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Duck Creek Introduces New Version of Policy Administration Solution


 

Duck Creek Introduces New Version of Policy Administration Solution

 

Version 4.0 offers increased functionality providing P & C carriers a way to further streamline processes.

Bolivar, MO - July 21, 2009 - Duck Creek Technologies, Inc., a leading provider of software and service solutions for the insurance industry, announces the availability of its version 4.0, Duck Creek Policy Administration ™ Solution; a browser based system that supports Property and Casualty (P&C) insurance products, including personal, specialty and commercial. This new release includes an infrastructure upgrade that delivers a broader functionality which enables carriers to continually enhance their policy management processes.

Version 4.0 uses an improved data model that make security administration easier for both users and entities, and improves data accessibility. A more robust and enhanced user interface (UI) has been incorporated - utilizing new customizable dashboards, giving users a friendly, modern look and feel, coupled with improving workflow efficiencies. The new dashboard and task system improves the ability to process business and increases operational efficiencies, providing carriers a competitive advantage. Consumers can control their purchasing experience and carriers can reach new business opportunities using improved self-service features in version 4.0.

Within this new release, Duck creek's EXAMPLE Author® tool has migrated to a .net version giving it a new remodeled look and performance. The tool has been supplemented with the addition of a new feature-an update adoption utility tool, that will help carriers streamline their bureau content adoption processes.

"Duck Creek's CEO, Steve Hall noted, "It's important for Duck creek to continue pushing boundaries and providing our clients and partners with innovation and technology of the future." "Release 4.0 delivers an efficient, fast and universal scalable technology for the P&C insurance market. It reflects our effort to accelerate R&D efforts to prepare for the nation's economic rebound. The motivation behind release 4.0 was to enable cost savings, deliver business benefits to our customers in the area of usability, and provide integration for carriers with their agents, partners and consumers. Technology is only as good as the quantifiable results it produces. Our ability to help carriers increase premiums, drive agent recruitment through the popularity of our solution and produce savings for distributors and agents continues to drive the momentum behind our products and speaks to the value of straight-through processing."