Thursday, 10 August 2023

DUCK CREEK EXPANDS TO INDIAN MARKET OFFERING GLOBAL CORE TECHNOLOGY PLATFORM



KUALA LUMPUR, Aug 10 (Bernama) -- Duck Creek Technologies India LLP, a subsidiary of Duck Creek Technologies, announced a historical milestone with its expansion into the Indian general insurance market.

Duck Creek Technologies India LLP now offers India-based insurers the ease, convenience and power of modern cloud-based Software-as-a-Service (SaaS), delivered as a full suite of capabilities or as stand-alone solutions.

With this expansion, Duck Creek reinforces its market commitment by establishing its data centre in India, supported by nearly 1,000 local employees, according to a statement.

“Duck Creek is truly excited to enter the Indian insurance market with our global solutions. We want to empower insurance companies in India with hyper-personalised insurance solutions that help customers buy or service insurance from any device and anytime,” said Duck Creek Technologies Managing Director APAC, Shaji Sethu.

In partnership with its first core systems full-suite India-based insurance customer, HDFC ERGO General Insurance Company Limited (HDFC ERGO), Duck Creek will deploy its intuitive, user-friendly and powerful solutions.

This is to empower HDFC ERGO to take new products to market faster and significantly improve their customers’ experience throughout the policy lifecycle and across the insurer’s entire portfolio.

In addition, Duck Creek's products and solutions will holistically bring a competitive advantage to HDFC ERGO across its entire system, portfolio and operations.

HDFC ERGO President and Chief Technology Officer, Sriram Naganathan said the partnership with Duck Creek Technologies India LLP is a crucial step towards unlocking the full potential of the company’s wide insurance solutions and enabling it to offer efficient delivery and more convenience for its customers.

Drawing on its experience supporting the world’s largest insurers and reinsurers, Duck Creek will offer its suite of SaaS-based core insurance delivery solutions to help Indian general insurers innovate and modernise their products and services.

-- BERNAMA

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