Duck Creek Reinsurance

Centralize, streamline and automate all your reinsurance processes.

Reinsurance Management Made Smart

Duck Creek Reinsurance tracks all information related to your reinsurance contracts (treaties and facultative policies, claims, incidents, accounting data, technical data, auxiliary data, financial data, and more). Manage all your contracts from underwriting to endorsements and renewals in a flexible solution using multiple currencies and GAAP requirements.

 

Benefits

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Maximize Recoverables and Reduce Claims Leakage

Identify all claims meant to be covered by reinsurance by accurately calculating recoveries, and rapidly creating reinsurance bills. Ensure all reinsurance ceded or assumed achieves its intended goals of helping reinsurers and brokers manage risks and making available the capital needed to support those risks.

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Improve Process for Contract Certainty

Digitally transforming reinsurance administration creates opportunities to strategically leverage data in ways that were previously extremely difficult. With the ability to better understand reinsurance transactions and outcomes, finance and risk management teams can leverage data to make critical decisions regarding risk appetite and support reinsurance contract negotiations.

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Increase Reinsurance Operational Efficiencies

Labor-intensive tools such as spreadsheets and unsophisticated databases, as well as legacy systems built on older platforms, are ill-equipped to manage today’s increasingly complex reinsurance treaties. Through automation, standardization, and data transparency, our platform helps you create a more efficient and productive reinsurance administration program.

A Trusted and Reliable Reinsurance Management System
30
Years of experience
20+
Countries processing reinsurance on the platform
60+
Data import templates available
5000
Person days per year invested in product development
50%
Closing time reduction

Testimonials

Duck Creek Reinsurance offered an off-the-shelf host system that was configurable to meet the majority of our requirements. The team was willing to partner with us to meet several of our key requirements and Duck Creek Reinsurance offered an excellent user interface and experience.

Beazley chose Duck Creek Reinsurance, the cloud-based reinsurance platform for its strong out of the box functionalities. Duck Creek demonstrated reinsurance expertise and an ability to handle reinsurance platform deployment projects.

QBE chose Duck Creek to manage and centralize all the reinsurance processes. With Duck Creek Reinsurance, we have a platform that provides one ‘source of truth’ for reinsurance calculations throughout QBE for both ceded and assumed reinsurance. We also felt that Duck Creek were a good fit and that we would be able to work well with them.

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See It In Action Today

Whether you’re launching a greenfield initiative, changing providers, or looking to make a digital transformation, our multi-faceted team of insurance and technology experts can help get you there.

Talk to Sales

Duck Creek is committed to providing the information you need to solve your insurtech needs. Find answers to common questions below or, if this information isn't enough, fill out the form at the bottom of the page. Our team will respond with the answers you need.

Can I purchase Duck Creek products as a stand-alone, best-of-breed product, or only as part of a suite of products?

Duck Creek offers you the flexibility to purchase our products either in a stand-alone implementation, as part of an ala carte suite of products, or as a comprehensive suite. Our products are designed to work together or independently, providing you with the choice and flexibility you need.

What are the benefits of buying Duck Creek products as a suite?

Integration: The products are designed to work together seamlessly, providing a more streamlined and efficient experience.
Cost savings: Purchasing products as a suite may offer cost savings compared to purchasing them individually.
Consistency: Using a suite of products from the same company ensures a consistent user experience and reduces the learning curve for new users.

Are Duck Creek products available on the cloud?

Yes - Duck Creek’s products are deployed on Microsoft’s Azure cloud. Our evergreen SaaS (Software as a Service) platform is designed to lower the total cost of ownership for your solution without the need for large IT (Information Technology) teams and expensive upgrades. And with Active Delivery TM, available for Claims and Policy today and rolling out to all Duck Creek products, when a new version of a Duck Creek product comes out, “feature flags” allow you to accept the update on your terms, and start using the new version when you choose without deploying an IT team to manually update the system.