(Guildhall, City of London. Photo credit: Diego Delso.)
Duck Creek Technologies (Boston) has announced a partnership London and New York-based Web Connectivity Limited (WCL), a provider of ACORD standards-based solutions for the commercial insurance industry. The partnership will give Duck Creek customers expanded access to tools related to London Market insurance operations by adding a London Market messaging function, according to a Duck Creek statement.
Duck Creek reports that its customers can also take advantage of WCL’s integrated products, including rapid deployment of ACORD and London Market messaging. As a longtime ACORD Messaging Gateway provider to the London Market, WCL allows organizations to streamline processes by automating the electronic transfer of data and documents between brokers and insurers as well as central services to improve client service, increase process efficiency, and reduce cost, the vendor statement says.
Bart Patrick, Managing Director, Europe, Duck Creek Technologies calls the new partnership a significant step forward for Duck Creek in terms of being able to provide its customers with a global OnDemand SaaS platform that includes Syndicate and London Market Company operations. “WCL and Duck Creek have a close cultural fit, and pairing our technologies for the London Market is a logical step,” he elaborates. “We can now provide insurers operating in the London Market with an even greater degree of functionality specific to their needs on top of the globally recognized Duck Creek Platform.”
The partnership is an example of how vendors can provide a range of interconnected solutions through collaborations and integrations, according to James Willison, Managing Director, WCL. “We can deliver integration solutions to our mutual clients to accelerate implementations and therefore enable our clients to realize significant process efficiencies sooner,” he comments. “Our multi-award-winning messaging Gateway and associated solutions are being used by nearly 100 organizations globally, including some of the world’s largest brokers, Lloyd’s Managing Agents, international carriers, and central bureau providers. This partnership is a significant step forward for the global specialty insurance market.”