Insurance technology provider Duck Creek secures five Celent XCelent awards, acknowledging their exceptional performance in various categories.
In a significant recognition of its commitment to global insurers, Duck Creek Technologies has been awarded the Luminary distinction by Celent, the renowned research and advisory firm. This prestigious accolade reflects Duck Creek's excellence across both criteria, underscoring its position as a leader in the field of policy administration systems.
At the heart of Duck Creek's success is its innovative cloud-based Policy Administration System (PAS). This modern platform is not just about modernization, but also about providing insurers worldwide with agility, speed, and the capability to deliver successful experiences.
The Duck Creek PAS is designed with persona-based workspaces for efficient underwriting and policy servicing. It offers comprehensive policy administration capabilities, enabling insurers to manage policies efficiently from creation to renewal. The system includes robust rules engines and workflow automation tools, allowing for customization and streamlining of business processes.
One of the key features of Duck Creek Policy is its integration capabilities. It supports seamless integration with external systems, facilitating data exchange and workflow automation across different platforms. Additionally, it provides insightful reporting and analytics, helping insurers make informed decisions based on policy data and trends.
The system also offers additional functionalities beyond core policy administration, supporting a broader range of insurance operations. These include reinsurance management, loss control, and distribution management.
The benefits of Duck Creek Policy are far-reaching. It enhances operational effectiveness by optimizing workflows, reducing manual processes, and improving data management. It allows insurers to tailor the system to their specific needs, improving user experience and operational alignment.
Moreover, Duck Creek Policy provides valuable insights into policy performance, enabling insurers to identify trends, optimize processes, and anticipate risks. This data-driven decision-making approach can lead to reduced administrative expenses through automation and streamlined operations.
Furthermore, the Duck Creek platform offers real-time visibility into policy status, reducing unnecessary information requests and improving overall customer satisfaction. This, in turn, contributes to improved customer experiences.
Duck Creek Technologies has also been recognised as a Technology Standout in the EMEA, APAC, and LATAM regional editions of Policy Administration Systems: P&C Insurance reports. The Technology Standout category highlights modern solutions that emphasize technical innovation and agility.
In a statement, Mike Jackowski, CEO of Duck Creek Technologies, expressed his satisfaction, stating that their approach to policy administration innovation is making a real impact. Karlyn Carnahan CPCU, Head of Insurance | North America, Celent, also congratulated Duck Creek for its recognition as a Luminary in North America.
Duck Creek's Policy Administration System (PAS) leverages Microsoft Azure for cloud-native DevOps, ensuring a biweekly release cadence. This commitment to continuous innovation and improvement is evident in the five XCelent Advanced Technology 2025 awards that Duck Creek won for its cloud-based Policy Administration System (PAS) in North America, EMEA, and LATAM.
In conclusion, Duck Creek Technologies' Policy Administration System (PAS) is a modern, cloud-based policy administration system that delivers strong functionality through a thoughtfully designed and easy-to-navigate interface. Its recognition as a Luminary by Celent is a testament to its commitment to global insurers and its position as a leader in the field of policy administration systems.
Duck Creek Technologies' innovative cloud-based Policy Administration System (PAS) is not only beneficial for modernization but also provides global insurers with agility, speed, and the ability to deliver successful experiences in the industry, especially in finance and technology sectors. One can find detailed reports about Duck Creek's recognition as a Technology Standout in renowned online sources like ffnews.com.
