Duck Creek Technologies
Duck Creek Technologies, Inc. is a software company that delivers software-as-a-service core systems tailored for the property and casualty insurance industry in North America. Founded in 2016 and headquartered in Boston, Massachusetts, the company provides a comprehensive suite of solutions that enhance the operational efficiency of insurance carriers. Its offerings include Duck Creek Policy for product development and policy management, Duck Creek Billing for payment and invoicing, and Duck Creek Claims for managing the claims lifecycle. Additionally, Duck Creek Rating enables real-time rate development, while Duck Creek Insights offers analytics capabilities for data analysis and reporting. The company also provides tools for digital engagement between insurers and their clients, as well as distribution management to streamline sales processes. Other services include reinsurance management and pre-built industry content that supports various insurance lines. Duck Creek Technologies serves a diverse range of insurance carriers, helping them effectively manage their products and services.
Top Stages
5 past transactions
Risk Control Technologies
Acquisition in 2024
Risk Control Technologies is a provider of specialized software solutions designed to enhance risk management operations for the insurance industry. The company focuses on loss control and risk management, catering to a diverse clientele that includes insurance carriers, brokers, program managers, governmental risk pools, and loss control vendors. By combining advanced technology with industry expertise, Risk Control Technologies enables organizations to effectively achieve their risk management objectives, leveraging both innovative software and established best practices within the sector.
Imburse
Acquisition in 2023
Imburse is a cloud-based payments integration platform that enables enterprises to connect seamlessly to any payment rail, provider, or technology across various markets. The platform facilitates both collections and payouts, allowing organizations to integrate their core systems, CRM, and ERP solutions without operational disruption. Designed as an enterprise SaaS solution, Imburse supports multi-tenancy deployments and prioritizes industry certifications and compliance, ensuring security and stability. With the ability to deploy any payment provider within minutes, Imburse empowers financial and operational leaders to enhance customer engagement and operational efficiency while maintaining full operational insulation from the complexities of the payments landscape. The platform offers a single source of reporting truth, equipping clients with valuable insights and flexibility in their payment strategies.
Outline Systems
Acquisition in 2018
Outline Systems, Inc. is an IT solutions and services provider focused exclusively on the insurance industry, headquartered in Somerset, New Jersey. Established in 1997, the company offers a range of products and services designed to enhance operational efficiency for insurers. Its primary offerings include ProducerOne, a comprehensive system for managing the entire agent lifecycle, SecureOne, an identity management solution that automates provisioning and authorization, and LossOne, which enhances the customer service experience for claims processing. Additionally, Outline Systems provides application development and maintenance services, including software requirement specifications, bug fixes, and performance enhancements. The company also delivers professional consulting services, infrastructure management, and ITIL process consulting to support its clients. With a team of domain experts and a commitment to service excellence, Outline Systems aims to streamline the complex processes associated with insurance distribution and improve overall efficiency for its clientele.
Yodil
Acquisition in 2017
Yodil, Inc. is a provider of enterprise data management software focused on the insurance industry. The company specializes in business intelligence, data warehousing, data quality, and data governance solutions tailored for property and casualty, workers compensation, and specialty lines of insurance. Yodil's offerings enable organizations to access actionable information that supports decision-making and reporting across various functional areas, including underwriting, claims, and finance. In addition to its software solutions, Yodil provides strategic services such as data governance, performance management, and report rationalization, along with managed services like cloud hosting and system administration. The company is recognized for its ability to normalize data from diverse sources, facilitating effective reporting and analytics for carriers, brokers, and agents. Incorporated in 2009 and based in Charlotte, North Carolina, Yodil operates as a subsidiary of Duck Creek Technologies, Inc. as of early 2017.
Agencyport Software
Acquisition in 2016
Agencyport Software is a provider of digital distribution technology specializing in the property and casualty insurance sector. The company delivers web-based distribution technologies, global policy administration solutions, and business intelligence tools designed to streamline the insurance process. By offering these advanced software solutions, Agencyport Software enables companies worldwide to effectively manage their product sales and client services throughout the customer lifecycle. This comprehensive approach simplifies the complexities of the insurance business, allowing clients to take advantage of opportunities and maintain a competitive edge in the market.
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