Articles from Duck Creek Technologies

Marketplace Reduces Payment Integration from 18 Months to Two Weeks

The company to showcase its modern cloud-native suite for insurers

New executive hires reinforce the company’s commitment to elevating the customer experience, driving growth on a global scale, and leading a movement to transform the insurance industry in 2025 and beyond

WARSAW, Poland, Nov. 13, 2024 (GLOBE NEWSWIRE) -- Duck Creek Technologies, the global intelligent solutions provider defining the future of property and casualty (P&C) and general insurance, announced its second Center of Excellence (CoE) will open in Warsaw, Poland. The new CoE, alongside the one in India, strengthens Duck Creek’s ability to support EMEA and APAC customers by leveraging international talent to deliver 24-hour customer service. This move underscores Duck Creek’s commitment to efficiently address local needs while broadening global reach.

Company Recognizes Accenture, Aggne Global, EY, Hexaware, LTIMindtree, Xceedance, Quadient and Verisk for Technology Innovations to the Insurance Industry

Duck Creek Policy with Active Delivery Platform Leveraged to Streamline and Automate Manual Processes to Improve Overall Core Operational Performance

Recognized for Completeness of Vision and Ability to Execute

Leading P&C software provider focused on driving innovation in insurance will demonstrate its ecosystem of solutions for the digital age

Risk Control’s Platform Will be Fully Integrated into Duck Creek’s Comprehensive Suite of SaaS Solutions for P&C and General Insurers

New Solution Simplifies Insurance Carriers’ Payments Delivering Secure Transaction Capabilities as Part of the Proven Duck Creek Platform

The Cloud-Native Solution Enables P&C and General Insurers to Deliver Products at Scale by Eliminating the Need for Upgrades

Celebrating the bold leaders who disrupt markets, revolutionize industries and transform lives

Duck Creek Takes Home Two XCelent Awards for Advanced Technology and Breadth of Functionality, in Addition to Earning the Highest-Level Rating from Celent’s 2024 Claims Systems Vendors Report

Mutual Benefit Group (MBG) Takes Home the Standard of Excellence Customer Award for the Integration of SPLICE Software with Duck Creek OnDemand Claims.

IAT Insurance Group, in strategic partnership with Coforge, takes home the Standard of Excellence Customer Award for the transition from multiple siloed legacy policy administration systems into the cloud-based Duck Creek system, driving digital transformation

From 40 entrants, solution partner finalists expert.ai, Glia, and Milliman, and systems integrator finalists Cognizant, Coforge, and Capgemini showed their innovative solutions aimed at simplifying the insurance industry

The Pinnacle Gathering of Global Insurance and Technology Innovators Convenes in Dallas, Texas

Formation ‘24 - The Pinnacle Gathering of Global Insurance and Technology Innovators – Features Dozens of Industry Sponsors.

Experienced Marketing and Technology Executive Bindu Crandall to Join Duck Creek Technologies

COLUMBIA, S.C., April 17, 2024 (GLOBE NEWSWIRE) -- Today, Duck Creek Technologies, the intelligent solutions provider defining the future of property and casualty (P&C) and general insurance, hosts its One Duck Creek Summit in Columbia, South Carolina, bringing employees together from across the globe. Attendees are recognized for their roles in the many councils and programs that help Duck Creek create a culture of excellence in insurance and technology.

Through their relationship with Microsoft, Duck Creek is redefining the customer experience and simplifying transactions for technology-focused insurers like Core Specialty

BOSTON, March 19, 2024 (GLOBE NEWSWIRE) -- Duck Creek Technologies, the intelligent solutions provider defining the future of property and casualty (P&C) and general insurance, is excited to introduce Duck Creek Payments to the North American market. This cutting-edge, cloud-based Software as a Service (SaaS) solution is poised to transform the insurance industry by offering unparalleled access to any global payment provider or technology for premium collections and claims disbursements. 

Bodell will discuss techniques to eradicate complexity and return to meaningful work that drives innovative change

BOSTON, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Duck Creek Technologies, the intelligent solutions provider defining the future of property and casualty (P&C) and general insurance, proudly announces the inclusion of Xceedance as a premier reinsurance partner. As a longstanding collaborator with Duck Creek, Xceedance brings cutting-edge technology and top-tier service solutions to reinsurers globally.

