MEMIC selects Duck Creek Technologies Solution

Best of Breed Solution key in MEMIC’s decision to implement Duck Creek for workers’ compensation

Bolivar, MO - June 3, 2009 - Duck Creek Technologies, Inc., a leading provider of software and services for the insurance industry, today announced that MEMIC has chosen Duck Creek Rating™ Solution.  The Duck Creek solution is built on a tool-based architecture and will be implemented as a best-of-breed rating solution.  The selection of Duck Creek Rating is an integral component to MEMIC’s initiative to continuously provide its independent agents, an easy to use streamlined process to quote and rate MEMIC’s workers’ compensation products.

With its configuration and rules-engine approach, the Duck Creek solution will enable MEMIC to achieve self-sufficiency and require minimal dependence on Duck Creek for ongoing product changes.  The phased implementation will begin with two states and continue with the goal of converting all MEMIC workers’ compensation lines to the new rating solution for the 46 states in which MEMIC writes business.

Gary Baxter, CIO with MEMIC Insurance, commented, “After an extensive analysis of the market we selected Duck Creek Rating™ Solution because it offered the best approach for us and is built on a .NET architecture.   This new rating solution will allow our agents to easily rate and quote while further enhancing our agent-centric culture.”

Steve Hall, CEO of Duck Creek Technologies, said, “We welcome MEMIC into our growing family of customers and are pleased that our streamlined solution offers MEMIC the ability to provide a high-level of service to their independent insurance agents.”

About MEMIC

Specializing in workers' compensation insurance, MEMIC insures more than 20,000 employers and their estimated 200,000 employees. Based in the Northeast, MEMIC is the leading workers' compensation insurer in Maine through Maine Employers Mutual Insurance Company which is rated A (Excellent) by A.M. Best. MEMIC Indemnity Company, rated A (Excellent) by A.M. Best, has offices in Manchester, NH; Glastonbury, CT; and Albany, NY. The company is licensed to write workers' compensation in 45 states plus the District of Columbia.

About Duck Creek Technologies®

Duck Creek Technologies, Inc. is a leading provider of software and services to the insurance industry, providing next-generation policy administration, sales automation, billing, 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.

For more information, visit www.duckcreektech.com or call 866-382-5832.

Contact:

Jaye Tower
[email protected]
1-860-676-2328 ext.4240