Reinsurance News
Duck Creek Technologies
Net loss of $5.8mn for Duck Creek in Q3 results
30th June 2022
P&C solutions provider, Duck Creek Technologies has announced its Q3 results, which show a net loss of $5.8mn compared to a loss of $0.4mn in the same period last year. Duck Creek’s GAAP loss from operations was $4.7mn for Q3, compared to the $0.5mn loss for Q3 of 2021. While the GAAP ... Read the full article
Duck Creek Technologies providing cloud-based SaaS solution in Microsoft Azure Marketplace
8th June 2022
Duck Creek Technologies, a provider of SaaS-delivered software to the property and casualty (P&C) arena, has announced the availability of its cloud-based software-as-a-service (SaaS) solution - Duck Creek OnDemand, in the Microsoft Azure Marketplace. In a press release, Duck Creek Technologies stated that P&C insurance carrier with an existing Microsoft Azure ... Read the full article
Akur8 & Duck Creek to offer fully integrated SaaS platform for P&C carriers
7th June 2022
AI-driven pricing insurance company, Akur8, has announced that it has partnered with Duck Creek Technologies – a leading provider of software-as-a-service (SaaS) insurance core systems. The partnership between the two companies will offer property & casualty (P&C) insurance carriers a fully integrated SaaS platform that will streamline and empower insurers’ rate-making ... Read the full article
Duck Creek names Jess Keeney as Chief Product Officer
13th April 2022
P&C insurance software provider, Duck Creek Technologies has announced that Jess Keeney has been appointed to its leadership team as Chief Product Officer. Within her role, Keeney will lead Duck Creek’s product vision to drive value for customers, partners and system integrators. Keeney joins Duck Creek with 15 years of experience delivering ... Read the full article
Duck Creek names Shreyas Vasanthkumar as Managing Director
31st March 2022
Duck Creek Technologies has appointed Shreyas Vasanthkumar as Managing Director, Europe, the Middle East and Africa (EMEA), where he will be responsible for driving profitable growth across Duck Creek Technologies’ EMEA operations, as well as investment in key global accounts headquartered regionally. Vasanthkumar joins Duck Creek from Hexaware Technologies where he was ... Read the full article
Duck Creek and CoreLogic expand partnership
4th March 2022
P&C insurance software provider, Duck Creek Technologies has expanded its collaboration with CoreLogic, a provider of property intelligence solutions, to help connect critical touchpoints for an improved underwriting experience. The growing relationship enables customers to obtain a deeper level of business intelligence, one where decisions can be made in real-time. Duck Creek ... Read the full article
Duck Creek partners with motor startup Adiona
4th January 2022
Duck Creek Technologies has partnered with newly launched UK insurtech motor insurer, Adiona. The partnership was created to offer insurance policies with premiums built on data and telematics, artificial intelligence and machine learning that provide pricing based on the driving habits of each insured customer. Having launched in September, Adiona is a ... Read the full article
UPC Insurance partners with Mindtree & Duck Creek
27th April 2021
UPC Insurance has partnered with technology services company Mindtree and core system solutions provider Duck Creek Technologies on the implementation of SaaS-based systems to improve customer experience and claims efficiency. This includes policy, billing, claims, data insights, and insurance technology solutions as well as the consolidation of multiple applications on a ... Read the full article
Munich Re Specialty partners with Duck Creek on digital platform
27th May 2020
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. OnDemand 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 ... Read the full article
Four investment firms inject $120 million into Duck Creek
9th December 2019
Duck Creek Technologies, a provider of SaaS-delivered software to the property and casualty (P&C) arena, has announced an investment of $120 million from Dragoneer Investment Group, funds advised by Neuberger Berman, Insight Partners, and Temasek. Established in 2016 as a new and independent firm after funds advised by Apax Partners acquired ... Read the full article
Duck Creek partnership targets telematic solutions for P&C insurers
15th November 2019
Duck Creek Technologies, a global provider of P&C industry insurance software, is partnering with mobile telematics and analytics firm Cambridge Mobile Telematics. The partnership is aimed at allowing Duck Creek’s customers to rapidly deploy mobile telematics-based business strategies into their business. Insurers will be able to create connected insurance business models such ... Read the full article
Duck Creek Technologies adds reinsurance management service for carriers
12th June 2019
Duck Creek Technologies, a global provider of P&C industry insurance software, has added a new reinsurance management function to its suite of services for primary insurance carriers. The service, called Duck Creek Reinsurance Management, allows carriers to manage reinsurance partners contracts, bills, recoveries and payables. It also supports all reinsurance structures, automates ... Read the full article
Westfield first re/insurer to adopt new Verisk and Duck Creek integration
3rd May 2018
Westfield has become the first re/insurer to take advantage of a new integration developed by Verisk and Duck Creek Technologies, which significantly simplifies the implementation of data and analytics for commercial lines underwriters. The new technology will connect Verisk’s commercial lines underwriting information through Duck Creek Anywhere Managed Integrations, a subscription-based ... Read the full article
Duck Creek & DataCede partner on P&C sector reinsurance admin solution
20th July 2017
Global provider of P&C industry insurance software, Duck Creek Technologies, has partnered with provider of reinsurance sector solutions, DataCede, to offer reinsurance administration solution to P&C insurers. The partnership sees Duck Creek expand its Global Alliance Program via the utilisation of DataCede's cloud-based CedeRight reinsurance solution, which automates processing and administration ... Read the full article
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