Duck Creek Technologies Launches Policy with Active Delivery
The Cloud-Native Solution Enables P&C and General Insurers to Deliver Products at Scale by Eliminating the Need for Upgrades
BOSTON, Aug. 05, 2024 (GLOBE NEWSWIRE) - Today, Duck Creek Technologies, the intelligent solutions provider defining the future of property and casualty (P&C) and general insurance, announced the general availability of Policy with Active Delivery, a revolutionary solution that eliminates the need for upgrades and enables P&C insurers to deliver insurance products at scale in an era of rapid customer-centric innovation and growth.
Policy with Active Delivery is a cloud-native solution that leverages the power, scalability, and security of the Azure cloud to provide bi-weekly product updates. These updates are applied automatically, assuring there are no disruptions to an insurer's operations while eliminating the need for additional, costly resources to manage massive upgrades. All updates are "feature flagged," allowing insurers to choose when to activate them, ensuring zero impact to their production environment.
Policy with Active Delivery also offers low-code configuration tools, an integrated development environment for insurance products, and pre-built content for various lines of business, allowing insurers to go to market faster, increase operational efficiencies, and improve customer satisfaction.
"We are thrilled to introduce Policy with Active Delivery, a game-changing solution that sets a new standard for policy administration in the P&C industry," said Jess Keeney, Chief Product & Technology Officer of Duck Creek Technologies. "With Active Delivery, insurers can free their IT resources to focus on innovation, rather than maintenance, and respond to the evolving needs of their customers and agents with speed and agility. Policy with Active Delivery is the ultimate expression of our vision to simplify insurance technology and empower our customers to achieve their business goals."
To drive operational efficiencies, Policy with Active Delivery automates manual processes by leveraging low-code configuration tools for agile updates and enhanced speed to market for new products. These efficiencies translate into reduced expense ratios, improved core operational performance, and enhanced scalability to handle higher volumes seamlessly.
The platform supports omnichannel access, catering to the self-service expectations of customers, agents, and brokers alike. It also enhances underwriting performance by implementing rules-based processing and dynamic workflows, ensuring consistent and optimized outcomes.
About Duck Creek Technologies
Duck Creek Technologies is the intelligent solutions provider defining the future of the property and casualty (P&C) and general insurance industry. We are the platform upon which modern insurance systems are built, enabling the industry to capitalize on the power of the cloud to run agile, intelligent, and evergreen operations. Authenticity, purpose, and transparency are core to Duck Creek, and we believe insurance should be there for individuals and businesses when, where, and how they need it most. Our market-leading solutions are available on a standalone basis or as a full suite, and all are available via Duck Creek OnDemand. Visit www.duckcreek.com to learn more. Follow Duck Creek on our social channels for the latest information – LinkedIn and X.
Media Contacts:
Dennis Dougherty
dennis.dougherty@duckcreek.com
标签:
热点文章
2025“蓉漂杯”高层次人才创新创业大赛海外重点区域专项赛(法国赛区)圆满收官
百神药业十年上市路撞上医药反腐,高特佳押注失算?
蔚来汽第一季度营收106.8亿 预计二季度车辆交付量下降
“佛喜茶”联名翻车,会影响喜茶后续上市吗?
刘元春:今年中国经济增速达到5%左右的目标没有问题
田华:制造业、服务业和数字经济等成为经济发展的重要引擎
李佳琦:你不是“下一个李佳琦”,你就是你自己
游客水库边露营拒付100元费用,村民喊来撒粪车浇地,管理方回应