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.
Risk Control Technologies
Acquisition in 2024
Risk Control Technologies specializes in developing software designed to optimize risk management operations for the insurance industry. The company provides innovative loss control solutions aimed at insurance carriers, brokers, program managers, governmental risk pools, and loss control vendors. By combining advanced technology with industry expertise, Risk Control Technologies enables its clients to effectively achieve their risk management objectives and enhance their overall operational efficiency.
Imburse
Acquisition in 2023
Imburse is a cloud-based payments integration platform that connects enterprise systems to various payment rails, providers, and technologies, facilitating both collections and payouts. The platform enables seamless integration with core systems such as CRM and ERP, allowing businesses to initiate payments while benefiting from a unified reporting framework. Designed with enterprise security and compliance in mind, Imburse offers instant access to various payment methods including card collections, debit orders, and e-wallets, ensuring operational insulation from the complexities of the payments landscape. This enterprise SaaS solution supports multi-tenancy deployments, enabling customers to quickly deploy any payment provider or technology without impacting their operations or finances. By streamlining payment processes, Imburse helps businesses enhance customer engagement and drive operational efficiency.
Outline Systems
Acquisition in 2018
Outline Systems, Inc. is an IT solutions and services provider based in Somerset, New Jersey, specializing in the insurance industry. Founded in 1997, the company offers a range of products and services designed to enhance operational efficiency for insurers. Its key offerings include ProducerOne, a comprehensive system for managing the agent life cycle, and SecureOne, an identity management solution that automates provisioning and entitlement management. Additionally, Outline Systems provides LossOne, which improves claims management and customer service for insurers. The company also delivers application development and maintenance services, ensuring robust software support through custom features, bug fixes, and quality assurance. With a focus on client-centric solutions and a team of experienced professionals, Outline Systems aims to help insurers streamline their processes and improve overall performance in a complex digital landscape.
Yodil, Inc. specializes in enterprise data management software tailored for the insurance industry, focusing on property and casualty, workers compensation, and specialty lines. The company provides business intelligence, data warehousing, data quality, and data governance solutions, enabling clients to access actionable information for decision-making and reporting across various operational areas, including underwriting, claims, marketing, and finance. Yodil's services include strategic consulting, data governance, performance management, and managed services such as cloud hosting and production support. By normalizing data from diverse source systems, Yodil enhances reporting and analytics capabilities for carriers, reinsurers, managing general agents, third-party administrators, and brokers. Founded in 2009 and based in Charlotte, North Carolina, Yodil operates as a subsidiary of Duck Creek Technologies.
Agencyport Software
Acquisition in 2016
Agencyport Software, previously known as Sword Insurance, specializes in providing digital distribution technology tailored for the property and casualty insurance sector. The company delivers web-based distribution solutions, global policy administration systems, and business intelligence tools designed to streamline the insurance process. By simplifying complex insurance operations, Agencyport Software enables its clients to effectively manage their products and services throughout the customer lifecycle. This comprehensive suite of tools helps insurance companies seize opportunities and maintain a competitive advantage in the market.
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