Accenture and Duck Creek Technologies Jointly Create Digital and Emerging Technology Solutions for Insurers
The companies have integrated Accenture’s IoT and analytics technologies with Duck Creek’s core platform and launched a blockchain proof-of-concept for medical bill auditing
“These new tools are the product of our focus on providing a new generation of digital solutions to our insurance clients working in collaboration with our joint venture partners,” said
Accenture’s Digital Insurance Solution Center has collaborated with
- Connected Platforms as-a-Service. The integration of telematics functions from “Connected Platforms as-a-Service,” Accenture’s Internet of Things platform, with the
Duck Creek insurance processing platform will support development of new models for insurance customers, such as purchasing per-trip micro-insurance policies directly through in-car head unit or driver’s mobile devices, and insurers seeing crash data directly through Duck Creek’s claims portal. - Intelligent Insurance Solution powered by AIP. The integration of the Accenture Insights Platform (AIP), an analytics-as-a-service platform, to the
Duck Creek platform has enabled an insurance-specific set of big data and advanced analytics technologies. This allows for predictive analytics and “next best action” for policy and claims processing as well as making it possible to combineDuck Creek data with unstructured third-party data to give insurers real-time insights on policies and claims. - Blockchain PoC. Accenture has developed an innovative blockchain proof of concept for
Duck Creek that will help enable insurers, medical providers, law firms and others to deploy an automated audit and reconciliation process for medical bills. The platform is designed to help reduce errors and fraudulent activity and to reduce processing times from up to a week to as little as one day.
Last year, Accenture sold a majority stake in Duck Creek Technologies to funds advised by
About Accenture
Accenture is a leading global professional services company, providing a broad range of services and solutions in strategy, consulting, digital, technology and operations. Combining unmatched experience and specialized skills across more than 40 industries and all business functions – underpinned by the world’s largest delivery network – Accenture works at the intersection of business and technology to help clients improve their performance and create sustainable value for their stakeholders. With approximately 425,000 people serving clients in more than 120 countries, Accenture drives innovation to improve the way the world works and lives. Visit us at www.accenture.com.
About Duck Creek Technologies
Duck Creek Technologies paves a genuine path to the future for P&C insurance companies. Decades of insurance experience underpin advanced technologies specifically designed to accommodate change—allowing carriers to navigate uncertainty and capture market opportunities faster than their competitors.
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Accenture
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Duck Creek Technologies
Source: Accenture
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