Deloitte and Accenture Duck Creek have established a strategic alliance to help US property and casualty insurers prepare for the dynamic changes that are reshaping the insurance industry.
The collaboration will enable Deloitte to offer clients access to a range of quality offerings and Accenture choices in systems integrators.
The alliance brings Deloitte’s decades of experience helping insurers transform their business processes and IT systems together with Accenture Duck Creek’s suite of software to assist insurers that want to update their core systems and use the opportunity to prepare their business for the future.
The Accenture Duck Creek Suite of software includes rating, policy, billing, and claims components that are configurable and scalable. The components work together as an integrated solution or can be individually implemented, either on premise via a Software as a Service model.
"A properly executed core systems transformation will have a strategic impact on insurers seeking to mature key capabilities for serving customers," said Neal Baumann, principal and insurance sector leader, Deloitte Consulting.
"Our alliance with Accenture Duck Creek allows us to combine our business transformation and insurance industry experience with leading P&C insurance software, giving us the tools we need to help our clients deliver increased business value through an advanced technology platform."
"We’re delighted to collaborate with Deloitte to provide our clients with the quality end-to-end services needed when transitioning to a modern platform," said Michael A. Jackowski, global managing director, Accenture Duck Creek.
As a Platinum alliance member in the Accenture Duck Creek Solution Partners’ network, Deloitte will apply their business acumen and knowledge of the technology to address the challenges of replacing legacy-based core systems and recommend the enhancements necessary for lasting change.
They currently serve many of the largest companies in the insurance sectors through a cross-functional industry group that draws on Deloitte Touche Tohmatsu Limited’s global network of member firms to provide a broad spectrum of services across assurance and advisory, enterprise risk, tax, actuarial, regulatory, and consulting.