Duck Creek Technologies Rated a Luminary in Celent’s 2023 Insurer Stand-Alone Rating Engines North America and Global Reports
June 08 2023 - 8:30AM
Duck Creek Technologies, the intelligent solutions provider
defining the future of Property and Casualty (P&C) and general
insurance, earns Luminary status in Celent’s 2023 North America and
global reports, Insurer Stand-Alone Rating Engines. Duck Creek’s
rating solutions have been recognized in the report’s
highest-ranking category for advanced technology and breadth of
functionality.
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% 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. 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.
“Duck Creek is proud to continue to earn Celent’s highest
Luminary ranking in North America and globally for our rating
solutions,” said Jess Keeney, Chief Product & Technology
Officer, Duck Creek Technologies. “We are continuously seeking ways
to modernize 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.”
“Duck Creek was one of only two named Luminaries in the report,
which is our highest designation,” said Karlyn Carnahan, Head of
Insurance for Celent. “Not only does the distinction celebrate the
most advanced technology in the rating space, but it also
recognizes the solutions with the most expansive functionality.
Duck Creek’s solution ranked high in both categories.”
About Celent
Celent is a research and advisory firm dedicated to helping
financial institutions formulate comprehensive business and
technology strategies. Celent publishes reports identifying trends
and best practices in financial services technology and conducts
consulting engagements for financial institutions looking to use
technology to enhance existing business processes or launch new
business strategies. With a team of internationally experienced
analysts, Celent is uniquely positioned to offer strategic advice
and market insights on a global basis. Celent is a member of the
Oliver Wyman Group, which is a wholly owned subsidiary of Marsh
McLennan Companies. [NYSE: MMC]. For more information, visit
www.celent.com. Follow Celent on Twitter @Celent_Research.
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
Twitter.
Carley Bunch
Duck Creek Technologies
+1 201 962 6091
carley.bunch@duckcreek.com
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