Southern Trust Selects Accenture to Support Growth Initiatives

  Southern Trust Selects Accenture to Support Growth Initiatives

Insurer chooses Accenture’s software to modernize core insurance policy system
             and improve processes to support business expansion

Business Wire

NEW YORK -- November 14, 2012

Accenture (NYSE: ACN) announced today that Southern Trust has selected
Accenture Duck Creek Policy Administration and Billing software as its core
commercial lines rating, policy processing and billing system. The software
suite will enable Southern Trust to more efficiently and profitably manage
their current book of business, along with positioning them for growth.
Southern Trust writes commercial lines in Georgia, South Carolina and
Tennessee.

Southern Trust will also use Accenture Duck Creek Templates, a pre-configured
insurance product deployment solution for Insurance Services Office (ISO)
based commercial lines and National Council on Compensation Insurance (NCCI)
based workers’ compensation products. The templates are designed to support
rapid implementation and ongoing maintenance of these lines of business with
lower cost and risk.

“We need a modern technology system with a track record of fast, successful
implementations to support both our current needs and our future expansion
roadmap,” said Eric Russett, Vice President, Southern Trust. “With Accenture
Duck Creek software, we’ll be able to more easily support and configure all of
our commercial lines of business on a single platform while also benefiting
from a future-proof architecture that positions us for growth.”

“We are pleased that our software was selected by Southern Trust as a key
component of their move to a modern technology platform,” said Michael A.
Jackowski, global managing director of Accenture Software for P&C insurance.
“Their mission is to provide best-in-class service to their agents and
customers, and they understand that our software enables streamlined and
efficient policy and billing processing, as well as increased service levels.”

Accenture’s award-winning policy and claims software offers carriers an
integrated suite of software with modules that can be implemented individually
or as part of a broader migration strategy. The combined software enables
insurers of all sizes to benefit from a flexible suite of P&C software to
configure products, transact lines of business and process claims.

About Southern Trust

Southern Trust, founded in Macon, GA in 1968, is a commercial lines carrier
offering competitively priced quality insurance products through a network of
over 200 independent insurance agents in Georgia and Tennessee. Southern Trust
is rated A (Excellent) by the A.M. Best Company, the oldest and most
experienced insurance rating organization in the world.

About Accenture

Accenture is a global managementconsulting,technologyservices
andoutsourcingcompany, with 257,000 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$27.9billion for the fiscal year ended Aug. 31, 2012. Its
home page iswww.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.

Contact:

Accenture
Francois Luu, +33 6 60 53 84 28
francois.luu@accenture.com
or
Sean Conway, + 917 452 6444
sean.k.conway@accenture.com
or
Julie Bennink, + 312 693 7301
julie.l.bennink@accenture.com
 
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