Duck Creek's History

2005

• Duck Creek launches new brand
• Duck Creek completes an institutional financing led by Pequot Ventures
• Duck Creek embarks on its most significant research & development initiative to date, for new and expanded product offerings
• Duck Creek Technologies named by Inc. Magazine as one of America’s fastest growing private companies, landing at #63 on the 2005 Inc. 500 list

2004

• EXAMPLE Forms™ released
• EXAMPLE Platform® version 1.7 released, including an inheritance model for EXAMPLE Author®
• EXAMPLE Templates™ initial release
• First fiscal year of operational profitability

2003

• Initial release of EXAMPLE TransACT® (Policy Administration)
• First Annual Duck Creek User Flocking (60-plus attendees)
• First consecutive profitable quarters (3rd and 4th)
• Creation and implementation of Customer Advisory Board (CAB)

2002

• Initial release of EXAMPLE Express™ (Submission Management)
• Private investment by a partner insurance technology firm ($1,200,000)
• Establishment of sales office in Unionville, CT

2001

• Initial release of EXAMPLE Author® (Product Definition)
• Initial release of EXAMPLE Server® (Rating, Rules, and UI Server)
• First true sales to Chubb and RLI
• Expanded and formalized the employee ownership structure
• Initial private offering to individual investors ($900,000)

2000

• Founding of company in Bolivar, MO by seven AMS alumni
• Initial prototypes of EXAMPLE Author® and EXAMPLE Server®