Insurer employs Accenture Duck Creek Policy Administration and Accenture Duck Creek Rating to process specialty lines
NEW YORK; Oct. 31, 2011 � Accenture (NYSE: ACN) announced today that American Safety Administrative Services Inc. (American Safety) is now in production and processing casualty risk policies, using a newly deployed Accenture Duck Creek software platform. The policies are issued by American Safety’s affiliated insurer, American Safety Indemnity Company, and employs Accenture Duck Creek Policy Administration and the Accenture Duck Creek Rating � part of Accenture’s industry-leading Property & Casualty (P&C) software suite.
American Safety Indemnity is a specialty insurance company that provides customized insurance products and solutions for businesses and industries underserved by the standard insurance market. These products include environmental liability, surplus lines property and primary and excess casualty, among others.
“The complexity of our products made it imperative for us to have a robust product configuration tool,” said Julia Davis, CIO of American Safety. “We went through a rigorous vendor selection process and felt that the Accenture Duck Creek software suite had the right mix of functionality and technological capability. We’re pleased with how the implementation has progressed.”
“We’re excited to see American Safety go into production,” said Michael A. Jackowski, global managing director of Accenture Software for P&C Insurance. “The flexible tools and scalable technology in the Accenture Duck Creek products will support American Safety’s product development initiatives going forward.”
On August 23, 2011, Accenture announced that it completed its acquisition of Duck Creek Technologies. Duck Creek is integrated into Accenture Software.
Accenture is a global management consulting, technology services and outsourcing company, with approximately 236,000 people serving clients in more than 120 countries. Combining unparalleled experience, comprehensive capabilities across all industries and business functions, and extensive research on the world’s most successful companies, Accenture collaborates with clients to help them become high-performance businesses and governments. The company generated net revenues of US$25.5 billion for the fiscal year ended Aug. 31, 2011. Its home page is www.accenture.com.
Accenture Software combines deep technology acumen with industry knowledge to develop differentiated software products. It offers innovative software-based solutions to enable organizations to meet their business goals and achieve high performance. Its home page is www.accenture.com/software.