|[April 11, 2017]
Dovetail Insurance and Duck Creek Technologies Announce Strategic Relationship
Dovetail Insurance, an innovative provider of insurance services to the
small commercial market and a subsidiary of Marsh, a leading insurance
broker and risk advisor, announced today that it has entered into a
strategic relationship with Duck Creek Technologies, a leading provider
of technology services for the insurance industry.
Duck Creek will assume responsibility for managing and developing the
technology underlying Dovetail's proprietary platform. Dovetail's
platform enables independent insurance agents to deliver better, more
efficient service and an expanded product selection to their clients,
while providing insurance carriers with a new channel to distribute
their products. The relationship with Duck Creek will provide Dovetail
with increased technology resources and the capability to scale its
business more rapidly.
"Duck Creek's sophisticated technology will enhance the speed and
quality of our service delivery," said Dovetail Insurance CEO Rich Drab.
"We believe that this strategic relationship is a win-win for carriers,
agents and their clients."
"The pace of innovation in insurance distribution continues to increase
as technology plays a greater role," said John Drzik, president of
Global Risk & Specialties at Marsh. "Dovetail's strategic relationship
with Duck Creek accelerates our ability to bring new and better
solutions to the small commercial market."
"Working with Marsh and Dovetail on this initiative brings together many
of the aspects that make Duck Creek unique - a deep understanding of the
P&C marketplace and its potential for innovation; modern, highly
configurable software that is inherently built for change; and the
ability to get carriers and their partners to the cloud quickly and in a
model that best supports their strategy," said Curt Stevenson, Chief
Digital Officer of Duck Creek Technologies. "We're also thrilled to help
advance a technology platform that better meets the needs of the
burgeoning small commercial marketplace."
is a global leader in insurance broking and risk management. Marsh helps
clients succeed by defining, designing and delivering innovative
industry-specific solutions that help them effectively manage risk.
Marsh's approximately 30,000 colleagues work together to serve clients
in more than 130 countries. Marsh is a wholly owned subsidiary of Marsh
& McLennan Companies (NYSE: MMC), a global professional services
firm offering clients advice and solutions in the areas of risk,
strategy, and people. With annual revenue of US$13 billion and
approximately 60,000 colleagues worldwide, Marsh & McLennan Companies is
also the parent company of Guy
Carpenter, a leader in providing risk and reinsurance intermediary
a leader in talent, health, retirement, and investment consulting; and Oliver
Wyman, a leader in management consulting. Follow Marsh on Twitter (News - Alert), @MarshGlobal;
About Duck Creek Technologies
Creek Technologies is a leading provider of comprehensive Property &
Casualty insurance software and services for insurers of all sizes
worldwide. Employing progressive technology, Duck Creek solutions enable
insurers to optimize outcomes and enhance engagement through advanced
digital and data capabilities and integrated functionality that can be
delivered via the cloud or on premise. For more information, visit www.duckcreek.com
or follow Duck Creek Technologies on Twitter, @DuckCreekTech
View source version on businesswire.com: http://www.businesswire.com/news/home/20170411005928/en/
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