Growth continues for Duck Creek with strong 2010 sales following 2009
BOLIVAR, Mo., Jan. 26, 2011 /CNW/ -- Duck Creek Technologies, Inc., a provider of innovative software and services for the insurance industry, continues to expand its customer base as more companies look to replace legacy systems with modern technology. Duck Creek® continues to grow globally; increasing market share in the United States, Canada, and the United Kingdom.
The new customers represent geographic diversity, markets served, company sizes, lines of business, and distribution channels. Ten new licenses were added for Duck Creek's Policy Administration and Rating solutions. In addition, there were six new licenses for ISO and bureau-based Duck Creek Templates(TM) and three new Duck Creek Billing(TM) customers.
Duck Creek continues to increase its employee base as well, growing by 30% over the past 12 months. Experienced project managers, content developers, and business analysts were added to the team.
According to Matthew Josefowicz, Partner and Managing Director, Novarica, "Insurers are focusing heavily on core systems replacements and component-based modernizations in order to improve speed-to-market, customer and distributor service, and business intelligence capabilities. They are turning to partners like Duck Creek that not only are able to provide modern technology, but are able to help clients manage and benefit from its deployment."
"Duck Creek continues to be selected as the vendor of choice for companies looking to replace their legacy systems; from large Tier 1 carriers to start-up companies," commented Steve Hall, Duck Creek's President and CEO. "Our team is committed to providing great service to our 60+ customers. With 26 new core systems licensed in the past two years and more than 200 successful implementations since our company's founding, we are pleased with the significant adoption of our modern technology platform."
About Duck Creek Technologies®
Duck Creek Technologies, Inc. is a provider of innovative software and services to the insurance industry, providing next-generation policy administration, product configuration and definition, billing, 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 and its subsidiary, Duck Creek Technologies Europe Ltd, has an office in the United Kingdom. For more information, visit www.duckcreektech.com or call 866-382-5832.
Contact: Nancy Hines
© 2011 Duck Creek Technologies, Inc. All Rights Reserved.
Duck Creek Technologies, Duck Creek, Duck Creek Rating, Duck Creek Policy Administration, Duck Creek Templates, Duck Creek Billing, and EXAMPLE Platform are trademarks or registered trademarks of Duck Creek Technologies, Inc.
SOURCE Duck Creek Technologies, Inc.
For further information: Nancy Hines of Duck Creek Technologies, Inc., +1-803-935-9331, email@example.com Web Site: http://duckcreektech.com