Accenture acquires P&C software specialist
July 14, 2011 by Timothy Wilkes · Leave a Comment
Accenture is acquiring Duck Creek Technologies, a privately held company that specialises in software solutions for the property and casualty (P&C) insurance industry.
The move should strengthen the group’s ability to support P&C insurers of all sizes, allowing it to quickly launch products that match consumers’ evolving needs.
According to the outsourcing and technology services provider, the acquisition will also result in “an industry-leading suite of software with processing capabilities from product configuration and definition to policy management, including underwriting, billing, rating, ISO-based products support and claims management”.
Accenture’s global managing director of software, Colin Davies, comments: “Duck Creek’s solutions are built upon the same Microsoft .NET technology as Accenture’s existing P&C software platforms, which will facilitate rapid integration of the applications.”
Duck Creek was founded in 2000 in Missouri, US, and currently has over 60 clients across North America and the UK.
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