MARKET COMPOSITE
DCT - Duck Creek Technologies Inc
Price
$0.00
+ 0.00 (0.00%)
Duck Creek Technologies, Inc. provides software-as-a-service core systems to the property and casualty insurance industry in North America. It offers Duck Creek Policy, a full lifecycle solution for the development of products and quoting, binding, and servicing of policies across various channels from agents and brokers to end-users; Duck Creek Billing that provides payment and invoicing capabilities, such as billing and collections, commission processing, disbursement management, and general ledger capabilities for insurance lines and bill types; and Duck Creek Claims that supports the entire claims lifecycle from first notice of loss through investigation, payments, negotiations, reporting, and closure. The company also provides Duck Creek Rating that allows carriers to develop new rates and models and deliver accurate quotes in real-time based on the complex rating algorithms; Duck Creek Insights, an insurance analytics solution that allows carriers to gather and analyze data from internal and external sources and facilitate rapid analysis and reporting on a single system; Duck Creek Digital Engagement that offer digital interactions between property and casualty insurers and their agents, brokers, and policyholders; and Duck Creek Distribution Management that automates sales channel activities for agents and brokers, including producer onboarding, compliance, and compensation management. In addition, it offers Duck Creek Reinsurance Management that automates critical financial and administrative functions; and Duck Creek Industry Content that provides pre-built content, including base business rules, product designs, rating algorithms, data capture screens, and workflows for insurance lines of business. The company serves insurance carriers and leaders. Duck Creek Technologies, Inc. was founded in 2016 and is headquartered in Boston, Massachusetts.
Financials
Quarterly financials
(USD)Nov 2022Q/Q
Revenue80.6MM-0%
Gross Profit43.4MM-9%
Cost Of Revenue37.1MM+12%
Operating Income-6.6MM-
Operating Expenses50MM+1%
Net Income-5.2MM-
R&D16.2MM+12%
G&A17.6MM-14%
Marketing16.2MM+10%
Interest Expense--
Stock Chart
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Stock news

    The world’s leading insurance industry and technology minds gather in Orlando, FL, May 8-10, 2023Boston, April 24, 2023 (GLOBE NEWSWIRE) -- Duck Creek Technologies, the intelligent solutions provider defining the future of property and casualty (P&C) and general insurance, announces major sponsors, partners, and presenters joining the leading insurance technology decision makers for its upcoming marquee customer conference, Formation ’23. The event is being held May 8 through May 10, 2023, at Si

    Boston, April 10, 2023 (GLOBE NEWSWIRE) -- Duck Creek Technologies, the intelligent solutions provider defining the future of property and casualty (P&C) and general insurance, is honored to be ranked a Dominant Provider in Aite-Novarica’s P/C Policy Administration Systems Impact Report, indicating strong market position and momentum. Aite-Novarica is a leading analyst research firm and provides this report to assist P&C insurers in drawing up their short lists of potential providers based on ve

    Boston, April 05, 2023 (GLOBE NEWSWIRE) -- Duck Creek Technologies, the intelligent solutions provider defining the future of property and casualty (P&C) and general insurance, is excited to announce that Andy Yohn, VP of Product Strategy and co-founder of Duck Creek, will be presenting with Verisk at the 2023 Verisk Insurance Conference in Scottsdale, AZ from April 11–14, 2023. Verisk will unite senior executives and professionals across the value chain to share significant insights, critical t

    Boston, April 03, 2023 (GLOBE NEWSWIRE) -- Duck Creek Technologies, the intelligent solutions provider defining the future of property and casualty (P&C) and general insurance, will host the One Duck Creek Summit, April 4-6, 2023, in Boston, Massachusetts, bringing leaders together to focus on connection, culture and community. The global attendees are credited for leading the various critical initiatives and programs that make Duck Creek a culture champion in the insurance and technology indust

    Boston, March 30, 2023 (GLOBE NEWSWIRE) -- Duck Creek Technologies (“Duck Creek”), the intelligent solutions provider defining the future of property and casualty (P&C) and general insurance, today announced the completion of its acquisition by Vista Equity Partners (“Vista”), a leading global investment firm focused exclusively on enterprise software, data, and technology-enabled businesses, for $19.00 per share, in an all-cash transaction valued at approximately $2.6 billion. “We are excited t

    Ebeling will discuss pushing the bar and making the inconceivable, the unbelievable and the impossible, not impossibleBoston, March 27, 2023 (GLOBE NEWSWIRE) -- Duck Creek Technologies, the intelligent solutions provider defining the future of property and casualty (P&C) and general insurance, welcomes Mick Ebeling as its Formation ’23 keynote speaker. Formation, Duck Creek’s annual user conference, attracts the world’s leading insurance industry and technology minds and takes place in Orlando,

    In its highest-ranking category, Celent names Duck Creek Policy a Luminary in the analyst firm’s most recent Technical Capabilities MatrixBoston, March 22, 2023 (GLOBE NEWSWIRE) -- Duck Creek Technologies, the intelligent solutions provider defining the future of property and casualty (P&C) and general insurance, has earned three XCelent awards for Advanced Technology, Breadth of Functionality, and Customer Base and Support in Celent’s report, Policy Administration Systems: P&C Insurance, North

    Duck Creek and Quadient are committed to cultivating a partner ecosystem that provides insurance carriers with the best-in-class technologyBoston, Feb. 27, 2023 (GLOBE NEWSWIRE) -- Duck Creek Technologies (NASDAQ: DCT), the intelligent solutions provider defining the future of property and casualty (P&C) insurance, was named Quadient’s 2022 Americas Partner of the Year during Inspire Days, Quadient’s annual user conference in Orlando, Florida. Quadient (Euronext Paris: QDT) has two integrations

    Duck Creek Technologies Inc. revealed its estimated "golden parachute" payments for five key executives in a public filing last week.

    The Non-standard Auto Insurer will utilize Duck Creek’s technology across all of its statesBoston, Feb. 20, 2023 (GLOBE NEWSWIRE) -- Duck Creek Technologies (NASDAQ: DCT), the intelligent solutions provider defining the future of property and casualty (P&C) insurance, highlights its customer relationship with GAINSCO Auto Insurance® (GAINSCO), a leading provider of non-standard auto insurance products. Duck Creek’s customer-centric and low-code software enables GAINSCO to increase operational ef