Duck Creek Technologies

Duck Creek Technologies

Press Release

Duck Creek Technologies’ EXAMPLE Platform® Selected by American Reliable Insurance Company

American Reliable to replace their legacy policy processing environment with Duck Creek’s Web-based XML solution

Bolivar, MO, May 11, 2004 – Duck Creek Technologies, Inc., a provider of product management software and services to the insurance industry, today announced that American Reliable Insurance Company, part of Assurant Solutions, has selected Duck Creek’s EXAMPLE Platform® Product Suite. Duck Creek software products selected include: EXAMPLE Author®, EXAMPLE Server®, EXAMPLE Express®, EXAMPLE TransACT®, and EXAMPLE Forms™.

Steven Addair, American Reliable’s Vice President of Information Technology noted, “We were looking to replace our legacy environment with a ‘best-of-breed’ XML solution. Duck Creek's XML technology allows us the ability to quickly integrate our best-of-breed system solution while exposing our back-end functionality to the Internet via Web Services.” Addair continued, “Duck Creek's rules-based technology provides us with the ability to get new products out to market much faster than before, and to make necessary rate adjustments as fast as they are needed. We knew Duck Creek had excellent rating capabilities, and we later learned of the power of their policy administration services.”

John Roller, Chief Operating Officer of Duck Creek, added “We are pleased to welcome American Reliable to our growing list of Duck Creek clients. During our Proof of Concept process, their business sponsor built one of their products after only a short training period. We are comfortable that the Duck Creek Platform is a great fit for American Reliable, and that our team will contribute to their success.”

About American Reliable Insurance Company

American Reliable Insurance Company, an Assurant Solutions company, offers specialty personal lines and farm owners’ coverage through independent agents throughout the United States. It also is among the top servicers of the Federal Flood Insurance Program. Established in 1952, American Reliable is rated “A-“(Excellent) for financial strength by A.M. Best Co.,* the world's oldest and most authoritative insurance rating source. American Reliable is domiciled in Arizona.

Assurant Solutions companies develop, underwrite and market specialty insurance, extended service contracts and other risk management programs in collaborative relationships with leading financial institutions, retailers, manufactured housing and automobile dealers, utilities and other entities. They serve clients and their customers throughout North America, the Caribbean and selected countries in South America and Europe.

*A.M. Best Co. ratings range from A++ to F. The A.M. Best Co. neither endorses nor is affiliated with American Reliable Insurance Company.

About Duck Creek

Duck Creek Technologies enables insurance carriers and other participants in the insurance distribution process to define and develop rating, underwriting, and policy processing services for any line of business and to deploy those services to the Web and to all other points on the product value chain. Duck Creek's EXAMPLE Platform supports all aspects of product definition, including data capture, rating, rules, interview screens, documentation, workflow, and transactions. Duck Creek's customers use the Platform for a wide variety of purposes, including full policy processing, submission processing, and black-box rating for both batch and interactive environments. The company was founded in January 2000, and is based in Bolivar, Missouri, with a branch office in Farmington, Connecticut.

For more information, visit http://www.duckcreektech.com or call 866-DUCK-TEC.

Contact:
Melinda Burnett
burnetme@duckcreektech.com
417-328-5339

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