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Cognizant empowers insurance companies to compete in today’s fast-paced economy. We can help you implement the Duck Creek Suite to transform your business, operating and technology models in the digital era.
Business users appreciate the consistent look and feel shared across Duck Creek’s complement of solutions—ease of data movement, rapid creation, testing and rollout of new products, as well as a complete view of customers and their interactions.
For IT managers, Duck Creek offers lower system integration costs, a single technology stack and the flexibility to implement Duck Creek on-premises or in the cloud.
By leveraging Duck Creek’s product knowledge, delivery consistency and streamlined deployments, Cognizant services can optimize cost of quality, increase automation predictability and reduce the time, cost and risk of your project implementations. We also offer maintenance for ongoing operations to maximize the value of Duck Creek customers' solutions.
Cognizant helps you develop business strategies and operating models that generate value and drive transformation, including:
To help you achieve and sustain a competitive advantage, Cognizant ensures that your legacy-to-digital systems migration aligns your objectives with business strategies.
Combined with our Cloud Enablement offering, we help you enhance ROI—reducing both capital and operational costs—as well as helping move your systems to the cloud by implementing Duck Creek OnDemand. We also deploy innovation and digital solutions to quickly improve your business outcomes.
Cognizant can help you replace entire legacy systems with new digital solutions, from start to finish. We accelerate each full Duck Creek Suite implementation (including AgencyPortal), offering template-based approaches for your personal, commercial and specialty lines.
Our solution accelerators span the systems development lifecycle, with components that speed implementation by 20% to 30%, and rating and forms service accelerators that streamline configuration.
For any insurance company, upgrading services can be enormously time-consuming and difficult. Cognizant has developed an implementation framework and approach that streamlines this process by:
Cognizant has developed multiple accelerators and methodologies that simplify your maintenance services. We work with you to develop solutions that align with your business needs and optimize your methods, processes, architectural principles, integration hubs, tools and accelerators.
Cognizant DevOps automates deployment, and our optimized resourcing model lets you operate in a scalable model, so that your operations run at an optimal cost and utilization levels.
A major U.S. property and casualty insurer wanted to expand its personal lines product offerings and geographic footprint within the 18 states it operates. However, the company lacked the online and mobile capabilities many competitors offer, and its legacy systems were outdated. To provide the entire ecosystem of functionality it needed, the company selected AgencyPortal as a solution. The insurer enlisted Cognizant, its long-time applications management partner, to help reduce the cost of implementation.
Cognizant partnered with Duck Creek Technologies and the insurer to orchestrate an agile product implementation through an end-to-end systems integration of development, testing, support and infrastructure services. We integrated the AgencyPortal digital engagement solution with the insurer's legacy policy administration back-end system. We also helped the company integrate with new third-party data collection providers. In addition, we enabled straight-through processing (STP) to optimize its workforce and meet the company’s mandate of achieving 95% STP to reduce underwriting involvement.
A sales cycle that previously took three to four days to complete using the legacy system now takes only 24 hours with AgencyPortal. The solution enabled the company to add three additional products, increasing its customer base. AgencyPortal has also been implemented in one additional state as the company begins expanding its geographic footprint over the course of the four-year project.
improvement in lead time
increase in customer base
reduction in cost of implementation
reduction in IT spend through applications portfolio rationalization