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Duck Creek Technologies

#3551

Rank

$2.52B

Marketcap

US United States

Country

Duck Creek Technologies
Leadership team

Mr. Kevin Rhodes (Chief Financial Officer)

Mr. Michael A. Jackowski (CEO & Director)

Mr. Eugene Van Biert Jr. (Chief Operating Officer)

Products/ Services
Finance, Insurance, SaaS, Software
Headquarters
Boston, Massachusetts, United States
Established
2000
Company Registration
SEC CIK number: 0001160951
Revenue
100M - 500M
Traded as
DCT
Social Media
Overview
Location
Summary
Duck Creek Technologies, Inc. provides software-as-a-service core systems to the property and casualty insurance industry in the United States and internationally. The company provides Duck Creek Policy, a solution that enables insurers to develop and launch new insurance products and manage various aspects of policy administration ranging from product definition to quoting, binding, and servicing; Duck Creek Billing that provides payment and invoicing capabilities, such as billing and collections, commission processing, disbursement management, and general ledger capabilities for insurance lines and bill types; and Duck Creek Claims that supports entire claims lifecycle from first notice of loss through investigation, payments, negotiations, reporting, and closure. It also offers Duck Creek Rating that allows carriers to develop new rates and models and deliver quotes in real-time based on the complex rating algorithms; Duck Creek Insights, an insurance analytics solution that allows carriers to gather and analyze data from internal and external sources and facilitate analysis and reporting on a single system; Duck Creek Digital Engagement that offer digital interactions between property and casualty insurers and their agents, brokers, and policyholders; and Duck Creek Distribution Management that automates sales channel activities for agents and brokers, including producer onboarding, compliance, and compensation management. In addition, the company provides Duck Creek Reinsurance Management that automates financial and administrative functions; and Duck Creek Industry Content that provides pre-built content, including base business rules, product designs, rating algorithms, data capture screens, and workflows for insurance lines of business, such as commercial auto, inland marine, and workers compensation. It has a partnership with Shift Technologies, Inc. to implement AI fraud detection. The company was founded in 2016 and is based in Boston, Massachusetts.
History

Duck Creek Technologies was founded in 2000, and is headquartered in Exton, PA. The company is backed by technology-focused equity firms Battery Ventures, BV Investment Partners, and FTV Capital.

Mission
We power people to shape the future of insurance. We're in the business of technology, but we also know that technology is a means to a bigger, more hopeful purpose–to incubate the ideas that will make insurers faster, smarter, and stronger; to enable people to realize their full potential; and to insure the possible, today and tomorrow.
Vision
Our vision is of ever-faster, smarter and more invisible technologies that power human creativity and ingenuity far into the future.
Key Team

Mr. Jeffrey Howard Winter (Chief Marketing Officer)

Mr. Nageswaran Vaidyanathan (Chief Technology Officer)

Mr. Christopher R. Stone (Chief Legal Officer, Gen. Counsel & Sec.)

Mr. Shreyas Vasanthkumar (Managing Director of EMEA)

Ms. Courtney Townsend (Chief People Officer)

Mr. Shrikant M. Maniar (Managing Director of India)

Mr. Shaji Sethu (Managing Director of Asia Pacific)

Recognition and Awards
Duck Creek Technologies won 3 awards in 2022 and 2 awards in 2021. In 2022, Duck Creek Technologies won for Best Leadership Teams 2022, Best CEOs for Diversity 2022 and Best Global Culture 2022. In 2021, Duck Creek Technologies won for Best CEO 2021 and Best Company Perks & Benefits. Based on 146 ratings and 6 participants, employees at Duck Creek Technologies are satisfied with their work experience. The overall culture score, 70/100 or B-, incorporates employee ratings based on their feedback on the Professional Development, Environment, Manager and more.
References

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Duck Creek Technologies
Leadership team

Mr. Kevin Rhodes (Chief Financial Officer)

Mr. Michael A. Jackowski (CEO & Director)

Mr. Eugene Van Biert Jr. (Chief Operating Officer)

Products/ Services
Finance, Insurance, SaaS, Software
Headquarters
Boston, Massachusetts, United States
Established
2000
Company Registration
SEC CIK number: 0001160951
Revenue
100M - 500M
Traded as
DCT
Social Media