(Image credit: Patrick Szylar/Unsplash.)
Global insurance SaaS solutions, platform and core technology provider Duck Creek Technologies (Boston) has announced increased in the Asia-Pacific (APAC) region. As part of this investment, Duck Creek’s says its APAC regional product development team has released the first of many planned software packages and implementation accelerators localized for the New Zealand insurance market.
“Our growing success in the Australian market is a launchpad to deliver a market-leading insurance solution with country-specific content made for the New Zealand market,” comments Ella Jurotte, Product Manager for Asia Pacific, Duck Creek.
Duck Creek says its local offerings will be made available to all of its New Zealand customers via the company’s Solution Centre, with the first release including the New Zealand Base Layer and the Geographic Format New Zealand accelerator available on the Content Exchange.
Duck Creek’s New Zealand base layer includes the following, by the vendor’s description:
- Address block support for New Zealand across Policy, Party and Claims
- Policy and billing rating structures in line with New Zealand Government Guidelines for:
o Goods and Services Tax (GST)
o New Zealand Earthquake Commission (EQC)
o Fire and Emergency New Zealand (FENZ)
- IRD number field to Party demographics
- NZBN number field to Party demographics
- Bank account formats in line with New Zealand country requirements
“We are investing in local content to de-risk our client implementations and ongoing maintenance. In line with this philosophy, we are proud to release our New Zealand Layer for Duck Creek’s core suite of products,” says Shaji Sethu, Managing Director for the Asia Pacific, Duck Creek Technologies. “Launching the local layer demonstrates our commitment to the region and the investments we are making through our regional product development teams, as we strive to decrease the total cost of ownership for our SaaS customers.”