Company Description
Duck Creek Technologies, Inc. provides software-as-a-service core systems to the property and casualty insurance industry in the United States and internationally.
The company provides Duck Creek Policy, a solution that enables insurers to develop and launch new insurance products and manage various aspects of policy administration ranging from product definition to quoting, binding, and servicing; Duck Creek Billing that provides payment and invoicing capabilities, such as billing and collections, commission processing, disbursement management, and general ledger capabilities for insurance lines and bill types; and Duck Creek Claims that supports entire claims lifecycle from first notice of loss through investigation, payments, negotiations, reporting, and closure.
It also offers Duck Creek Rating that allows carriers to develop new rates and models and deliver quotes in real-time based on the complex rating algorithms; Duck Creek Insights, an insurance analytics solution that allows carriers to gather and analyze data from internal and external sources and facilitate analysis and reporting on a single system; Duck Creek Digital Engagement that offer digital interactions between property and casualty insurers and their agents, brokers, and policyholders; and Duck Creek Distribution Management that automates sales channel activities for agents and brokers, including producer onboarding, compliance, and compensation management.
In addition, the company provides Duck Creek Reinsurance Management that automates financial and administrative functions; and Duck Creek Industry Content that provides pre-built content, including base business rules, product designs, rating algorithms, data capture screens, and workflows for insurance lines of business, such as commercial auto, inland marine, and workers compensation.
It has a partnership with Shift Technologies, Inc. to implement AI fraud detection. The company was founded in 2016 and is based in Boston, Massachusetts.
| Country | United States |
| Founded | 2016 |
| IPO Date | Aug 14, 2020 |
| Industry | Software - Application |
| Sector | Technology |
| Employees | 1,883 |
| CEO | Mr. Michael A. Jackowski |
Contact Details
Address: 555 17th Street, Suite 3700, Attn: Mark Skomal Or Marilyn Cartwright Denver, Colorado 80202 | |
| Phone | (303) 597-2400 |
| Website | duckcreek.com |
Stock Details
| Ticker Symbol | DCT |
| Exchange | NASDAQ |
| Fiscal Year | September - August |
| Reporting Currency | USD |
| IPO Price | $27.00 |
| CIK Code | 0001170991 |
| CUSIP Number | 264120106 |
| ISIN Number | US2641201064 |
| Employer ID | 82-0538520 |
| SIC Code | 6798 |
Key Executives
| Name | Position |
|---|---|
| Michael A. Jackowski | Chief Executive Officer and Director |
| Eugene Van Biert Jr. | Chief Operating Officer |
| Kevin Rhodes | Chief Financial Officer |
| Nageswaran Vaidyanathan | Chief Technology Officer |
| Christopher R. Stone | Chief Legal Officer, General Counsel and Secretary |
| Jeffrey Howard Winter | Chief Marketing Officer |
| Courtney Townsend | Chief People Officer |
| Shrikant M. Maniar | Managing Director of India |
| Shaji Sethu | Managing Director of Asia Pacific |
| Shreyas Vasanthkumar | Managing Director of EMEA |
Latest SEC Filings
| Date | Type | Title |
|---|---|---|
| Nov 9, 2018 | 15-12B | Securities registration termination |
| Sep 10, 2018 | SC 13G/A | [Amend] Statement of acquisition of beneficial ownership by individuals |
| Aug 28, 2018 | SC 13G | Statement of acquisition of beneficial ownership by individuals |
| Aug 22, 2018 | 25-NSE | Filing |
| Aug 22, 2018 | 8-K | Current Report |
| Aug 3, 2018 | 10-Q | Quarterly Report |
| Aug 2, 2018 | DEFA14A | Additional definitive proxy soliciting materials and Rule 14(a)(12) material |
| Aug 2, 2018 | 8-K | Current Report |
| Jul 11, 2018 | DEFM14A | Filing |
| May 15, 2018 | 425 | Filing |