Case Study: a U.S.-based property and casualty insurer accelerates product launches with Coherent Spark

U.S.-based Property and Casualty (P&C) Insurance Provider cuts product launches from months to weeks with Coherent

A U.S.-based property and casualty insurance provider faced intense market pressure due to lengthy product development cycles. Their challenge was a fragmented workflow where actuarial models in Excel required manual re-entry into the Duck Creek policy system, causing delays and a loss of accuracy. They partnered with Coherent to find a solution using Coherent Spark.

Coherent implemented Spark to transform the insurer's Excel models into APIs that integrated seamlessly with Duck Creek. This solution empowered actuaries with direct control over updates, eliminating IT dependencies and manual data entry. The results were significant, as product development timelines were cut from months to weeks, dramatically improving speed to market and operational efficiency for the insurer.