Today Duck Creek Technologies, the global providers of P&C insurance software and services based in Bolivar, Missouri, officially announced that the international consulting and outsourcing company Capgemini has become a Platinum Delivery Partner.
In the continuous effort by insurers to forge innovative partnerships that can help bring the power of technology to insurance services worldwide, this announcement arrives on the heels of recent news that the American Association of Insurance Services (AAIS) also joined Duck Creek's Global Alliance Program (as a Solution Partner).
The deal with Capgemini, which is based in Paris, also follows that company's recent acquisition in February of TCube Solutions, Inc., an insurance IT services firm and the largest independent service provider specializing in Duck Creek implementations.
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Strategic goal realized
"Over the past several years, we have developed and enhanced what we believe is a world glass alliance organization," Eddie Jones, Duck Creek's vice president of Strategy and Alliances, said recently to PC360.
"It's critically important to our customers to have great choices throughout the long life cycle of the software that they deploy," Jones added. "This partnership is a reflection of that."
Seth Rachlin, senior vice president of Capgemini's P&C division, said the partnership reflects a long-awaited and hard-fought business milestone.
"We built what we believe the industry's leading platform," he said. "This is a natural marriage brought together by a combination of client demand… and capabilities."
Both companies view the deal as a way to grow their global footprint.
An ever-changing market
Jack Dugan, executive vice president and global head of insurance for Capgemini's Financial Services Business Unit, echoed that sentiment in a press release about the deal.
"Our Duck Creek alliance partnership and our recent acquisition of TCube Solutions enhances Capgemini's position as a trusted and innovative end-to-end business transformation leader in the insurance industry," Dugan said.
Capgemini has also developed advanced IP accelerators for quality assurance, analytics and development operations, in addition to its reinsurance model and plans, to aggressively grow its asset catalog. Each is aimed at accelerating implementation, lowering project risk, and streamlining customer costs while leveraging Capgemini's delivery centers around the world.
"Capgemini's rapid achievement of Duck Creek Platinum Delivery Partner status and its recent acquisition of TCube Solutions demonstrates their belief in the strength and flexibility of Duck Creek' solutions," Duck Creek Technologies CEO Michael A. Jackowski said in the statement reference above. "Our solutions together with their expertise can help our customers meet the rapid change facing the P&C market."
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