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Duck Creek Rating

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Overview

Duck Creek Rating enables carriers to quickly develop new rates and maintain products for all lines of business with flexible, scalable product configuration and quoting capability that drives new revenue opportunities, increase speed to market, and reduce product development costs.

Key Features

Comprehensive LOB support

Duck Creek Rating supports all lines of business inside the P&C industry and can be used to rate specific products outside the P&C industry.

Product Management Life Cycle Support

Duck Creek Rating standardizes business process management throughout the product development lifecycle from requirement definition requirements, approvals, configuration, configuration, testing, and completion.

What-if modeling

Modeling lets carriers evaluate the rate change impact on a book of business and estimate their underwriting workload prior to moving any product update or change into live production.

Low-code configuration tools

Duck Creek Rating provides tools for updating defining products, rating tables and documents without having that change the underlying code.

Key Benefits

Increase speed to market

Define and deliver rate changes and new products quickly. Your team can configure the user interface, security, and workflow to meet business demand.

Increase operational efficiencies

Drive standardized business process management throughout the product development lifecycle via task and workflow configuration while increasing operational efficiency with straight-through processing and accelerated rate changes and approvals.

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