Small business insurance – GuruFocus.com

Boston, Aug. 24, 2022 (GLOBE NEWSWIRE) — Duck Creek Technologies (DCT), a provider of intelligent solutions that define the future of property and casualty (P&C) insurance, has announced an extensive integration with Verisk (VRSK), a leading global data provider. analytics provider. Duck Creek’s clients are focused on providing small business owner insurance as quickly as possible, and the new addition of Verisk’s Lightspeed® Small Commerce it will make it easier for sponsors to do business with them.

The Everywhere Mixing allows customers of Duck Creek’s Businessowner template to take advantage of Verisk’s API and access classified information from unstructured sources powered by artificial intelligence and machine learning. LightSpeed ​​Small Commerce optimizes data and streamlines the accounting process by providing analytical intelligence for nearly every small business in the country.

With just a business name and address, LightSpeed ​​Small Commercial integrates seamlessly to provide the information you need to create the most accurate records. The solution helps carriers tie up new business in seconds instead of days, helps increase profitability, improve customer experience, and enhance their reputation.

“We are excited to expand our partnership with Verisk and are confident that each new integration will help increase the value of our product offering, enabling our customers to improve their outcomes,” said Jess Keeney, Chief Product Officer, Duck Creek. “Verisk is uniquely positioned to ensure that it integrates seamlessly with ongoing, responsive support, which is critical to us in serving the needs of our customers.”

“In a rapidly expanding insurance market, insurers need access to risk based on robust data and advanced analytics,” said Doug Caccese, president of risk analysis, written solutions, Verisk. “By expanding the combination of Verisk and Duck Creek, we are helping insurers improve their records and information requirements, making the insurance purchase process easier and faster for today’s business owners.”

About Duck Creek Technologies

Duck Creek Technologies (DCT) is the provider of intelligent solutions that define the future of the property and casualty (P&C) and insurance industries. We are the platform on which modern insurers are built, enabling these companies to take advantage of the power of the cloud to operate faster, smarter, and greener all the time. Vision, purpose, and transparency are key at Duck Creek, and we believe that insurance should be available to people and businesses when, where, and how they need it most. Our market-leading solutions are available on a stand-alone basis or as a all suitesand they are all available through Duck Creek OnDemand. Go on www.duckcreek.com for more information. Follow Duck Creek on our social media channels for the latest updates – LinkedIn and Twitter.

About Verisk

Verisk (VRSK) provides data-driven analytics and solutions for the insurance and energy industries. Through advanced data analysis, software, scientific research and deep industry knowledge, Verisk empowers clients to improve operations, improve records and results, combat fraud and make informed decisions on global issues, including climate change and catastrophic events and politics. and ESG. heads. With offices in over 30 countries, Verisk regularly receives certifications and A Good Place to Work and encourage a including culture where all team members feel they belong. For more information, visit Verisk.com and Verisk Newsroom.