Everest Group: Life & Annuity (L&A) Insurance IT Services PEAK Matrix® Assessment 2024
Deloitte is positioned the highest in the Leader category in Everest Group’s Life & Annuity (L&A) Insurance IT Services PEAK Matrix® Assessment 2024 for Market Impact
Deloitte has been positioned the highest in the Leader category in Everest Group’s Life & Annuity (L&A) Insurance IT Services PEAK Matrix® Assessment 2024 for Market Impact. This PEAK Matrix® provides comparative evaluations of service providers, locations, and products and solutions within various market segments. Many leading organizations around the globe trust these comparative assessments because of their unbiased evaluation of factors such as vision, capabilities/functionality, talent availability, market success/impact, and cost.
Everest Group highlighted how “Deloitte’s significant investments in building its own IP and industry-specific solutions for analytics/visualization, content management, AI / Gen AI-powered use cases have helped it stand apart from competition.”
And that, “Clients have appreciated Deloitte’s understanding of domain-specific nuances across technology, services, and operations and its ability to effectively manage initiatives tailored to client needs across diverse pain points from product/actuarial transformation, core modernization, to point solutions across the value chain.”
“Deloitte has demonstrated strong domain depth and business transformation capabilities to serve L&A carriers across large modernization engagements as well as specific industry value-chain functions,” says Aaditya Jain, Vice President at Everest Group. “Targeted investments into building industry-specific solutions for analytics, content and experience management; as well as an extensive ecosystem of technology partners to support niche business segments such as pension/retirement risk transfer and life/group benefits modernization, have helped Deloitte secure a Leader positioning in Everest Group’s Life and Annuity Insurance IT Services PEAK Matrix® Assessment 2024.”
What you’ll gain from the report:
- Understanding of the vendors and their market success and delivery capabilities in Life & Annuity (L&A) Insurance IT services
- The strengths and cautions of Deloitte’s capabilities as a Life & Annuity (L&A) Insurance IT Services provider
- Insights from Everest Group to analyze the Life & Annuity (L&A) Insurance IT services provider landscape and its impact in the current market
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