The insurtech continues to promote a workplace culture that values diversity and strives for equity and inclusion, setting a high standard within the insurance industry.

Duck Creek Reinsurance extends its market leading capabilities to support insurance carriers globally

Insurance Business America’s Hot 100 list honors top insurance movers and shakers

Accomplished executives bring decades of insurance and technology expertise to new board roles

The company’s newest product introduction will transform the future of data-driven excellence for the insurance industry

Incorporating Azure OpenAI Service and using Duck Creek’s low-code platform empowers insurers to modernize responsibly

With seamless upgrades through Duck Creek’s Active Delivery, FCCI can capitalize on market expansion, foster innovation, and improve customer experiences

BOSTON, Oct. 31, 2023 (GLOBE NEWSWIRE) -- Duck Creek Technologies, the intelligent solutions provider defining the future of property and casualty (P&C) and general insurance, announces its partnership with ICEYE, a leading global provider of natural catastrophe solutions and insights. ICEYE uses reliable, timely, and accessible earth observation data to manage national catastrophes. By welcoming ICEYE to its partner ecosystem, Duck Creek strengthens its commitment to partnering with industry-leading insurance solution providers. ICEYE owns and operates the world’s largest synthetic aperture radar (SAR) satellite constellation, which unlocks actionable insights to solve significant global challenges, including mitigating the impact of flood and wildfire events. Through integrations with ICEYE, the Duck Creek platform will enable a strengthened disaster response and reduced related costs for its policy and claims users through enhanced emergency management decision-making data.

Duck Creek gathers with industry leaders to discuss the state of insurance and showcase the value of their joint solutions

Recognition comes alongside ecosystem partners and global technology leaders who support global insurance businesses

BOSTON, Oct. 02, 2023 (GLOBE NEWSWIRE) -- Duck Creek Technologies, the intelligent solutions provider defining the future of property and casualty (P&C) and general insurance, extends support to ecosystem partner Hyland and sponsors its CommunityLIVE user conference, which takes place October 3-5, 2023 in Las Vegas, Nevada. Duck Creek continues to strengthen its customer focus by partnering with industry leaders, such as Hyland, and fulfilling its commitment to deliver more humanized technology experiences across the insurance industry.

Systems Integrator Partners Accenture, Aggne and Coforge; Solution Partners Copart, LexisNexis Risk Solutions, Quadient, and Smart Communications and Consulting Partner Penguin Tech are each recognized for meaningful technology innovations to the insurance industry during Duck Creek’s Partner Summit ’23

Company appoints Teresa M. Kim, experienced technology finance executive, to oversee finance and accounting functions

Cloud-based SaaS implementation will modernize the insurer’s operations and bring greater ease and efficiency to policyholder support

Boston, Aug. 28, 2023 (GLOBE NEWSWIRE) -- Duck Creek Technologies, the intelligent solutions provider defining the future of property and casualty (P&C) and general insurance, earns Luminary status in Celent's 2023 Property Casualty Billing Systems North American, EMEA (Europe, Middle East, and Africa) and APAC (Asia-Pacific) reports. By being ranked at the top of the matrix based on the sophistication and breadth of its technology and functionality in each region across the globe, Duck Creek further solidifies its position as a leader in P&C insurance.

The niche auto insurer selects Duck Creek OnDemand to quickly grow and deliver modern insurance coverage for New Yorkers

Risk Control Technologies' customers are invited to learn more about the partnership with Duck Creek at the upcoming Loss Control Summit in Toronto

Boston, Aug. 14, 2023 (GLOBE NEWSWIRE) -- Duck Creek Technologies, the intelligent solutions provider defining the future of property and casualty (P&C) and general insurance, announces its partnership with technology-enabled contents and jewelry service provider Artigem LLC (“Artigem”). Through this collaboration, Duck Creek customers will gain access to Artigem's innovative SpeedCheck software, enabling them to update the value of scheduled jewelry items conveniently and accurately in real time. This solution empowers underwriters to maintain precise valuations without being affected by market fluctuations.

