Dovetail's '90 Days to Live' Outsourcing Program Expands Dovetail enters a Strategic Remarketing Agreement with Duck Creek Technologies

COLUMBIA, S.C., June 1 /PRNewswire/ -- Dovetail Insurance Corporation, an insurance industry services provider, announced today that they have entered into an agreement with Duck Creek Technologies, a leading provider of software and services to the insurance industry, to sell Dovetail outsourcing capabilities to the insurance market.

"Today, Dovetail delivers our back office insurance services using Duck Creek's policy administration and billing platform which makes this agreement the natural progression of an already strong working relationship," stated Steve Francis, President and CEO, of Dovetail Insurance.

"Dovetail offers our clients an alternative to managing systems in-house and provides customers looking for an outsourcing solution with a single, integrated solution that will get customers into production in an average of ninety (90) days instead of months. Through their service organization Dovetail is able to provide an entire insurance back office for operating everything from a complex virtual insurance company environment to individual insurance programs. This agreement underscores our commitment to deliver the best mix of services to our customers and provides them with another compelling reason to do business with us," said Steve Hall, President and CEO of Duck Creek Technologies.

About Dovetail Insurance Corporation

Dovetail Insurance Corporation was formed in November, 2006 by FirstMark Capital and is a privately held insurance services company headquartered in Columbia, S.C. Dovetail Managing General Agency Corporation, a wholly-owned subsidiary of Dovetail Insurance Corporation, is a licensed insurance agency authorized to produce property and casualty insurance policies for licensed insurers in forty-eight states and is capable of performing all policy related functions from distribution to policy issuance and maintenance. Dovetail's capabilities include Insurance Program Development and Administration, back office services for policy administration and deployment of carrier designed programs using fully functional advanced technologies that offer quick, seamless and cost effective deployment. Dovetail's business model allows insurance companies to innovate and then implement their plans entering into new markets without delay or major financial investments upfront. For more information visit our website: www.dovetailinsurance.com.

About Duck Creek Technologies, Inc.

Duck Creek Technologies, Inc., is a leading provider of software and services to the insurance industry, providing next-generation policy administration, product definition and configuration, billing and rating for the Property & Casualty and Healthcare insurance markets. Duck Creek is dedicated to enabling customers to develop insurance products and to sell and service those products in their chosen markets with unprecedented speed to market, flexibility, reach and quality. Founded in 2000, Duck Creek is headquartered in Bolivar, Missouri, and has multiple offices within the United States, with its affiliate and licensing partner in Europe, the Middle East and Africa, Duck Creek Technologies Europe Ltd., headquartered in London. For more information visit our website: www.duckcreektech.com

SOURCE Dovetail Insurance Corporation



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