Case Study: Coverys achieves 50% faster time to book coverage and 17-month core systems go-live with Duck Creek Technologies

Coverys Reduces Time to Book Coverage by 50% With Automated Rating Algorithms

Coverys, a liability-focused insurance carrier, needed to streamline product development, speed time to market, and unify internal processes while replacing three legacy claims systems and four legacy rating, billing, and policy systems. Facing the simultaneous replacement of all core systems, complex risk modeling requirements, and the challenge of consolidating and converting data from multiple active legacy sources, Coverys selected Duck Creek Technologies and its configurable rating engine/platform to address these needs.

Duck Creek Technologies implemented a unified core platform and configurable rating engine (validated via proof of concept), enabling Coverys to go live with all core systems in 17 months. The Duck Creek solution automated rating algorithms to cut time to book coverage by 50%, consolidated two content management systems into one (OnBase by Hyland), and improved cycle times, usability, and data access by eliminating silos.

Coverys

Eric Crockett

Vice President of IT