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Australian Insurance Carrier Selects Duck Creek Rating System

Staff Writer | July 13, 2016

The Hollard Insurance Company Australia will transform how they support agents and brokers in Australia by utilizing rating software from Duck Creek Technologies. The new business-to-business platform powered by Duck Creek Rating will enable Hollard to advise their select brokers throughout Australia about the preferred pricing options that can be quoted based on customer needs.  

Hollard selected Duck Creek Rating to change its product definition and deployment capabilities and enhance its existing business management processes. The new rating system will allow brokers to see pricing options based on criteria submitted and select the one that is best for the customer.

In addition to the Duck Creek team, the rating platform will be supported by the expertise of two Duck Creek Global Alliance Partners: Finity Consulting, an actuarial and management firm serving the general and health insurance industries in Australia and New Zealand will provide best-practice pricing analytics and Mindtree, a global system integrator will assist with the implementation of the rating software.

“It’s exciting to be working with Hollard as they modernize their systems to improve how products are brought to the marketplace and capitalize on new revenue opportunities,” says Michael A. Jackowski, president, Duck Creek Technologies. “And together with our alliance partners Finity and Mindtree, we’ll deliver the technology that will enable Hollard to be more responsive to customer and market demand, a differentiation that can give them a competitive advantage.”   

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