Bart Patrick, Managing Director of Duck Creek Technologies Europe, shines the spotlight on simplifying insurance technology on the Insurance Innovators Unscripted Podcast with Abel Travis
“When you look at the cost of infrastructure change in insurance, it is scandalous!… Insurers don’t want to be held to ransom over upgrades.” So said Bart Patrick, Managing Director, Duck Creek Technologies Europe, who was interviewed by Abel Travis for the popular Insurance Innovators Unscripted podcast.
“Insurance has been around for a long time and hence there’s a lot of technology in there, some of it old and some of it new. We see our job as twofold, firstly we help to simplify the layer upon layer of loosely tied together systems that currently dominate insurance. Secondly, we help insurers reduce their overall cost of operating.
We’ve created an open platform that makes it easier to change products, change pricing and deliver the best to insurers whichever channel they want to come through – we’ve created an open, modern system and that’s driven us down the route to developing software-as-a-service with Duck Creek OnDemand.”
On this episode of the Insurance Innovators Unscripted Podcast, Abel and Bart discuss:
- On-demand software-as-a-service
- Driving out cost inefficiency from core infrastructure
- Finding technology fit for your company
- Collaborating on non competitive advantage business
- Consuming third-party data within core infrastructure
- Liberty Mutual and Duck Creek Technologies’ partnership
- Reconsidering fundamental product design
Huge thanks to Abel Travis and the Insurance Innovators team – you can listen to the full Insurance Innovators Unscripted Podcast here.