Market Overview

Capgemini Named Leader and Star Performer for Insurance Application Outsourcing by Everest Group


Strong business growth, strategic alliances and acquisitions keep
Capgemini as a Star Performer in Everest Group's PEAK Matrix analysis

today announced that it has been named a "Leader and Star Performer" in
Everest Group's Insurance Application Outsourcing (AO) PEAK Matrix
for the second consecutive year, as well as maintained its ‘Star'
designation for a third consecutive year.
Capgemini achieved this
recognition by demonstrating strong business growth, especially in the
property and casualty (P&C) market segment, making balanced investments
to strengthen its business transformation and running of the business
capabilities, as well as aligning with strategic alliance partners and
making acquisitions that broaden its consulting capabilities. Strong
thought leadership and research initiatives, its focus on innovation
hubs, and its consulting heritage also contributed to positioning
Capgemini as a Leader in the insurance marketplace, according to Everest
Group. This year, Everest Group released two additional PEAK categories
for P&C and life and annuities (L&A) segments and in these, Capgemini
was named a leader in P&C and a major contender in L&A.

"As technology becomes core in creating superior customer value and
driving differentiation in the market, the expectations from service
providers have shifted from an arbitrage-based model to a digital-first
model defined by skills, digital solutions, and business outcomes,"

said Ronak Doshi, Practice Director, Everest Group. "A significant
number of new client wins in the P&C insurance business segment, strong
brand recall for insurance-focused core products' implementation
expertise, and targeted acquisitions to strengthen digital and
consulting capabilities helped Capgemini strengthen its value
proposition and be positioned as a Star Performer and Leader on the 2017
Everest Group Insurance AO PEAK Matrix

Jack Dugan, Head of Insurance for Capgemini, said "With the insurance
industry experiencing profound disruption, we want to provide our
clients with digitally-based solutions that allow them to take advantage
of the disruption. Our goal this year was to deliver innovative
solutions, and this recognition from Everest Group once again validates
that the industry values our work and that we are headed in the right

Everest Group analyzed the capabilities of 23 leading AO service
providers specific to the global insurance industry and selected
Capgemini, once again, as a top-five Star Performer. Star Performer
distinction is awarded to service providers that display the strongest
movement over time across a range of key metrics including market
success and capabilities, with those in the top five positions earning
Star status.

About Capgemini

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 200,000 team members in over 40 countries. The
Group reported 2016 global revenues of EUR 12.5 billion.

Visit us at
People matter, results count.

1 Everest Group's PEAK MatrixTM is a composite
index of a range of distinct metrics related to a service provider's
scale, scope, technology/domain expertise and innovation, delivery
footprint, buyer satisfaction, and resultant market success in the
context of a given outsourcing function.

View Comments and Join the Discussion!