Duck Creek Technologies Unveils Innovative Reinsurance Platform

Duck Creek Technologies has announced the launch of Duck Creek Reinsurance with Active Delivery, a cloud-native platform aimed at simplifying program management for insurers. This new solution offers real-time visibility and continuous updates without causing system disruption, thereby eliminating the need for costly upgrades. Built on the AWS platform, it automates workflows and provides a centralized view of contracts, enhancing financial performance and operational efficiency.

The new platform targets current industry challenges like fragmented systems and manual processes. By replacing these with automated solutions, Duck Creek Reinsurance aims to eliminate claims leakage and improve financial outcomes. Insurers benefit from a comprehensive view of treaties and exposures, leading to better risk management and faster financial closings.

Celine Thierry, Senior Director of Product Management, highlighted that insurers could now focus on optimizing risk strategies rather than maintaining outdated systems. Duck Creek's platform, supporting omnichannel access and dynamic workflows, promises to transform reinsurance into a strategic advantage for carriers.