Duck Creek Technologies and Auto-Owners Insurance Company Celebrate Five-Years of Successful Business
Bolivar, MO, September 30, 2008 - Duck Creek Technologies, a leading provider of software and service solutions for the insurance industry, today announced that the Auto-Owners Insurance Company and Duck Creek Technologies celebrated the fifth anniversary of their business relationship on Friday, August 1, 2008, at Auto-Owners’ corporate offices in Lansing, Michigan.
Auto-Owners planned and hosted a luncheon celebration, with about 40 of their employees attending from various departments including Information Technology, Actuarial, and Underwriting. “Our hosts went all out and we shared many fun and positive stories that have taken place with our companies over the years”, said Doug Roller, Chairman of Duck Creek. “This has been a win-win relationship since the beginning,” said Bob Buchanan, Senior Vice-President of Information Technology at Auto-Owners. “We wanted to formally thank Duck Creek for truly being a great partner for the past five years.”
Since signing five years ago, Auto-Owners has leveraged Duck Creek’s rating solution to support its Web portals, quoting systems, rate-modeling systems, and policy administration systems. Auto-Owners initial implementations included automobile and personal property lines. They have since added garage liability, dealers blanket, business owners, workers compensation, and executive umbrella and now Auto-Owners processes approximately $3.1 billion direct written premium within the Duck Creek Solution. Auto-Owners is represented by over 6,100 agencies in 25 states, with most of those agents using the online quoting systems supported by the Duck Creek rating solution. Duck Creek also supports Auto-Owners’ 1,500+ internal users who process over 50,000 transactions a day. “I have been very pleased with both the performance of Duck Creek's rating engine solution, as well as their customer support,” Buchanan commented. “Having Duck Creek as a key component in our core systems has enabled us to rate up to 160 policies per second in a batch environment. The speed of our Duck Creek rating solution has allowed us to transform many of our batch policy processes into real-time.” About Auto-Owners Insurance Company For more information, visit www.auto-owners.com. About Duck Creek Technologies® For more information, visit www.duckcreektech.comor call 866-382-5832. Contact: Jaye Tower
Auto-Owners Insurance Company ranks among the largest in the nation and is the largest property and casualty mutual insurance company domiciled in Michigan. Comprised of five property and casualty companies and one life/health/annuity insurer, they are represented by more than 6,100 independent agencies in the 25 states in which they write business. Total associates exceed 3,400. With more than 4.4 million policies in force, the Companies enjoy the highest possible ratings assigned by nationally recognized, independent rating authorities. In 2003, the Group joined the Fortune 500 and ranks as the 465th largest company in America.
Duck Creek Technologies, Inc. is a leading provider of software and services to the insurance industry, providing next-generation policy administration, sales automation, product definition & configuration, and rating for the Property & Casualty and Healthcare insurance markets. Duck Creek is dedicated to enabling customers to develop insurance products and to sell and service those products in their chosen markets with unprecedented speed to market, flexibility, reach and quality. Founded in 2000, Duck Creek is headquartered in Bolivar, Missouri, and has multiple offices within the United States, with its affiliate and licensing partner in Europe, the Middle East and Africa, Duck Creek Technologies Europe Ltd., headquartered in London.
towerja@duckcreektech.com
1-860-676-2328 ext. 4240
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