Insurtech and intelligence solutions provider Duck Creek has announced the release of software packages and implementation accelerators localised for the New Zealand insurance market.
A statement from Duck Creek said these new offerings are “the first of many” planned releases as the company continues its investment and expansion in the Asia-Pacific region.
“Our growing success in the Australian market is a launchpad to deliver a market-leading insurance solution with country-specific content made for the New Zealand market,” said Ella Jurotte, product manager for Asia-Pacific at Duck Creek Technologies.
Part of this initial release are the Geographic Format New Zealand accelerator and the New Zealand Base Layer, which includes features such as address block support across policy, party, and claims, as well as policy and billing rating structures in line with local government guidelines.
These market-specific offerings will be made available to all New Zealand customers via Duck Creek’s Solution Centre.
“We are investing in local content to de-risk our client implementations and ongoing maintenance. In line with this philosophy, we are proud to release our New Zealand Layer for Duck Creek’s core suite of products,” said Shaji Sethu, managing director for Asia-Pacific at Duck Creek Technologies. “Launching the local layer demonstrates our commitment to the region and the investments we are making through our regional product development teams, as we strive to decrease the total cost of ownership for our SaaS customers.”
