AIG moves to standardize policy administration globally with Duck Creek OnDemand
Duck Creek Technologies announced that AIG, a longtime Duck Creek customer and one of the most recognizable and respected global insurers in the industry, has entered into a new strategic partnership with Duck Creek. AIG selected Duck Creek OnDemand, the provider’s SaaS solution for the P&C and general insurance industry as its global standard. This partnership is an important enabler of AIG 200, the company’s enterprise-wide effort focused on: underwriting excellence; modernizing AIG’s operating infrastructure; enhancing user and customer experience; and becoming a more unified company.
“AIG 200 is a multi-year, enterprise-wide effort focused on the long-term strategic positioning of AIG,” said Peter Zaffino, AIG’s President & Global Chief Operating Officer. “Duck Creek’s SaaS cloud solution is a core component of the enabling technology we are deploying to support our global underwriting platform. Specifically, it will allow us to achieve the new digital experience we want for our customers and distribution partners, drive enhanced data insights to support underwriting excellence, and improve the efficiency of our operations.”
Duck Creek OnDemand is an end-to-end SaaS cloud based solution, providing all services, support, and computing resources needed to help carriers move faster and more efficiently. By leveraging the best available technology and continuously delivering new functionality to solve ever-changing P&C and general insurance business challenges with speed and flexibility, OnDemand enables a fundamentally new approach to competing in today’s industry – one where technology supports strategy rather than dictating it, and where insurers are empowered to focus on innovation in entirely new ways.
“AIG’s scale and geographic reach require a SaaS solution that can support all of its businesses around the world,” said Michael Jackowski, CEO of Duck Creek. “Our team is proud to support such a respected and iconic organization, and to provide the solutions and expertise AIG needs to achieve operational excellence and provide its customers and distribution partners with superb, high quality service. We’re excited to expand our relationship and help AIG take this important new step in its journey to become a top performing company and leading insurance franchise.”