Boston, Aug. 24, 2022 (GLOBE NEWSWIRE) — Duck Creek Technologies (DCT), the smart solutions provider defining the future of property and casualty insurance, announces an expanded integration with Verisk (VRSK), a leading global data provider. ‘analyzes. Duck Creek customers are extremely focused on getting insurance quotes to small business owners as quickly as possible, and Verisk’s new Lightspeed® Small Commercial accelerator will make it easier for agents to do business with them.
Anywhere integration enables Duck Creek Businessowner model customers to leverage Verisk’s API and access actionable underwriting insights from unstructured data sources developed with artificial intelligence and machine learning automatique. LightSpeed Small Commercial dramatically improves data quality and streamlines the quote process by providing critical underwriting information on nearly every small business in the country.
With just a business name and address, LightSpeed Small Commercial integrates seamlessly to provide the information needed to perform highly accurate automated underwriting. The solution enables carriers to close new deals in seconds rather than days, helping to increase profitability, improve customer experience and grow their portfolio.
“We are delighted to extend our partnership with Verisk and are confident that this new Anywhere integration will help extend the value of our product offerings, enabling our customers to improve their underwriting results,” said Jess Keeney, Chief products, Duck Creek. “Verisk is uniquely positioned to help ensure smooth integration and ongoing, responsive support, which is paramount to us in meeting our customers’ needs.”
“In the rapidly changing small business market, insurers need easy access to a holistic view of risk based on solid data and advanced analytics,” said Doug Caccese, President of Risk Assessment Solutions. and underwriting at Verisk. “By expanding Verisk’s integration with Duck Creek, we’re helping insurers enhance their underwriting with essential information, and making the insurance buying process easier and faster for today’s busy business owners. today.”
About Duck Creek Technologies
Duck Creek Technologies (DCT) is the smart solutions provider defining the future of the property and casualty insurance industry. We are the platform on which modern insurance systems are built, enabling the industry to capitalize on the power of the cloud to run agile, intelligent and scalable operations. Authenticity, purpose, and transparency are at the heart of Duck Creek, and we believe insurance should be there for individuals and businesses when, where, and how they need it most. Our market-leading solutions are available on a standalone basis or as a full suite, and all are available through Duck Creek OnDemand. Visit www.duckcreek.com to learn more. Follow Duck Creek on our social media for the latest information – LinkedIn and Twitter.
Verisk (VRSK) provides data-driven insights and analytical solutions for the insurance and energy industries. Through advanced data analytics, software, scientific research and deep industry knowledge, Verisk enables customers to enhance operational efficiency, improve underwriting and claims results, fight fraud and make informed decisions on global issues, including climate change and extreme events as well as policy and ESG. the subjects. With offices in over 30 countries, Verisk consistently achieves Great Place to Work certification and fosters an inclusive culture where all team members feel like they belong. To learn more, visit Verisk.com and the Verisk Newsroom.