today announced that it has been named a Leader and Star Performer in
Property and Casualty (P&C) digital services in Everest
Group’s 2019 P&C PEAK MatrixTM1.
Everest Group cited Capgemini’s articulation of its vision for the
future of insurance, its strong capabilities across the digital
technology stack, growth-spurring acquisitions, and pursuit of
innovation as reasons for why Capgemini is a Leader and Star performer.
“Property & Casualty (P&C) insurers realize the importance of a
digital-first strategy for sustained differentiation in the market. Most
P&C insurers start this journey by digitizing their core and in the
process build a strong IT backbone to enable their digital initiatives.
On top of a modern core, P&C insurers are integrating next-generation
technologies, such as big data, blockchain, IoT, and machine learning,
to build differentiated products and enhance customer experience,” said
Ronak Doshi, Practice Director, Everest Group. “Strong market success
proof points of assisting P&C insurers on multiple digital technology
stacks, expansion of its network of Applied Innovation Exchanges (AIEs),
and focused acquisitions to strengthen its digital leadership have helped
Capgemini strengthen its value proposition and position it as a Star
Performer and Leader on the 2019 Everest Group P&C Insurance Digital
Services PEAK MatrixTM.”
Twenty-one service providers of digital insurance services were
evaluated in the 2019 PEAK MatrixTM. Those that show the most
growth are designated by Everest Group as Star Performers.
“As P&C digital transformation is an area of deep expertise and
strong results for us, it is especially meaningful that Everest Group
has commended our strengths and capabilities. Everest Group’s analysis
is highly regarded in the marketplace which makes this a strong
validation of our offerings and deliverables,” said Shane Cassidy,
Managing Director of the Insurance Business Unit for Capgemini’s
Financial Services. “To be named an Everest Group Star Performer,
strong growth in the marketplace needs to be achieved which validates
that our solutions are resonating well with insurers.”
The full report, Property
& Casualty (P&C) PEAK MatrixTM 2019 – Reimagining
Products and Stakeholder Experience is available on the Everest
A global leader in consulting, technology services and digital
transformation, Capgemini is at the forefront of innovation to address
the entire breadth of clients’ opportunities in the evolving world of
cloud, digital and platforms. Building on its strong 50-year heritage
and deep industry-specific expertise, Capgemini enables organizations to
realize their business ambitions through an array of services from
strategy to operations. Capgemini is driven by the conviction that the
business value of technology comes from and through people. It is a
multicultural company of over 200,000 team members in more than
40 countries. The Group reported 2018 global revenues of EUR 13.2
Visit us at www.capgemini.com.
People matter, results count.
The PEAK Matrix is a framework to assess the relative market