American Safety Goes Live with New Insurance Processing System Using Accenture Duck Creek Software

Post on: 2011-11-02 By: admin

NEW YORK--(BUSINESS WIRE)--Accenture (NYSE: ACN) announced today that American Safety
Administrative Services Inc. (American Safety) is now in production and
processing casualty risk policies, using a newly deployed Accenture Duck
Creek software platform. The policies are issued by American Safety’s
affiliated insurer, American Safety Indemnity Company, and employs
Accenture Duck Creek Policy Administration and the Accenture Duck Creek
Rating – part of Accenture’s industry-leading PropertyCasualty (PC)
“The flexible tools and scalable technology in the Accenture
Duck Creek products will support American Safety’s product development
initiatives going forward.”
American Safety Indemnity is a specialty insurance company that provides
customized insurance products and solutions for businesses and
industries underserved by the standard insurance market. These products
include environmental liability, surplus lines property and primary and
excess casualty, among others.
“The complexity of our products made it imperative for us to have a
robust product configuration tool,” said Julia Davis, CIO of American
Safety. “We went through a rigorous vendor selection process and felt
that the Accenture Duck Creek software suite had the right mix of
functionality and technological capability. We’re pleased with how the
implementation has progressed.”
“We’re excited to see American Safety go into production,” said Michael
A. Jackowski, global managing director of Accenture Software for PC
Insurance. “The flexible tools and scalable technology in the Accenture
Duck Creek products will support American Safety’s product development
initiatives going forward.”
On August 23, 2011, Accenture announced that it completed its
acquisition of Duck Creek Technologies. Duck Creek is integrated into
Accenture is a global management consulting, technology services and
outsourcing company, with approximately 236,000 people serving clients
in more than 120 countries. Combining unparalleled experience,
comprehensive capabilities across all industries and business functions,
and extensive research on the world’s most successful companies,
Accenture collaborates with clients to help them become high-performance
businesses and governments. The company generated net revenues of
US$25.5 billion for the fiscal year ended Aug. 31, 2011. Its home page
is www.accenture.com.
Accenture Software combines deep technology acumen with industry
knowledge to develop differentiated software products. It offers
innovative software-based solutions to enable organizations to meet
their business goals and achieve high performance. Its home page is www.accenture.com/software.
AccentureFrancois Luu, +33 6 60 53 84 28francois.luu@accenture.comorPeter
Soh, +1 703-947-2571peter.y.soh@accenture.com
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Article original from: http://www.businesswire.com/news/home/20111031005129/en/American-Safety-Live-Insurance-Processing-System-Accenture


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