MCLEAN,
Va., Feb. 13, 2024 /PRNewswire/ -- Appian
(Nasdaq: APPN) announced today that it is named a Leader in the
Everest Group insurance technology report, Low-code Technology
Providers in Insurance PEAK Matrix® Assessment 2023. The report
analyzes 21 low-code insurance providers across multiple evaluation
dimensions, including:
- Vision and capability to deliver products successfully.
- Overall function of strategic roadmap, technology
sophistication, services capability, flexibility and ease of
deployment, engagement and commercial model, and support.
- Market impact and function of market adoption, client portfolio
mix, and value delivered.
Appian announced that it is named a Leader
in the 2023 Everest Group insurance technology report.
According to the report, insurance organizations
seek support to manage the technology environment, address talent
shortages, and respond to changing market dynamics. Insurers are
increasingly relying on low-code technology for rapid
application development, integration, and meeting time-to-market
needs. Appian's recognition as a Leader in the report is based on
its strong value proposition to fulfill insurers diverse needs
across the value chain.
"Appian has done well in elevating insurance
industry mindshare by offering exhaustive out-of-the-box
functionality to automate insurance processes, unify data across
systems, and showcase credible success proof-points with life and
non-life carriers," said Vigitesh Tewary, Practice Director,
Everest Group. "Appian's focus on establishing a robust ecosystem
with services and technology partners, a comprehensive skilling and
certification program, and offering a compelling value-proposition
as a low-code platform that can scale with carriers' business
volumes and workload complexity has enabled Appian to secure a
Leader recognition on Everest Group's Low-code Technology Providers
in Insurance, Products PEAK Matrix® Assessment 2023."
"With the Appian Platform, we are automating our
processes from intake and coverage verification to assessing
whether a dispute is covered by the insurance policy, and finally,
distributing it to the appropriate case handler for claims
handling. Our objective is to build upon data and processes to
automate mundane tasks and empower our case handlers to concentrate
on their legal work," said Erik
Hietkamp, Director ICT, DAS.
"We are proud to announce that Appian has
received recognition for our innovative approach to providing
digital insurance solutions aligned with our commitment to
excellence in the insurance industry," said Jake Sloan, VP of Insurance, Appian. "The Appian
Platform is meticulously designed to empower insurers with a
robust, low-code AI process automation platform that enhances
operational efficiency, optimizes risk management, and accelerates
the launch of new insurance products. Recognition from Everest
Group not only solidifies our standing as a leader in insurance
technology but also underscores our dedication to ongoing evolution
and pioneering transformation in insurance services through
Appian."
View the full report here:
https://ap.pn/48d5JZf.
About Appian
Appian is a software company that automates
business processes. The Appian AI Process Platform includes
everything you need to design, automate, and optimize even the most
complex processes, from start to finish. The world's most
innovative organizations trust Appian to improve their workflows,
unify data, and optimize operations—resulting in better growth and
superior customer experiences. For more information,
visit appian.com. [Nasdaq: APPN]
Follow Appian: LinkedIn, Twitter.
Follow Appian UK: LinkedIn,
Twitter.
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SOURCE Appian