Underpinned by Duck Creek’s OnDemand SaaS offering, solution returns multiple rates to online users in seconds
Responsible for regulating
With Duck Creek’s
“Over 95 percent of users have reported a positive experience after using the Green Slip Price Check website. The introduction of new technologies and innovations, such as the
“The Green Slip Price Check website is helping to drive competition in the CTP market by making it easier for motorists to compare prices and switch insurers if they find a better deal,"
“In the local market, it is refreshing to see a government agency taking innovative steps to digitize the entire supply chain (from insurer to consumer) in order to drive benefits for the citizens of NSW,” said
“SIRA’s next generation portal for coverage and price comparison is a great example of regulation working to provide cost transparency to citizens through the use of technology,” said
Duck Creek’s back-end Rating solution was integrated with an independent front-end user interface that offers pricing comparisons at up to 10,000 quotes per hour. Also, Duck Creek’s easy-to-use configuration and automated testing tools have enabled SIRA to process insurers’ new pricing filings more rapidly.
“It’s fantastic to see SIRA using Duck Creek Rating OnDemand to power their new consumer portal,” said
SIRA is a new government organisation responsible for the regulatory functions in relation to workers compensation insurance, motor accidents compulsory third party (CTP) insurance and home building compensation. http://www.sira.nsw.gov.au
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 than their competitors.
Source: Duck Creek Technologies