Duck Creek Technologies Named Leader In P&C Insurance Technology Space By Gartner

KUALA LUMPUR, Oct 18 (Bernama) -- Duck Creek Technologies, an intelligent solutions provider defining the future of the property and casualty (P&C) and general insurance industry, has been positioned by Gartner as a Leader in the 2024 Gartner “Magic Quadrant for SaaS P&C Core Platforms, North America”.

According to a statement, the evaluation was based on specific criteria that analysed the company’s overall completeness of vision and ability to execute.

Duck Creek Technologies Chief Executive Officer, Michael Jackowski said the company is honoured to be recognised again this year by Gartner as a Leader in the P&C insurance technology space.

He explained that the company’s low-code, configurable software as a service (SaaS) platform helps insurance carriers stand out in today's competitive market.

“We continue to enhance our platform through AI, machine learning and by bringing new solutions to carriers, including Payments Facilitator, to grow their business with speed, efficiency and an excellent customer experience.

“As we look ahead, we will continue to enrich our platform by providing more for carriers to stay ahead of their competition including eliminating upgrades through Active Delivery and increasing efficiency and scalability with multi-tenancy,” said Jackowski.

Magic Quadrant reports are a culmination of rigorous, fact-based research in specific markets, providing a wide-angle view of the relative positions of providers in markets where growth is high and provider differentiation is distinct.

Providers are positioned into four quadrants, namely Leaders, Challengers, Visionaries and Niche Players. The research enables businesses to get the most from market analysis in alignment with their unique business and technology needs.

-- BERNAMA