Duck Creek Technologies and Bond-Pro Partner to Offer P&C Insurers Digitized Management of Surety Lifecycle
Integration will offer seamless workflow to P&C carriers underwriting surety and fidelity bonds
Boston, MA and Tampa, FL – Duck Creek Technologies, a leading provider of comprehensive P&C insurance software and services, and Bond-Pro, a leading provider of surety and specialty insurance software products and services, have entered into a partnership to offer insurers top-tier solutions for their respective business and technology needs.
“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. This alliance provides a strong option to our mutual clients who also require mature surety and fidelity functionality,” said Eddie Jones, VP of Strategy and Alliances at Duck Creek Technologies. “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, allowing data to be shared openly and freely. Once complete, the Duck Creek Bond-Pro accelerator will be available on the Duck Creek Content Exchange for customers of both firms.
About Duck Creek Technologies
Duck Creek Technologies paves a genuine path to the future for P&C insurance companies. Decades of insurance experience underpin advanced technologies specifically designed to accommodate change – allowing carriers to navigate uncertainty and capture market opportunities faster than their competitors. All of the company’s offerings are available standalone or as a full suite, and all are available via Duck Creek OnDemand, the provider’s SaaS solution for the P&C insurance industry. For more information, visit www.duckcreek.com.
Bond-Pro Limited is the developer and publisher of Bond-Pro®, the leading surety and specialty insurance automation and management software utilized by hundreds of agencies and dozens of surety carriers worldwide to drive greater premium, improve underwriting efficiency, reduce costs, and mitigate risk. Its enterprise products and services enable Surety professionals to fully digitize and effectively manage the entire Surety lifecycle, including Accounts, Jobs, Bonds, and Claims. For more information, visit www.bond-pro.com.