Insurance Corporation of British Columbia Selects Duck Creek Rating
- Monday, November 29, 2010, 22:20
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Duck Creek Rating™ Chosen for Product Definition Capabilities and Ease of Implementation
BOLIVAR MO—November 18, 2010 /VOCUS/ — Duck Creek Technologies, Inc. (Duck Creek), a provider of innovative software and services for the insurance industry, announced it has signed an agreement with The Insurance Corporation of British Columbia (ICBC), to license Duck Creek Rating™.
ICBC is a provincial Crown corporation established in 1973 to provide universal auto insurance to British Columbia motorists. They are also responsible for driver licensing, and vehicle licensing and registration.
ICBC was seeking new rating technology to help improve its flexibility and speed to market for new products and rating changes to respond more quickly to customer needs.
“There are many vendors in the insurance technology marketplace. We wanted to make sure that we chose the right business partner for ICBC and our customers, considering costs, technology, and the culture of the company we would be working with,” stated Kellee Irwin, vice president, underwriting, ICBC. “We felt that Duck Creek was a great fit in all areas.”
“We are pleased that Duck Creek was chosen by ICBC to provide its new rating system,” commented Steve Hall, Duck Creek’s president and CEO. “ICBC’s commitment to their customers is unparalleled. We are looking forward to partnering with their team on this project.”
About ICBC
ICBC serves 3.2 million customers in the province of British Columbia, Canada. ICBC licenses and insures drivers and vehicles across the province through its service centres, plus a network of more than 900 independent brokers and government agent offices. Claims customers are served through local offices and an award-winning Dial-a-Claim call centre. ICBC’s road safety investments help create safer roads, lead to fewer crashes, and help keep rates stable. To find out more, visit icbc.com.
About Duck Creek Technologies, Inc.
Duck Creek is a provider of innovative software and services to the insurance industry, providing next-generation policy administration, product configuration and definition, 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 and its subsidiary, Duck Creek Technologies Europe Ltd, has an office in the United Kingdom.
For more information, visit www.duckcreektech.com or call .
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