Sydney, Oct. 26, 2022 (GLOBE NEWSWIRE) — Duck Creek Applied sciences (NASDAQ: DCT), the clever options supplier defining the way forward for property and casualty (P&C) insurance coverage, broadcasts a milestone second in insurance coverage expertise with its profitable end-to-end implementation for start-up Australian insurer, Argyle Insurance coverage, which took lower than 60 working days. The implementation was a coordinated effort with solution-integration companion, Coforge.
By way of Duck Creek’s trendy core system, together with software-as-a-service (SaaS) options for coverage, billing, and knowledge insights, Argyle Insurance coverage will deploy a hybrid working mannequin into the Australian normal insurance coverage market. Their new platform will give brokers entry to a wider vary of insurers and their merchandise, permitting them to supply their SME shoppers extra alternative and competitors, bettering consumer outcomes. The sub-60-day execution was achieved by way of using an revolutionary Australian SME template constructed by the Duck Creek APAC regional product growth crew.
“Partnering with main organisations within the insurance coverage sector is a key to Argyle’s worth proposition. Duck Creek was capable of embrace the imaginative and prescient to redefine, by way of using expertise, how intermediaries and clients do SME insurance coverage,” stated Anthony Day, Managing Director and Co-Founding father of Argyle. “Duck Creek labored hand-in-hand with our crew to ship our underwriting system in report time”
“Argyle’s distinctive mannequin connects all stakeholders within the ecosystem by way of an AI-augmented platform. Greater than 5 thousand dynamic questions, guidelines and pricing combos have been arrange through the implementation to ship efficient worth to your entire insurance coverage neighborhood,” stated Matthew Morgan Chief Business Officer and Co-Founder “Working with the Duck Creek platform, we have been capable of obtain our desired goal to advance the Australian normal insurance coverage market and stay repeatedly related and engaged with clients.”
“Duck Creek and Argyle’s distinctive relationship, which enabled the 60-day supply, comes right down to our alignment of objective and imaginative and prescient that the way forward for insurance coverage is agile, clever and evergreen,” stated Shaji Sethu, Managing Director, Asia Pacific at Duck Creek Applied sciences. “We’re each centered on driving higher, easier-to-understand insurance coverage merchandise, that are tailor-made to policyholders’ wants and are adaptable to their altering priorities.”
Each groups embraced an unwavering stage of dedication and suppleness that made the speedy launch profitable. This implementation mission was slated to span greater than 60 days, nevertheless, the spectacular collaboration between Duck Creek and Argyle, supported by the deep area and technical experience of Coforge, allowed the groups to beat their goal aim.
“Coforge is equally proud to be part of Argyle’s record-setting go-live journey powered by Duck Creek OnDemand. A big achievement to ship a core platform transformation mission inside 60 days. A real instance of seamless collaboration between Argyle, Duck Creek Applied sciences and Coforge to set new regular for Core Insurance coverage Platform Rollout” stated Deepak Agarwal, SVP and World Supply Head – P&C Insurance coverage for Coforge.
About Argyle
Argyle Insurance coverage is a real digital underwriting company with expertise to satisfy clients’ altering insurance coverage necessities. Argyle’s energy comes by way of innovation. It has delivered a brand new method to join clients to their brokers digitally that comes with a set of instruments to work together in additional significant methods.
About Duck Creek Applied sciences
Duck Creek Applied sciences (NASDAQ: DCT) is the clever options supplier defining the way forward for the property and casualty (P&C) and normal insurance coverage business. We’re the platform upon which trendy insurance coverage methods are constructed, enabling the business to capitalize on the ability of the cloud to run agile, clever, and evergreen operations. Authenticity, objective, and transparency are core to Duck Creek, and we imagine insurance coverage ought to be there for people and companies when, the place, and the way they want it most. Our market-leading options can be found on a standalone foundation or as a full suite, and all can be found through Duck Creek OnDemand. Go to www.duckcreek.com to be taught extra. Comply with Duck Creek on our social channels for the newest data – LinkedIn and Twitter.
About Coforge
Coforge is a world digital providers and options supplier, that permits its shoppers to remodel on the intersect of area experience and rising applied sciences to realize real-world enterprise impression. A deal with very choose industries, an in depth understanding of the underlying processes of these industries and partnerships with main platforms offers us a definite perspective. Coforge leads with its product engineering method and leverages Cloud, Knowledge, Integration and Automation applied sciences to remodel consumer companies into clever, excessive progress enterprises. Coforge’s proprietary platforms energy important enterprise processes throughout its core verticals. The agency has a presence in 21 nations with 25 supply facilities throughout 9 nations with a key deal with Insurance coverage as a vertical.
