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Insurer opts to make sweeping changes to its operations, partnering with LTI to implement the full Duck Creek Suite via Duck Creek OnDemand
Boston, Feb. 16, 2021, the provider s SaaS solution for the P&C insurance industry. Having previously migrated Duck Creek Claims to Duck Creek OnDemand, MBG CIO Adam Solomon saw the benefits immediately and made the decision to carry out the same process for all of its core insurance technologies. The carrier is partnering with LTIfor this business transformation initiative, and all three organizations intend to work closely together throughout the process.
As part of a broader cloud strategy for its business, the carrier s decision to migrate all of its core systems to SaaS was driven by a desire for a modern operating model that will allow them to shift more resources to direct support of their agents and customers. A regional carrier in a market saturated by the largest players in the industry, MBG saw this move to SaaS as an opportuni
Duck Creek Technologies Announces Pricing of Public Offering of Common Stock
January 28, 2021 21:19 ET | Source: Duck Creek Technologies Duck Creek Technologies Boston, Massachusetts, UNITED STATES
BOSTON, Mass., Jan. 28, 2021 (GLOBE NEWSWIRE) Duck Creek Technologies, Inc. (Nasdaq: DCT) (“Duck Creek”), a provider of SaaS-delivered enterprise software to the property & casualty (“P&C”) insurance industry, announced today the pricing of an underwritten public offering by Duck Creek and certain of its stockholders of a total of 9,000,000 shares of Duck Creek’s common stock (an upsize of 1,000,000 shares) at a public offering price of $46.00 per share, including 8,910,000 shares offered by the selling stockholders and 90,000 shares offered by Duck Creek. The offering is expected to close on February 2, 2021, subject to customary closing conditions. The selling stockholders also granted the underwriters a 30-day option t
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Compex Joins Duck Creek Partner Ecosystem to Provide Record Retrieval Solutions to Insurers
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TORRANCE, Calif., Jan. 13, 2021 /PRNewswire/ Compex Legal Services, Inc, the nation s leading record retrieval and record insights company, announced today that Duck Creek Technologies (NASDAQ: DCT) has welcomed the firm into its
Partner Ecosystem program. Compex s solution is now seamlessly integrated with the Duck Creek Platform, providing an end-to-end digital process that supports the shift to lower-touch claims, reducing the time it takes to obtain and summarize any type of records required on a claim. Duck Creek customers now have access to Compex s capabilities through a Product Integration available on Duck Creek s Content Exchange.