P&C insurance software and services provider Duck Creek Technologies and Bond Pro, a provider of surety and specialty insurance software and services, have partnered to offer insurers solutions for their respective business and technology needs, the companies have announced.
“Insurers who underwrite surety coupled with property and casualty business have historically struggled to successfully manage both lines of business,” said Frederick Duguay, president and CEO of Bond-Pro. “Bond-Pro provides the only cradle-to-grave specialty insurance technology solution for automating surety, fidelity and trade credit. This includes a library of over 10,000 continuously updated forms, account underwriting suite, portal for straight-through processing and self-service, workflow automation, scoring and alerts, coupled with powerful business intelligence, analytics and publish/subscribe data services. Partnering with Duck Creek gives us the ability to offer best-in-class solutions to P&C insurance carriers that also underwrite surety and derivative specialty lines.”
“Partnering with Bond-Pro further underscores Duck Creek’s commitment to connecting our customers to the solutions and services they need to conduct business quickly and easily,” said Eddie Jones, vice president of strategy and alliances at Duck Creek. “This alliance provides a strong option to our mutual clients who also require mature surety and fidelity functionality. Bond-Pro’s philosophy of delivering highly tailorable software products is perfectly aligned with our approach to providing user-friendly solutions to the insurance industry, and we are excited to welcome them to our robust partner ecosystem.”
Teams from both companies are working together to develop an integration between their respective platforms, Duck Creek said. When the integration is complete, the Duck Creek Bond-Pro accelerator will be available on the Duck Creek Content Exchange for customers of both companies.
Marsh subsidiary reveals new technology partnership
Insurance can ‘follow blueprints’ for its digital quest