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Duck Creek Congratulates Mutual Benefit Group on Being Named in Celent’s “Model Carrier 2007” Report

Mutual Benefit recognized for online quoting initiative utilizing Duck Creek’s EXAMPLE Platform

Bolivar, MO, February 27, 2007 - Duck Creek Technologies today announced that Celent, LLC, a leading research and advisory firm focused on insurance technology strategy, has included Duck Creek’s client, Mutual Benefit Group, in the Celent Model Carrier 2007: Case Studies in Effective Use of Technology in Insurance. Mutual Benefit was named in the report as a “Model Carrier Component” in Distribution: Agent Portal.

Matthew Josefowicz, manager of Celent’s insurance practice and lead author of the report, commented, “Mutual Benefit has been recognized in the Celent report for its online quoting for agents in personal auto which utilizes Duck Creek Technologies’ EXAMPLE Platform®.”

Josefowicz continued, “In addition to reducing turn-around time from six days to less than one on new business, other outstanding results include improved agent satisfaction and improved hit ratio to over 20%. Reusing web services created in this project have reduced Mutual Benefit’s development time on subsequent projects by approximately 40% and reduced user testing time by approximately 60%.”

Duck Creek’s CEO, Doug Roller, said, “We congratulate Mutual Benefit Group on this well deserved recognition for its online quoting initiative, and we are extremely proud that Duck Creek was able to play a role in this effort. We look forward to our continuing effort with Mutual Benefit and helping them derive maximum value from their Duck Creek solution.”

Mutual Benefit is using the EXAMPLE Platform to implement online quoting, full policy issuance, and policy administration.

About Mutual Benefit Group

A regional property and casualty insurance firm with home offices in Huntingdon, Pennsylvania, Mutual Benefit Group serves 77,000 policyholders through 250 independent insurance agents in Pennsylvania and Maryland. MBG offers a full range of coverage for personal auto, home, and business through its member companies, Mutual Benefit Insurance Company and Select Risk Insurance Company. Founded 99 years ago as a two-man operation, MBG has grown to employ over 200 people, building a reputation for providing service with a friendly, personal touch. For more information visit www.mutualbenefitgroup.com.

About the Celent Report

The Celent Model Carrier 2007: Case Studies in Effective Use of Technology in Insurance report which was presented at Celent’s inaugural Model Carrier Summit in New York on January 16, 2007, contained case studies of 40 technology initiatives and practices across most functional areas of insurance. “Model Carrier Components” are presented as components of a composite insurer’s insurance IT systems and practices that help insurers improve performance, meet market demand, and operate efficiently. Nominations were solicited from over 100 insurers in the US and internationally with the Model Carrier Components selected by Celent’s team of insurance analysts.

More information about Celent's Model Carrier research is available online at www.celent.com/modelcarrier.asp.

About Duck Creek Technologies

Duck Creek Technologies is a software and services company that is changing the rules of the insurance business by accelerating the ability to achieve the industry vision of “Product in a Day.” The EXAMPLE Platform® enables insurance carriers to rapidly define, develop, deploy, and manage their insurance products and services – for any line of business. Duck Creek’s customers use the Platform’s flexible Service-Oriented Architecture for product definition, rating and underwriting, submission processing, policy administration, and legacy migration.

Duck Creek is one of America’s fastest growing private companies, appearing on the Inc. Magazine “Inc. 500” list for the past two consecutive years. Founded in 2000, the company is headquartered in Bolivar, Missouri, and has offices in Farmington, Connecticut, and Columbia, South Carolina.

For more information, visit http://www.duckcreektech.com or call 800-889-8401.

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