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Duck Creek Technologies, Inc. Adds New Customers in 2009


News provided by

Duck Creek Technologies, Inc.

Jan 19, 2010, 08:03 ET

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    2009 sales for Duck Creek highlight unprecedented growth in a tough
economy




    
</pre>
<p>BOLIVAR, Mo., <chron>Jan. 19</chron> /PRNewswire/ -- Duck Creek Technologies, Inc. (Duck Creek), a leading provider of software and services for the Property & Casualty (P&C) insurance industry, announces the 2009 worldwide licensing of nine new customers for Duck Creek's Rating and Policy Administration systems and four for Duck Creek's Billing system. In addition to increased US market share, Duck Creek has experienced global growth with new customers in the <location>United Kingdom</location> and <location>Canada</location>. The company also experienced expansion of its product footprints, new products and additional lines with existing customers.</p>
<p/>
<p>The new licenses not only represent geographic diversity but also markets served, sizes, lines of business and distribution channels. The flexible, next-generation systems include Duck Creek Rating(TM), Duck Creek Policy Administration(TM) and Duck Creek Billing(TM) products on an integrated platform for personal, commercial and specialty lines of business.</p>
<p/>
<p>Further reinforcing Duck Creek's popularity with Tier 1 carriers, three of the new customers have Direct Written Premiums of greater than <money>USD$1 billion dollars</money>.</p>
<p/>
<p>"In this soft market, carriers are looking to expand into new target markets and need the flexibility to introduce innovative insurance products quickly. Our strong sales in 2009 show that carriers are moving away from legacy products to modern, flexible technologies and are using Duck Creek products as growth enablers," said Duck Creek President and Chief Executive Officer <person>Steve Hall</person>. "We are excited about this response from the market and look forward to further demonstration of our commitment to our customers' success and market leadership."</p>
<pre>
    

    About Duck Creek Technologies, Inc.
    
</pre>
<p>Duck Creek is a leading provider of software and services to the insurance industry, providing next-generation rating, policy administration, product configuration and definition and billing 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 <location>United States</location>, with its affiliate and licensing partner in <location>Europe</location>, the <location>Middle East</location> and <location>Africa</location>, Duck Creek Technologies <location>Europe</location> Ltd., headquartered in <location>London</location>. For more information, visit <a href="http://www.duckcreektech.com">www.duckcreektech.com</a> or call 866-382-5832.</p>
<pre>
    

    Duck Creek(TM) is a trademark of Duck Creek Technologies, Inc.

    
</pre>
<p> </p>
<p> </p>
<pre>
    
    Contact:       Nancy Hines
                   803.935.9331
                   [email protected]






    

For further information: Nancy Hines, +1-803-935-9331, [email protected], for Duck Creek Technologies, Inc. Web Site: http://duckcreektech.com

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Organization Profile

Duck Creek Technologies, Inc.

    Also from this source

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  • Duck Creek Technologies Wins IDC FinTech Real Results Award for Insurance Transformation

  • Duck Creek Technologies Appoints Former PowerSchool CEO Hardeep Gulati as Chief Executive Officer to Propel AI-First Expansion

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