Duck Creek Technologies achieves Dominant Provider status for its policy administration solution by Aite-Novarica
On April 10, 2023, Duck Creek Technologies announced that it has been recognized as a Dominant Provider in the Aite-Novarica P/C Policy Administration Systems Impact Report. This ranking reflects Duck Creek's robust market position and positive momentum within the property and casualty (P&C) insurance sector. The report details the features, capabilities, and strategic partnerships of leading technology solution providers, serving both insurers and policy administration solution (PAS) companies. Duck Creek's transition from on-premises software to a cloud-based SaaS provider has enhanced its market presence, as noted by Aite-Novarica. The company's commitment to delivering modernized insurance products through its low-code, cloud-native solutions is emphasized by leadership, indicating a significant evolution in how insurers operate.
- Ranked as a Dominant Provider in the Aite-Novarica P/C Policy Administration Systems Impact Report.
- Strong market position and positive momentum in the property and casualty sector.
- Successful transition to cloud-based SaaS provider, enhancing market presence.
- Focus on low-code, cloud-native solutions that allow insurers to modernize products efficiently.
- None.
Boston, April 10, 2023 (GLOBE NEWSWIRE) -- Duck Creek Technologies, the intelligent solutions provider defining the future of property and casualty (P&C) and general insurance, is honored to be ranked a Dominant Provider in Aite-Novarica’s P/C Policy Administration Systems Impact Report, indicating strong market position and momentum. Aite-Novarica is a leading analyst research firm and provides this report to assist P&C insurers in drawing up their short lists of potential providers based on vendor market position and offering details.
The 2023 P/C Policy Administration Systems Impact Report provides an overview of the key features and capabilities, client base, lines of business supported, strategic partnerships, key differentiators, and product roadmaps of core standalone technology solutions providers. This report is not only of interest to insurers’ senior business executives and IT professionals, but also to policy administration solution (PAS) providers looking to understand the direction of the market and evolving buyer needs.
“We are proud that Duck Creek Policy earned this strong ranking from a leading analyst firm for our end-to-end solutions,” said Andy Yohn, VP of Product Strategy, Duck Creek Technologies. “We are focused on our customers first, and insurers from across the globe can utilize our low-code, cloud-based suite to deliver modernized insurance products at scale faster than before.”
“Duck Creek has made great strides in transitioning from a traditional on-premises software provider to a cloud-based SaaS provider. Duck Creek’s comprehensive PAS solution has resulted in significant market momentum, and a large customer base that writes a broad range of products,” said Martin Higgins, Senior Principal at Aite-Novarica. “Insurers continue to prioritize core system modernization efforts and they have good technology options with modern, flexible solutions like Duck Creek.”
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.
FAQ
What did Duck Creek Technologies announce on April 10, 2023?
What does the Aite-Novarica report evaluate?
How has Duck Creek Technologies evolved in its service offerings?
What is the significance of Duck Creek's ranking in the report?
