KUALA LUMPUR, June 9 (Bernama) -- Duck Creek Technologies, has received Luminary status in Celent’s 2023 North America and global reports, Insurer Stand-Alone Rating Engines.
An intelligent solutions provider defining the future of Property and Casualty (P&C) and general insurance, Duck Creek’s rating solutions have been recognised in the report’s highest-ranking category for advanced technology and breadth of functionality.
Duck Creek Technologies Chief Product & Technology Officer, Jess Keeney said the company is proud to continue to earn Celent’s highest Luminary ranking in North America and globally for its rating solutions.
“We are continuously seeking ways to modernise our technology and create evergreen solutions that cultivate a better user experience for our customers. Deploying frequent, fully automated updates with configurability enables us to do this,” she said in a statement.
This report provides an overview of Duck Creek Rating, which enables customers to rate 583,000 quotes per hour/per server of complex personal lines policies in a 100 per cent horizontally scalable manner.
In North America and across the globe, Duck Creek maintains an open platform and open ecosystem philosophy, offering over 100 pre-built and validated integration accelerators. This includes Duck Creek Rating Anywhere Integrations with Coherent, Akur8, AAIS and Verisk.
Celent’s report profiles key stand-alone rating engines and provides an overview of their functionality and technology, in which the report equips P&C insurance carriers with the knowledge and insights to evaluate the market’s best stand-alone rating engines for their business.
Celent is a research and advisory firm dedicated to helping financial institutions formulate comprehensive business and technology strategies.
-- BERNAMA
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