On-time, on-budget implementation of Duck Creek Solutions through Hexaware’s digital transformation and cloud capabilities.
Mumbai, November 8, 2021 – Hexaware Technologies, a leading global IT consulting and digital solutions provider, announced today that it has partnered with Duck Creek Technologies (Nasdaq: DCT), a leading provider of SaaS insurance core systems, to drive digital transformation for insurers.
Hexaware aims to deliver this through its proprietary automation solutions and technology components that enable insurers to adopt Duck Creek solutions rapidly, increase release velocity, mitigate execution risk, and lower overall implementation costs.
“Leveraging an industry-leading platform such as Duck Creek not only helps digitally transform a business but also enables insurers to drive business agility by leveraging cloud, thereby building a nimble and agile organization. We look forward to working with Duck Creek as a Global Consulting Partner and serving the Duck Creek user community”, said Parameshwaran Iyer, Vice President and Insurance Operations Director for EMEA at Hexaware.
Kush Gupta, Vice President, Insurance Business, Hexaware Technologies added “North America and Europe are witnessing unprecedented adoption of insurance technology led by digital and cloud due to customer spending habits. Hexaware is a provider of digital services to insurers in the region and is excited to partner with Duck Creek to increase digital adoption and deliver differentiated product propositions in a highly dynamic and competitive marketplace.”
“Today’s consumers expect digital insurance solutions to be fully aligned with their mobile and connected lifestyles. P&C insurers aren’t competing only with other insurance providers, but also with companies that drive supreme customer experiences in consumers’ daily lives,” said Elizabeth Del Ferro, VP of Partner GTM at Duck Creek Technologies. “It has become critical for insurance products and solutions to be enabled with digital interconnectivity. With over 20 years of experience working with Tier I and Tier II P&C insurance carriers, Hexaware has developed a number of unique assets that empower insurers with ‘rate-of-change accelerators’, and we look forward to working together and further our mutual customers’ success.”
Hexaware is a global IT services company empowering businesses worldwide to realize digital transformation at scale and speed. Our three-pronged strategy of Automate Everything®, Cloudify Everything® and Transform Customer Experiences® endeavors to drive human-machine collaboration for solving complex business problems. We enable future-ready organizations and market leaders to create lasting business value by helping them offer touchless immersive customer experiences through full-cloud enablement, digital product engineering and extreme automation.
We serve customers in Banking, Financial Services, Capital Markets, Healthcare, Insurance, Manufacturing, Retail, Education, Telecom, Hi-Tech & Professional Services (Tax, Audit, Accounting and Legal), Travel, Transportation and Logistics. We deliver highly evolved services in Rapid Application prototyping, development and deployment; Build, Migrate and Run Cloud solutions; Automation-based Application support; Enterprise Solutions for digitizing the back-office; Customer Experience Transformation; Business Intelligence & Analytics; Digital Assurance (Testing); Infrastructure Management Services; and Business Process Services.
We believe technology is a magical thing, and our purpose is to create smiles through great people and technology. Headquartered in New Jersey for North America, London for Europe and Singapore for the Asia Pacific, Hexaware services customers in over two dozen languages from every major time and regulatory zone.
Learn more about Hexaware at https://www.hexaware.com. Take an immersive 360° virtual tour of our campuses worldwide at https://www.hexawareimmersive.com.
About Duck Creek Technologies
Duck Creek Technologies (Nasdaq: DCT) is a leading provider of core system solutions to the P&C and General insurance industry. By accessing Duck Creek OnDemand, the company’s enterprise Software-as-a-Service solution, insurance carriers are able to navigate uncertainty and capture market opportunities faster than their competitors. Duck Creek’s functionally-rich solutions are available on a standalone basis or as a full suite, and all are available via Duck Creek OnDemand. For more information, visit www.duckcreek.com.
Safe Harbor Statement:
Certain statements in this press release concerning our future growth prospects are forward-looking statements, which involve a number of risks, and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding fluctuations in earnings, our ability to manage growth, intense competition in IT services including those factors which may affect our cost advantage, wage increases in India, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks, our ability to successfully complete and integrate potential acquisitions, liability for damages on our service contracts, the success of the companies in which Hexaware has made strategic investments, withdrawal of governmental fiscal incentives, political instability, legal restrictions on raising capital or acquiring companies outside India, and unauthorized use of our intellectual property and general economic conditions affecting our industry.
For more information contact:
Hexaware Technologies Limited
Tel: +91 900 426 3405