Major win for Duck Creek client comes as enterprise Software-as-a-Service firm bolsters effort and investment in the Canadian P&C insurance industry
Boston – June 21, 2018 – Duck Creek Technologies announced today that it is fortifying its commitment to the Canadian market as part of its global expansion strategy. The company is enjoying strong results from its efforts in the EMEA and APAC regions, and with yet another of its longtime Canadian customers, Northbridge, making headlines thanks to their use of Duck Creek solutions, the firm saw a strong opportunity to enhance its support for the needs of Canadian P&C insurers.
Recently, Duck Creek customer Northbridge Financial Corporation was honored with a 2018 Celent Model Insurer Award for Legacy and Ecosystem Transformation. Amid 132 total worldwide submissions, the insurer was chosen for an award in this category, which focuses on projects related to upgrading core systems, including policy administration, billing, claims, and rating/underwriting. To secure a win for Legacy and Ecosystem Transformation, a carrier must not only modernize, but also transform their internal systems and how they interact with customers, counterparties, and regulators.
Chris Harness, SVP of Solutions Delivery at Northbridge, was recently named to Duck Creek’s global Customer Advisory Board, a group of P&C insurance executives from leading carriers around the world whose input and collaboration play a significant role in shaping Duck Creek’s strategic product development roadmap. His experience and expertise in the specifics of Canadian insurance will be instrumental to Duck Creek as it pursues a larger presence in the region.
“It is always a great pleasure to help our customers grow and succeed through the use of our solutions,” said Michael Jackowski, CEO of Duck Creek. “Congratulations are in order for Northbridge in light of their Model Insurer Award win. Modernization projects are always rewarding in their own right, but to be recognized at such a high level for the quality of an undertaking of that magnitude is an amazing achievement.”
Duck Creek is actively investing in expanding its footprint in Canada, including product development specific to the systems, regulatory environments, and processes unique to the Canadian property and casualty industry. The company looks forward to welcoming many additional firms to their growing family of innovative Canadian insurers.
About Northbridge Financial:
Northbridge Financial is a leading commercial property and casualty insurance group that’s been helping to protect Canadian businesses for more than 90 years. They are 100% Canadian and wholly owned by Fairfax Financial Holdings Limited. The company offers a wide range of innovative solutions to Canadian businesses through their Northbridge Insurance, Federated Insurance and TruShield Insurance brands. Visit www.nbfc.com to learn more.
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. All of the company’s offerings are available standalone or as a full suite, and all are available via Duck Creek OnDemand, the provider’s SaaS solution for the P&C insurance industry. For more information, visit www.duckcreek.com.