News | August 14, 2009

Duck Creek Introduces New Version Of Policy Administration Solution

Version 4.0 offers increased functionality providing P&C carriers a way to further streamline processes

Bolivar, MO /PRNewswire/ -- Duck Creek Technologies, Inc., a leading provider of software and service solutions for the insurance industry, announces the availability of its version 4.0, Duck Creek Policy Administration (TM) solution; a browser-based system that supports Property and Casualty (P&C) insurance products, including personal, specialty, and commercial. This new release includes an infrastructure upgrade that delivers a broader functionality which enables carriers to continually enhance their policy management processes.

Version 4.0 uses an improved data model that makes security administration easier for both users and entities, and improves data accessibility. A more robust and enhanced user interface (UI) has been incorporated-utilizing new customizable dashboards, giving users a friendly, modern look and feel, coupled with improving workflow efficiencies. The new dashboard and task system improves the ability to process business and increases operational efficiencies, providing carriers a competitive advantage. Consumers can control their purchasing experience and carriers can reach new business opportunities using improved self-service features in version 4.0.

Within this new release, Duck Creek's EXAMPLE Author(R) tool has migrated to a .net version giving it a new remodeled look and performance. The tool has been supplemented with the addition of a new feature--an update adoption utility tool, that will help carriers streamline their bureau content adoption processes.

Duck Creek's CEO, Steve Hall noted, "It's important for Duck Creek to continue pushing boundaries and providing our clients and partners with innovation and technology of the future. Release 4.0 delivers an efficient, fast and universal scalable technology for the P&C insurance market. It reflects our effort to accelerate R&D efforts to prepare for the nation`s economic rebound. The motivation behind Release 4.0 was to enable cost savings, deliver business benefits to our customers in the area of usability, and provide integration for carriers with their agents, partners and consumers. Technology is only as good as the quantifiable results it produces. Our ability to help carriers increase premiums, drive agent recruitment through the popularity of our solution, and produce savings for distributors and agents continues to drive the momentum behind our products and speaks to the value of straight-through processing."

About Duck Creek Technologies(R)
Duck Creek Technologies, Inc. is a leading provider of software and services to the insurance industry, providing next-generation policy administration, product configuration and definition, billing, and rating for the Property & Casualty and Healthcare insurance markets. Duck Creek is dedicated to enabling customers to develop insurance products and to sell and service those products in their chosen markets with unprecedented speed to market, flexibility, reach and quality. Founded in 2000, Duck Creek is headquartered in Bolivar, Missouri, and has multiple offices within the United States, with its affiliate and licensing partner in Europe, the Middle East and Africa, Duck Creek Technologies Europe Ltd., headquartered in London. For more information, visit www.duckcreektech.com or call 866-382-5832.

SOURCE Duck Creek Technologies, Inc.