Filed Under:Agent Broker, Agency Management

Duck Creek Technologies acquires data management solution company

Duck Creek Technologies said it has acquired insurance data management solution company Yodil, LLC.
Duck Creek Technologies said it has acquired insurance data management solution company Yodil, LLC.

Columbia, South Carolina-based Duck Creek Technologies said it has acquired Charlotte, North Carolina-based insurance data management solution company Yodil, LLC.

Terms of the transactions were not disclosed.

Yodil was founded in 2010, and offers business intelligence, data warehousing, data quality and data governance solutions for property and casualty, workers’ comp and specialty lines of insurance.

Related: 5 tips for insurers to successfully implement new technology

“The combination of Duck Creek Insights with the Yodil Platform creates the data management standard for our industry,” said Michael A. Jackowski, CEO of Duck Creek Technologies. “Yodil’s great team of data experts and software engineers share our passion to provide the best technology to our customers.”

"Yodil’s vision has been to offer a core system for data,” said Frederick Waite, CEO of Yodil. "Being part of Duck Creek realizes that vision, and will empower carriers to gain accurate insights into their business from virtually all of the data resources they employ, internal and external.”

Duck Creek Technologies was founded in 2000, and offers comprehensive P&C insurance software and services for insurers of all sizes worldwide via the cloud or on premises.

Related: Fully leveraging data analytics in insurance

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