The company’s Indian subsidiary signs its first full-suite customer partnership in the region with HDFC ERGO

In a niche insurance market, Duck Creek helps Hagerty stand out as an innovator in delivering unique products and capabilities

Boston, June 08, 2023 (GLOBE NEWSWIRE) -- Duck Creek Technologies, the intelligent solutions provider defining the future of Property and Casualty (P&C) and general insurance, earns Luminary status in Celent’s 2023 North America and global reports, Insurer Stand-Alone Rating Engines. Duck Creek’s rating solutions have been recognized in the report’s highest-ranking category for advanced technology and breadth of functionality.

Boston, May 30, 2023 (GLOBE NEWSWIRE) -- Duck Creek Technologies, the intelligent solutions provider defining the future of Property and Casualty (P&C) and general insurance, today announces the addition of Chris McCloskey to its leadership team as Chief Operating Officer. McCloskey will be instrumental in driving key strategy, operational and transformation initiatives across the entire business, particularly within our customer and professional services organizations.

The delivery of a record-breaking, full end-to-end small and medium-sized enterprises commercial line in under 60 days for Argyle Insurance was enabled by remarkable teamwork and technology

From 35 entrants, finalists Coforge, Value Momentum, and Xceedance engaged in a “battle of the bots” to demonstrate their innovation potential to the insurance industry

Duck Creek Technologies launches the second edition of the Global Consumer Insurance Insights survey of over 2,000 global consumers, aimed at refining the strategies that bring insurers closer to consumers worldwide

Boston, April 26, 2023 (GLOBE NEWSWIRE) -- Duck Creek Technologies, the intelligent solutions provider defining the future of property and casualty (P&C) and general insurance, announces today that it has been selected by Silicon Valley telematics startup, Novo Insurance, as its technology platform of choice for policy, billing, insights, and data hub solutions. Duck Creek OnDemand enables Novo Insurance to bring its auto insurance products to market more quickly using its low-code and configurable open architecture platform.

The world’s leading insurance industry and technology minds gather in Orlando, FL, May 8-10, 2023

Boston, April 10, 2023 (GLOBE NEWSWIRE) -- Duck Creek Technologies, the intelligent solutions provider defining the future of property and casualty (P&C) and general insurance, is honored to be ranked a Dominant Provider in Aite-Novarica’s P/C Policy Administration Systems Impact Report, indicating strong market position and momentum. Aite-Novarica is a leading analyst research firm and provides this report to assist P&C insurers in drawing up their short lists of potential providers based on vendor market position and offering details.

Boston, April 05, 2023 (GLOBE NEWSWIRE) -- Duck Creek Technologies, the intelligent solutions provider defining the future of property and casualty (P&C) and general insurance, is excited to announce that Andy Yohn, VP of Product Strategy and co-founder of Duck Creek, will be presenting with Verisk at the 2023 Verisk Insurance Conference in Scottsdale, AZ from April 11–14, 2023.

Boston, April 03, 2023 (GLOBE NEWSWIRE) -- Duck Creek Technologies, the intelligent solutions provider defining the future of property and casualty (P&C) and general insurance, will host the One Duck Creek Summit, April 4-6, 2023, in Boston, Massachusetts, bringing leaders together to focus on connection, culture and community. The global attendees are credited for leading the various critical initiatives and programs that make Duck Creek a culture champion in the insurance and technology industries.

Boston, March 30, 2023 (GLOBE NEWSWIRE) -- Duck Creek Technologies (“Duck Creek”), the intelligent solutions provider defining the future of property and casualty (P&C) and general insurance, today announced the completion of its acquisition by Vista Equity Partners (“Vista”), a leading global investment firm focused exclusively on enterprise software, data, and technology-enabled businesses, for $19.00 per share, in an all-cash transaction valued at approximately $2.6 billion.

