices in risk selection and pricing, to automate underwriters' routine tasks, and to let underwriters focus on value-added activities, such as managing accounts more efficiently and segmenting and evaluating risks more effectively.
Fireman's Fund Insurance is a property and casualty company that sells personal, commercial, marine, excess, and surplus lines and agribusiness insurance products nationwide. It is a member of the Allianz Group.
