Principal Financial Group Accelerates Growth Strategy with Accenture Life Insurance & Annuity Platform

NEW YORK; Aug. 28, 2019 – Accenture (NYSE: ACN) today announced that Principal Financial Group® (NASDAQ: PFG) has implemented the Accenture Life Insurance & Annuity Platform (ALIP) to enable its digital growth strategy with enhanced service levels and operating efficiency. Applying ALIP’s automated functionality and seamless connectivity to third-party partners, Principal® can provide its customers with faster service as a result of straight-through processing, while also improving its operations by redirecting valuable IT resources to more strategic initiatives.

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