Duck Creek Technologies, Inc.

Duck Creek Technologies, Inc.

DCT
Duck Creek Technologies, Inc.US flagNASDAQ Global Select
18.99
USD
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- -
2.52BMarket Cap
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Capital Structure

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Dividends Per Share

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Company Description

APIChat
CEO
Michael A. Jackowski
Full Time Employees
1,883
Sector
Technology
Industry
Software - Application
Address
22 Boston Wharf Road South Boston MA United States of America 02127
IPO Date
Jan 4, 2019
Business
Duck Creek Technologies delivers comprehensive software-as-a-service core systems tailored for the property and casualty and general insurance sector worldwide. The company provides a suite of cloud-native solutions, including its Policy platform, which empowers carriers to develop new offerings and efficiently manage policy administration from product definition through quoting and servicing. Its Billing component facilitates robust payment and invoicing, encompassing collections, commission processing, and general ledger capabilities for various insurance lines. Duck Creek Claims manages the entire claims journey, from initial loss notification to investigation, payments, and final resolution. Further extending its capabilities, Duck Creek offers its Rating solution, enabling insurers to build new rates and models to deliver real-time quotes based on intricate algorithms. Duck Creek Insights provides an advanced analytics platform, allowing carriers to aggregate and analyze diverse data sources to inform decision-making and reporting. The Digital Engagement solution fosters seamless interactions between insurers, agents, brokers, and policyholders. Additionally, Duck Creek Distribution Management streamlines sales channel activities such as producer onboarding, compliance, and compensation. The company also offers Reinsurance Management for automating financial and administrative functions, and Industry Content, which delivers pre-configured business rules, product designs, and workflows for specific insurance lines like commercial auto and workers' compensation. A notable development includes its 2024 acquisition of Risk Control Technologies, enhancing its offerings with robust risk management and loss prevention solutions. The company collaborates with industry leaders, including a strategic partnership with Microsoft Azure OpenAI Service, to embed generative artificial intelligence capabilities, accelerating implementation and market speed for insurers. Founded in 2000 and based in Boston, Massachusetts, Duck Creek Technologies continues to innovate its cloud-based platform, supporting agile, intelligent, and evergreen operations for its global clientele. The company was acquired by Vista Equity Partners in 2023, transitioning to private ownership. It has also consistently been recognized as a leader in its field, including being positioned in the 2025 Gartner® Magic Quadrant™ for SaaS P&C Insurance Core Platforms.

Company News

APIChat
  • Digital Convergence Technologies (DCT) Joins Akamai Partner Connect Program

  • Zelis® Accelerates Expansion into P&C Market with Duck Creek Partnership to Modernize Claims Payments

  • InvoiceCloud and Duck Creek Technologies Announce Integrated Solution to Support Digital Transformation for Insurers Across the Country

  • HDFC ERGO Becomes India's First Insurer to Service Health Insurance Using Duck Creek OnDemand

  • PURE Insurance Enhances Member Billing Experience with Upgrade to Duck Creek Billing

  • HDFC ERGO General Insurance Wins Duck Creek Standard of Excellence Customer Award at Formation '25

  • Duck Creek Technologies Announces Tyler Jones as Chief Marketing Officer

  • InvoiceCloud to Sponsor Duck Creek Technologies' Formation '25 Event

  • Duck Creek Technologies Appoints General Daniel Hokanson, USA, Ret. to Board of Directors

  • RAA and Duck Creek Technologies announce new SaaS core insurance delivery technology partnership

  • Duck Creek Hosts Annual One Duck Summit to Build a Future of Belonging, Inclusion, and Innovation

  • Duck Creek Technologies Partners with Worldpay to Enhance Payments Solutions

  • Duck Creek Technologies Receives Insurance Business America's 2025 5-Star Diversity, Equity, and Inclusion Award for Third Straight Year

  • ITC London: Duck Creek Technologies Hosts “Forecasting the Future of Commercial Lines Insurance” Roundtable

  • Duck Creek partners with Suncorp to deliver a suite of cloud-native, low-code core insurance delivery solutions

  • Duck Creek Establishes Center of Excellence in Poland to Enhance Global Support for Customers

  • Philips Spectral CT 7500 RT, world's first spectral 4DCT respiratory-gated imaging receives FDA 510(k) clearance

  • Duck Creek Technologies to Host Third-Annual “One Duck Creek-India Inclusion Summit” in Mumbai

  • Duck Creek Technologies Selected to Deliver MDA National's New Policy Admin, Billing and Data Solutions

  • Duck Creek Technologies Acquires Risk Control Technologies to Deliver Comprehensive Risk Management and Mitigation Solutions