Southern Trust has chosen Accenture's Duck Creek policy administration and billing software to modernize core insurance policy system and enhance processes to support business expansion.
The software suite will serve as core commercial lines rating, policy processing and billing system for Southern Trust, while enabling it to more efficiently and profitably manage current book of business, along with positioning them for growth.
Accenture Duck Creek templates will also be used by the company to support rapid deployment and ongoing maintenance of these lines of business with lower cost and risk.
The template is a pre-configured insurance product deployment solution for insurance services office (ISO) based commercial lines and national council on compensation insurance (NCCI) based workers’ compensation products.
The policy and claims software offers companies an integrated suite of software with modules, which can be implemented individually or as part of a broader migration strategy.
The software also provides flexible suite of property & casualty (P&C) technology for insurers of all sizes to configure products, transact lines of business and process claims.