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Duck Creek Achieves Record Bookings in Fiscal Year 2026
Duck Creek Technologies announced record new bookings in fiscal year 2026, driven by cloud modernization and AI adoption. The company's annual recurring revenue grew 15%, with net revenue retention reaching 111%. This growth highlights increased demand for Duck Creek's intelligent core platform in various insurance sectors.
The year saw significant cloud adoption and expansion within existing customers. New logo wins worldwide and enhanced data and AI product offerings contributed to this momentum. Key acquisitions included Send Technology Solutions, extending AI capabilities in underwriting.
Diverse customer growth was evident, with 7 of the top 10 North American insurers among clients. The company also launched innovative products like the Agentic Product Configurator, enhancing new product development and the insurance lifecycle.
Industry recognition included awards from IDC FinTech and Celent, further establishing Duck Creek's reputation in insurance transformation and technology.
R. H.
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