Enriched Platform Creates Open Environment Giving P&C Insurers Access to Real-Time Data to Drive Business Decisions In the Expanding Insurance Technology Ecosystem
LAS VEGAS–(BUSINESS WIRE)–Today at InsureTech Connect 2017, Duck Creek Technologies announced an extension of Duck Creek OnDemand, the industry’s leading cloud-based solution for Core Systems, to include Duck Creek Anywhere Enabled Solutions and Managed Services. These pre-built integrations provide a model for P&C carriers to quickly access leading data and service capabilities to be more competitive in writing and serving policies in the digital age. Today’s launch includes eight partners and 18 integrations built on the Duck Creek Anywhere API and Connector toolset and available as-a-service via Duck Creek OnDemand.
The insurance industry is rapidly changing, and leading carriers are seeking ways to leverage new capabilities to bring products to market faster, deliver improved customer experiences and reduce operational costs. The new integrations in Duck Creek OnDemand enable carriers to meet today’s challenge and provide a model for integration with the wider ecosystem.
The integrations were delivered as part of the Duck Creek Anywhere strategy to build an open ecosystem based on a robust set of Anywhere RESTful APIs and Anywhere Connectors for integration to the Duck Creek Platform.
“With a continued focus on the ever-changing needs of our clients and the industry, integration with Duck Creek OnDemand allows us to be more competitive in the marketplace,” said Abe Badani, President and CEO of Anchor General. “Partnering with Duck Creek gives us simple and secure access to a wide range of applications, updates and infrastructure to make better decisions for our policyholders and plan for our digital future.”
Available today are Anywhere Managed Integrations that connect to LexisNexis Risk Solutions, Verisk, Pitney Bowes, and AssureSign. Capabilities provided include address validation, geo-coding, auto information, e-signatures, claims OFAC checking, credit scores, loss data, policy prefill, and other services. Beyond typical vendor integrations, these Anywhere Managed Services include full lifecycle support, including initial set up and ongoing maintenance backed by SLAs. Anywhere Managed Services can be enabled via a turn-key reseller agreement or as a pass-through processor agreement.
A set of new Anywhere Enabled solutions are also available. These solution partners are working with Duck Creek Anywhere to provide carriers with enhanced capabilities that extend and complement the Duck Creek solution set. These partners include:
- Clyde Analytics – Advanced analytics and out of the box algorithms, carriers are able to make smarter decisions and deliver better products and services.
- OnBase – Integrated enterprise information management capabilities that help reduce costs and speed carriers toward digital transformation.
- Accenture Digital Insurance Solutions Center: As announced today, integration with Accenture Analytics, IOT, and blockchain POC enable carriers to build a genuine path to the future.
“The way Duck Creek and OnBase complement one another, and how the two solutions together deliver greater value to P&C carriers, is exciting,” said Bill Priemer, President and CEO of Hyland. “I’m also excited to see how that business value grows and evolves as we continue to partner with Duck Creek to help customers further their digital transformation goals.”
“We are committed to delivering an open platform that is complemented by real-time integrations that create a more open and connected world for carriers,” said Patti Griffin, Chief Product Officer of Duck Creek Technologies. “We are proud to bring this extension of the Duck Creek ecosystem to market and look forward to the continued growth and development of Duck Creek OnDemand, our fully managed cloud service.”
To experience Duck Creek OnDemand, visit booth 518 at InsureTech Connect 2017 in Las Vegas October 3-4, 2017. For more information, visit /core/suite/integration/.
About Duck Creek Technologies
Duck Creek Technologies paves a genuine path to the future for P&C insurance companies. Decades of insurance experience underpin advanced technologies specifically designed to accommodate change—allowing carriers to navigate uncertainty and capture market opportunities faster than their competitors. Duck Creek solutions are available standalone or as a full suite. All are cloud-ready. For more information, visit www.duckcreek.com.
