Verisk and Duck Creek Technologies Announce Enhanced Integration to Simplify, Streamline Insurer Workflows
July 29 2021 - 9:00AM
Verisk (Nasdaq:VRSK), a leading global provider of predictive
analytics and decision-support solutions, today announced its
claims management solution, XactAnalysis®, now has a prebuilt
integration with the Duck Creek Platform, enabling insurers to
simplify and streamline claims workflows. Duck Creek Technologies
(Nasdaq: DCT) is a leading provider of core system solutions for
the property/casualty insurance industry.
The Duck Creek Platform now connects with XactAnalysis out of
the box through Duck Creek’s Content Exchange, the company’s online
marketplace for add-ons and services that enhance insurers’ digital
ecosystems. XactAnalysis is a powerful full-cycle claims system
provided by Xactware, a Verisk business. This accelerated
integration allows insurers to seamlessly transmit claims data
between the Duck Creek Platform and XactAnalysis, saving time and
eliminating the need to enter the same information into multiple
claims systems.
“Insurers are continually searching for ways to increase
efficiency and eliminate unnecessary steps in their workflows, and
this new-and-improved integration helps achieve that aim,” said
Jeff Wargin, Chief Product Officer at Duck Creek Technologies. “Now
mutual clients of Duck Creek and Verisk can reap the benefits of
this integration immediately after deployment without having to
spend weeks building a special integration to connect the two
systems.”
“We welcome the opportunity to offer this enhanced integration
with Duck Creek as part of our ecosystem of open, extendable
solutions,” Xactware President Mike Fulton said. “By augmenting the
integration between these two ecosystems, Duck Creek and Verisk are
improving the claims experience for both our insurer clients and
their policyholders.”
To learn more, visit Verisk.com or DuckCreek.com.
About VeriskVerisk (Nasdaq:VRSK) provides
predictive analytics and decision support solutions to customers in
the insurance, energy and specialized markets, and financial
services industries. More than 70 percent of the FORTUNE 100 relies
on the company’s advanced technologies to manage risks, make better
decisions and improve operating efficiency. The company’s analytic
solutions address insurance underwriting and claims, fraud,
regulatory compliance, natural resources, catastrophes, economic
forecasting, geopolitical risks, as well as environmental, social
and governance (ESG) matters. Celebrating its 50th anniversary, the
company continues to make the world better, safer and stronger, and
fosters an inclusive and diverse culture where all team members
feel they belong. With more than 100 offices in nearly 35
countries, Verisk consistently earns certification by Great Place
to Work. For more: Verisk.com, LinkedIn, Twitter, Facebook and
YouTube.
About Duck Creek TechnologiesDuck Creek
Technologies (Nasdaq: DCT) is a leading provider of core system
solutions to the P&C and General insurance industry. By
accessing Duck Creek OnDemand, the company’s enterprise
Software-as-a-Service solution, insurance carriers are able to
navigate uncertainty and capture market opportunities faster than
their competitors. Duck Creek’s functionally rich solutions are
available on a standalone basis or as a full suite, and all are
available via Duck Creek OnDemand.
For further information about Duck Creek Technologies, visit
www.duckcreek.com.
Media ContactMichelle
Pantina551-500-7327michelle.pantina@verisk.com
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