Reinsurance News

Munich Re Specialty partners with Duck Creek on digital platform

27th May 2020 - Author: Matt Sheehan

Munich Re Specialty Group (MRSG), a division of global reinsurer Munich Re, has partnered with Duck Creek Technologies to develop a digital offering via the Duck Creek OnDemand platform.

handshakeOnDemand is Duck Creek’s end-to-end SaaS solution that provides services, support and computing resources for carriers.

The platform includes Duck Creek Policy, Duck Creek Billing, Duck Creek Claims, and Duck Creek Insights.

“The initiative is a key step forward in support of MRSI’s mission to provide exceptional service to  our partners, clients and customers,” said Adam Edelstein, Chief Operating Officer at MRSI.

“By enabling our underwriting, claims and operations teams, as well as our business partners, with the speed and efficiency delivered via Duck Creek OnDemand, MRSI is positioning itself for significant growth.”

“All insurers focus on speed-to-market as a differentiating factor,” added Andy Dey, Chief Product and Technology Officer at Duck Creek.

“But what MRSI has accomplished is truly unprecedented – they have built a fully-operational business offering from the ground up in less time than many insurers, still tied to legacy systems, take to make a small change to a single insurance product. Duck Creek is excited to support MRSI in this exciting endeavor and help them as their offerings grow and expand.”

Edelstein continued: “Service, speed and flexibility are at the core of our value proposition to the market and we needed a modern technology foundation to deliver on that.”

“Our partnership with Duck Creek enables us to offer our users a world-class experience on a scalable platform. We look forward to our continued partnership with Duck Creek as we build a premier platform for the future.”

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