Duck Creek Technologies has expanded its partnership network by naming Xceedance as a primary reinsurance partner.
Xceedance, with its technology service solutions, has already established partnerships with three of Duck Creek’s reinsurance clients in Australia, the United Kingdom, and the United States. The company specializes in providing operational support, technology solutions, and data analytics services.
The announcement follows Duck Creek’s recent integration with Lloyd’s Outwards Reinsurance Scheme (LORS), aimed at supporting ceding reinsurance clients through Duck Creek Reinsurance. This move is part of a strategic effort to offer additional expertise and resources for reinsurance projects, moving away from traditional reliance on spreadsheets and outdated systems.
Julien Victor, managing director of reinsurance management at Duck Creek Technologies, highlighted the company’s dedication to driving transformation in the reinsurance sector.
“Through deploying innovative insurtech and cultivating a robust partner ecosystem, we aim to ensure long-term business success for our customers,” Victor said. “Our unwavering dedication lies in adding direct value to the insurance industry, driving positive change within the industry, and assisting our customers in navigating market challenges with unparalleled insurance proficiency and intelligent technology.”
Amit Tiwari, president of EMEA & APAC regions for Xceedance, also remarked on the benefits of the partnership with Duck Creek Technologies.
“Duck Creek’s commercial reinsurance technology solution transforms and enhances key operations – from contract management to claims, accounting, and reporting,” Tiwari said. “This empowers our shared clients across APAC, EMEA, and North America to elevate operational efficiency, harness data strategically, and drive critical business outcomes. Our in-depth understanding of the reinsurance industry and our capability to cater to varied international markets uniquely equip us to address the intricate demands of the global re/insurance sector.”
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