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Accenture Unveils Comprehensive Integrated Property and Casualty Software Suite

Integrated P&C suite helps carriers improve accuracy of claim handling and underwriting process, reduce implementation time and risk

NEW YORK; Nov 3, 2011 – Accenture (NYSE: ACN) has unveiled its integrated Property and Casualty (P&C) software suite to create one of the most comprehensive platforms available in the industry. The integrated suite brings together Accenture Claim Components and Accenture Duck Creek’s policy software, including the industry-leading rating and product configuration components.

The software enables insurers of all sizes to benefit from a flexible suite of P&C interoperable software modules to configure products, transact lines of business and process claims. Accenture’s integrated P&C software, based on a Microsoft .NET platform, enables insurers to reduce their implementation time and risk, and improve the accuracy of their claims handling and underwriting based upon more seamless information technology systems.

“The integration of our P&C software offers greater flexibility to our clients by providing a suite of software with modules that can be implemented individually or as part of a broader migration strategy,” said Michael A. Jackowski, global managing director of Accenture Software for P&C Insurance. “The Accenture P&C software suite is quickly evolving to bring the power of an integrated enterprise solution and the agility and scalable technology that will enable our customers to be successful in the marketplace.”

Accenture’s integrated P&C software suite includes policy administration, claims, and billing applications, delivering full-featured solutions for the three essential operations required by P&C insurance carriers. Other components of Accenture’s end-to-end P&C suite include rating, rules, product definition and configuration as well as product templates and sales enablement tools. Accenture’s vision is to provide insurers of all sizes a robust software platform – with multiple delivery models – capable of effectively supporting today’s demands yet flexible enough to meet the evolving needs of the market.

“The speed at which we’ve completed the integration confirms the benefits of our acquisition of Duck Creek and is a testament to the common architecture of our solutions,” said Colin Davies, managing director of Accenture Software. “It is a great accomplishment by our combined development and product management teams, and we will continue to enhance the suite and the richness of the functionality over the coming months.”

About Accenture
Accenture is a global management consulting, technology services and outsourcing company, with approximately 236,000 people serving clients in more than 120 countries. Combining unparalleled experience, comprehensive capabilities across all industries and business functions, and extensive research on the world’s most successful companies, Accenture collaborates with clients to help them become high-performance businesses and governments. The company generated net revenues of US$25.5 billion for the fiscal year ended Aug. 31, 2011. Its home page is www.accenture.com.

Accenture Software combines deep technology acumen with industry knowledge to develop differentiated software products. It offers innovative software-based solutions to enable organizations to meet their business goals and achieve high performance. Its home page is www.accenture.com/software.

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Contacts :

Francois Luu
Accenture
+33 6 60 53 84 28
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Peter Soh
Accenture
+1 703-947-2571
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American Safety Goes Live with New Insurance Processing System Using Accenture Duck Creek Software

Insurer employs Accenture Duck Creek Policy Administration and Accenture Duck Creek Rating to process specialty lines

NEW YORK; Oct. 31, 2011 – Accenture (NYSE: ACN) announced today that American Safety Administrative Services Inc. (American Safety) is now in production and processing casualty risk policies, using a newly deployed Accenture Duck Creek software platform. The policies are issued by American Safety’s affiliated insurer, American Safety Indemnity Company, and employs Accenture Duck Creek Policy Administration and the Accenture Duck Creek Rating – part of Accenture’s industry-leading Property & Casualty (P&C) software suite.

Accenture to Expand Property and Casualty (P&C) Insurance Software Capabilities with Acquisition of Duck Creek Technologies

Following acquisition, Accenture will offer a comprehensive, industry-leading P&C software platform 

NEW YORK; July 14, 2011 – Accenture (NYSE:ACN) has entered into an agreement to acquire Duck Creek Technologies, a privately held company that specializes in software solutions for the property and casualty (P&C) insurance industry.

Upon closing, the acquisition will strengthen Accenture’s capabilities to support P&C insurers of all sizes. It will enhance Accenture’s ability to help insurers react faster to changing market conditions, quickly launch products that match consumers’ evolving needs, and improve customer satisfaction, while reducing operating costs. Terms of the transaction, which is expected to close within the next 30 days, were not disclosed. 

The acquisition will complement Accenture Software’s existing P&C, component-based software platforms and will give Accenture an industry-leading suite of software with one of the most comprehensive spectrums of processing capabilities for the P&C insurance market — from product configuration and definition to policy management, including underwriting, billing, rating, ISO-based products support and claims management. 

Gateway Insurance Company Goes Into Production with Duck Creek Policy Administration™

Company processing Commercial Automobile, Workers Compensation, General Liability and Inland Marine.

BOLIVAR MO—July 12, 2011 /PR Newswire/ -- Duck Creek Technologies, Inc., a provider of innovative software and services for the insurance industry, announced today that Gateway Insurance Company is in production and processing General Liability, Commercial Property, Commercial Automobile, and Workers Compensation policies on the Duck Creek Policy Administration™ system. Gateway is headquartered in St. Louis, MO and has been providing insurance coverage since 1946. They are an admitted carrier in 44 states plus the District of Columbia.

Gateway chose Duck Creek because of the flexibility of its technology, which will enable them to rapidly develop and adapt insurance products to a constantly changing marketplace. They licensed Duck Creek’s ISO-based templates for Commercial Auto, Inland Marine, and General Liability, in addition to licensing the NCCI-based templates for Workers Compensation.