 |
|
With today's volatile financial condition, insurance carriers are returning to their financial roots of underwriting profitability. The formula for success is simple. Take in more premium dollars than you spend.
Finding a way to accomplish this goal is not so simple. That's why more and more carriers are turning to Duck Creek Technologies for help.
|
|
Insurance Solutions:
|
|
 |
|
 |
|
|
 |
|
|
|
|
|
|
Policy Administration
Streamline processes, get products to market faster and improve operational efficiencies. |
|
Rating & Rules
Unsurpassed rating and rules engine known for its performance and flexibility. |
|
|
Sales Automation
Rich web portals that are easily accessible and have robust functionality for obtaining rates and quotes in real time. |
Business Value:
- Increase premium dollars by quickly delivering consistent, Web-enabled, high-quality rating, underwriting, and policy processing software to both existing and emerging market channels.
- Lower expenses by dramatically reducing product design time and software development costs.
- Improve profitability by analyzing product performance, modeling product changes, and accurately tuning product pricing and target markets.
Features & Benefits:
- Commercial ISO Templates. Our policy administration commercial ISO solution consists of pre-built out-of-the-box ISO templates for CPP (Commercial Package Policies). On an annual basis, ISO can send more than 2,000 changes to commercial-line rates, which can overwhelm even the largest insurer. Customers who license our ISO commercial lines templates receive monthly manuscripts which include ISO circular updates ninety days prior to the effective date of the change.
- Conforms to your business. Easily conform your business processes with our flexible technology, saving time and cost of rewriting existing routines and reeducating staff.
- Lowers the total cost of ownership. Install and run your systems with our modern solution architecture that is designed to be lightweight, flexible and long-lasting.
- Configurable software. Create and change products with no hard coding or complex programming.
- Faster testing, deployment and changes. Develop, test and implement products faster with our tool-based approach. Making a change is just as easy, so when the market suggests adjustments, the technology won't get in the way.
- Upgrades without the downtime. Provide intellectual property (IP) preservation by storing the IP independent of the software platform.
- Web-enabled. Ensure the ease of doing business by simplifying your system for agents and consumers and provide easy interfaces with legacy systems.
- Trusted partner. Count on us as your trusted and experienced partner to depend on during deployment or anytime assistance is needed.
|
|
Solutions
