Duck Creek Technologies rating solution has a strong showing in report's vendor comparative rankings

BOLIVAR, Mo., Oct 2 /PRNewswire/ -- Duck Creek Technologies, Inc., a leading provider of software and services for the insurance industry, today announced that its Duck Creek Rating(TM) solution has been favorably recognized by research and advisory firm Celent's new report: US Property/ Casualty Rating Systems: ABCD Vendor View 2009. In the report, Celent provided a full profile of eight vendor products utilizing the Celent ABCD Vendor View analysis framework.

The report concludes that the EXAMPLE Platform® (Duck Creek Rating(TM)) has earned strong client reference feedback and services a large number of lines of business. Michael Fitzgerald of Celent stated, "Companies seeking an experienced, proven solution should add the Duck Creek Rating solution to their list to review." In addition, Duck Creek Rating also placed well in Celent's ABCD Vendor View which comparatively ranks vendors based on advanced technology and technical flexibility, breadth of functionality, customer base, and depth of client services and solutions.

Duck Creek's solution manages all aspects of product definition--rates, rules, forms, the user interface definition and the design process. In terms of product positioning, it is a product definition and configuration solution that can support sophisticated rating environments.

Steve Hall, Duck Creek's CEO commented, "Duck Creek continues to make significant investments to rating, as well as all of our products and solutions. We solicit the needs and requirements of our customers and work closely with industry analysts to uncover market trends, upcoming technologies and best practices. Our goals are to design, develop and deliver software solutions for insurance carriers that increase premiums and lower operating costs, while delivering an end-to-end positive experience. Celent's positive recognition of our rating solution furthers our commitment to these goals."

About Duck Creek Rating(TM)

Duck Creek Rating is available as a stand-alone rating solution or as a component of a solution suite depending upon a client's specifics needs. The solution is built on a technology platform that provides Duck Creek clients the flexibility to manage products across multiple business lines including personal, commercial and specialty. An infinite number of pricing structures and tiers are allowed by the rating architecture. Key capabilities of the Duck Creek Rating solution include:

• High velocity rating and rules engine
• Supports granular rating and tiering
• Create, edit and manage custom user-defined rates
• Table design and update management
• Database and XML schema support
• Testing modeling and product analysis
• Web quoting tools
  

About Duck Creek Technologies®

Duck Creek Technologies, Inc. is a leading provider of software and services to the insurance industry, providing next-generation policy administration, product configuration and definition, 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 www.duckcreektech.com or call 866-382-5832.

SOURCE Duck Creek Technologies, Inc.

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