Governance You Can Trust: Responsible Artificial Intelligence with Duck Creek
Insurance Software as-a-Service (“SaaS”)
With rising regulatory scrutiny, reputational risk, and the complexity of business decisions, insurers need more than Artificial Intelligence (AI) innovation; they need information on the responsible development and use of AI. Duck Creek Technologies (Duck Creek) understands the concerns with technology innovation and AI. Duck Creek has spent decades building technology specifically for insurers. Duck Creek’s responsible AI commitments are grounded in global best practices for SaaS providers and are developed with the insurance industry in mind.
Governance and Oversight
Duck Creek knows that responsible AI development takes more than technology; it takes leadership, expertise, and oversight. That’s why we have assembled a cross-functional AI Innovation & Governance Council to guide our strategy, support ethical use, and deliver real value to Duck Creek customers.
The Duck Creek AI Innovation & Governance Council defines and enforces clear roles and responsibilities for AI initiatives. The Council:
- Conducts risk and impact assessments for new and existing AI use cases.
- Stays abreast of evolving regulatory, legal, and ethical standards applicable to Duck Creek as a SaaS provider in the IT services industry.
- Reviews sensitive use cases, especially those involving underwriting, claims, and the processing of personal data.
Enabling Responsible AI for Duck Creek Customers
Duck Creek knows that AI must work within the realities of our customers’ business and industry—regulated, complex, and constantly evolving. That is why everything we build allows for responsible AI development to be implemented from the ground up. This includes practical integration, configurability, and verifiable controls within an Insurtech environment.
Duck Creek Intelligence aims to enable Duck Creek customers to:
- Easily incorporate AI into their business processes.
- Maintain “human in the loop” capability by monitoring, reviewing, and validating outputs.
- Train and fine tune models useful for each Duck Creek customer’s unique business and compliance needs.
Compliance and Industry Engagement – Worldwide
As a global SaaS company focused on the insurance industry, Duck Creek is prepared to assist its customers in complying with their AI-specific regulatory requirements.
Duck Creek maintains robust security and compliance standards by monitoring global regulations that are applicable to providing SaaS solutions in the IT services industry. Duck Creek customers can be comfortable that Duck Creek is an established and responsible SaaS provider.
AI at Duck Creek-Learn More
Duck Creek’s AI capabilities are built with strong ethical standards, transparency, and domain expertise. Our responsible approach to AI provides Duck Creek customers with intelligent automation that is safe, explainable, and under the customer’s control.
For more information, AI Governance Statement.
Please email Duck Creek Technologies at ai@duckcreek.com if you have any AI governance-related questions.
Frequently Asked Questions
- Enhance decision making
- Predict and reduce churn
- Automate workflows to improve efficiency
- Personalize customer experience
- Maintain control and flexibility
- Promote responsible innovation
- Protect customer data
- Stay ahead of regulations
- Own your data
- Industry expertise built in
Oversight is managed by the AI Innovation & Governance Council, a group made up of leaders across human resources, security, technology, compliance, and legal. This council reviews AI initiatives for compliance with our responsible AI approach.
Yes, Duck Creek customer data in production is owned by the customer.
Yes. Currently, Duck Creek AI products allow each customer to configure, manage, and monitor their AI workflows. Duck Creek customers control when SaaS AI functionality is available for use in their daily workflows.
Compliance with applicable laws and regulatory obligations are a priority for Duck Creek. This is reflected in the development of Duck Creek internal policies, processes, and the responsible AI approach. The Duck Creek responsible AI approach aims to provide transparency to Duck Creek customers and requires that Duck Creek implement internal controls that provide guidance for Duck Creek’s ethical and unbiased development of AI products.