Ebeling will discuss pushing the bar and making the inconceivable, the unbelievable and the impossible, not impossible

In its highest-ranking category, Celent names Duck Creek Policy a Luminary in the analyst firm’s most recent Technical Capabilities Matrix

Duck Creek and Quadient are committed to cultivating a partner ecosystem that provides insurance carriers with the best-in-class technology

The Non-standard Auto Insurer will utilize Duck Creek’s technology across all of its states

Boston, Feb. 16, 2023 (GLOBE NEWSWIRE) -- Duck Creek Technologies (NASDAQDCT), the intelligent solutions provider defining the future of property and casualty (P&C) insurance, is pleased to be a sponsor of Quadient’s annual user conference, Inspire Days, in Orlando Florida from February 22-24, 2023. Quadient (Euronext Paris: QDT) is a leader in helping businesses create meaningful customer connections through digital and physical channels and a strategic partner to Duck Creek.

Transaction Is Expected to Close in First Half of 2023

Boston, Feb. 06, 2023 (GLOBE NEWSWIRE) -- Duck Creek Technologies (NASDAQDCT), the intelligent solutions provider defining the future of property and casualty (P&C) insurance, is pleased to announce its platinum sponsorship of the Verisk ELEVATE 2023 conference for insurance claims professionals. The insurtech will be highlighting its modern and multi-tenant claims solutions along with its many integrations to Verisk solutions, including those with Verisk’s Property Estimating Solutions, at the event’s Solutions Gallery from February 7–8, 2023, in Salt Lake City, Utah.

Integration offers Duck Creek customers seamless access to CCC’s solutions, driving further automation, insurer efficiency, and seamless claims resolution for policyholders

The insurtech is named winner of the 2023 5-Star Diversity, Equity, and Inclusion award

Boston, Jan. 12, 2023 (GLOBE NEWSWIRE) -- Duck Creek Technologies (NASDAQDCT), the intelligent solutions provider defining the future of property and casualty (P&C) insurance, is pleased to be a sponsor of CoreLogic’s INTRCONNECT event that begins on January 17 through January 20, 2023, in Los Angeles, California.

Duck Creek shareholders to receive $19.00 per share in cashDeal price represents a 64% premium to the 30-day VWAPDuck Creek to become a privately held company upon completion of the transaction

BOSTON, Jan. 05, 2023 (GLOBE NEWSWIRE) -- Duck Creek Technologies (NASDAQDCT), the intelligent SaaS solutions provider defining the future of property and casualty (“P&C”) insurance, today announced its financial results for the first quarter ended November 30, 2022.

Strategic acquisition will add digital, out-of-the box payments capabilities to Duck Creek’s comprehensive suite of SaaS solutions for P&C and general insurers

BOSTON, Dec. 15, 2022 (GLOBE NEWSWIRE) -- Duck Creek Technologies, Inc. (NASDAQDCT) (“Duck Creek”), the intelligent solutions provider defining the future of property and casualty (P&C) insurance, announced today it will release its financial results for the first quarter of fiscal 2023, ended November 30, 2022, after the U.S. financial markets close on Thursday, January 5, 2023.

Feature-rich Duck Creek Integration now available for Copart Assignment Processing Service

Boston, Nov. 10, 2022 (GLOBE NEWSWIRE) -- Duck Creek Technologies (NASDAQDCT), the intelligent solutions provider defining the future of property and casualty (P&C) insurance, is thrilled to announce that core solutions customer, Mutual Benefit Group, a longtime customer of the insurtech, has elected to utilize the cloud-based software-as-a-service (SaaS) solution Duck Creek Distribution Management to enhance agency management, data and compensation capabilities.

BOSTON, Nov. 08, 2022 (GLOBE NEWSWIRE) -- Duck Creek Technologies, Inc. (Nasdaq: DCT) (“Duck Creek”), the intelligent solutions provider defining the future of property and casualty (P&C) insurance, announced that its Chief Executive Officer, Michael Jackowski, and Chief Financial Officer, Kevin Rhodes, will present at the RBC Global Technology, Internet, Media and Telecommunications Conference in New York, NY.

Through the Duck Creek platform, the carrier can create a better customer experience

Duck Creek OnDemand enables Argyle to roll out its first product through brokers in Australia

An Integration with ExamWorks’ U.S. IME Division Enables Duck Creek Claims Users to Manage Their Independent Medical Examination Service Referral Requests