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Home News & Media Press Releases Duck Creek Technologies Receives "Positive" Rating from Gartner

Duck Creek Technologies Receives "Positive" Rating in Leading Analyst Firm's MarketScope for North American Property and Casualty Insurance Policy Administration Systems

Bolivar, MO, 4/10/09 - Duck Creek Technologies, a leading provider of insurance solutions, today announced that Duck Creek Technologies received a Positive rating in Gartner's report entitled "MarketScope for North American Property and Casualty Insurance Policy Administration Systems." (1)

Gartner's MarketScope for North American Property and Casualty Insurance Policy Administration Systems provides a comparative evaluation of seven policy administration systems that support the end-to-end policy administration transactions (starting with quoting, and finishing with statistical generation) for Tier 1, Tier 2 and Tier 3 P&C insurers in North America. This MarketScope includes only policy administration systems that offer easily decoupled components (that can be sold as stand-alone products), have at least five policy administration clients in production in North America and are gaining interest among the Gartner customer base.

"We believe Gartner's ‘Positive' rating of the Duck Creek Policy Administration solution is further validation of our market leadership and evidence of our ongoing commitment to provide our clients with the highest quality software solution to help them meet and exceed their business objectives," said Steve Hall, CEO of Duck Creek Technologies. "We encourage feedback and suggestions from our client family to help us set the direction of our products and ongoing enhancements. We appreciate their participation and guidance as we continue to innovate and enhance our portfolio of solutions."

Duck Creek's Policy Administration solution is available as a complete policy administration suite or as modular components depending upon each client's specifics needs. The solution is built on a technology platform that provides Duck Creek clients the flexibility to manage products across multiple business lines including personal, commercial or specialty. Key capabilities of the Duck Creek Policy Administration solution include:

  • Support for any channel model (e.g., agent, direct, partner, etc.)
  • Support for all transaction types (out of sequence, audit processing, forms)
  • Flexible binding and policy issuance
  • Automated underwriting and submission management
  • Customized user interfaces
  • Automated "batch processing"
  • Prebuilt out-of-the-box ISO templates for Commercial Package Policies

About Duck Creek Technologies
Duck Creek Technologies, Inc. is a leading provider of software and services to the insurance industry, providing next-generation policy administration, sales automation, product definition & configuration, 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.

Gartner Disclaimer:
The MarketScope is copyrighted 2009 by Gartner, Inc. and is reused with permission. The MarketScope is an evaluation of a marketplace at and for a specific time period. It depicts Gartner's analysis of how certain vendors' measure against criteria for that marketplace, as defined by Gartner. Gartner does not endorse any vendor, product or service depicted in the MarketScope, and does not advise technology users to select only those vendors with the highest rating. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

1) Gartner "MarketScope for North America Property and Casualty Insurance Policy Administration Systems" by Stephen Forte, 3/30/09.

Source: Duck Creek Technologies

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