Torus Selects Duck Creek for Policy Administration and Billing

BOLIVAR, Mo., March 15 /PRNewswire/ -- Duck Creek Technologies, Inc., a leading provider of software and services for the insurance industry, announced it signed an agreement with Torus Specialty Insurance, a subsidiary of Torus Services US, Inc., for Duck Creek Policy Administration™ and Duck Creek Billing™. Torus is a specialty insurance company providing commercial, professional and specialty insurance and reinsurance products to a global base.

Torus is expanding in the US market and wanted a policy administration platform that will allow them to grow from their initial offering of Umbrella/Excess lines for small commercial risks into other specialty and primary lines. According to Jeff Smith, CTO of Torus Insurance, "We need technology that won't get in the way of fast, efficient delivery of our services. Duck Creek provides flexible and intuitive Web-enabled systems that improve the end-users' experience and can be easily configured to support new business lines as we grow."

"We welcome Torus Specialty as they grow their US business and look forward to our partnership as they implement our solutions. Duck Creek is proud to provide a well engineered, modern technology solution, which enables carriers like Torus to improve their operational efficiencies and drive profitable business growth," stated Steve Hall, Duck Creek's President and CEO.

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.

About Torus

Torus provides commercial, professional and specialty insurance and reinsurance products to a global client base through its UK, US and Bermuda based insurance subsidiaries.

Torus Insurance Holdings Limited is the Bermudian holding company of three insurance entities, Torus Insurance (UK) Ltd, an FSA regulated UK business, Torus Specialty Insurance Inc., a US excess and surplus lines insurer and Torus Insurance (Bermuda) Ltd, a Class-4 insurer domiciled in Hamilton Bermuda.

For more information, visit www.duckcreektech.com or call 866-382-5832.

SOURCE Duck Creek Technologies, Inc.