Sollers Consulting Partners with Duck Creek Technologies to Transform Reinsurance Management
Sollers Consulting, a renowned software integrator and operational advisor, has formed a strategic partnership with Duck Creek Technologies, a leading provider of software solutions specifically tailored for property and casualty (P&C) and general insurance sectors. This collaboration aims to assist insurers in modernising their reinsurance operations amidst a rapidly evolving market landscape.
In light of the insurance industry’s increasing exposure to frequent and severe loss events, securing appropriate reinsurance has become a formidable challenge. The partnership between Sollers Consulting and Duck Creek is designed to empower insurance companies to implement a cutting-edge, data-driven reinsurance management system that addresses these complexities.
Duck Creek is leveraging its established Duck Creek Reinsurance platform, which enables insurers to centralise, streamline, and automate their reinsurance processes efficiently. This innovative cloud-based solution is adept at collecting and analysing data from a multitude of internal sources, thereby enhancing decision-making capabilities.
With Sollers Consulting’s extensive international experience in core system integration, insurance companies are poised to maximise the benefits offered by the Duck Creek Reinsurance platform. Krzysztof Biernat, the London Market Lead at Sollers Consulting, commented, “The reinsurance landscape is currently facing significant challenges, as the increased frequency and intensity of natural catastrophe events have made the purchasing of reinsurance increasingly complex.”
Biernat further stated, “We are excited to collaborate with Duck Creek Technologies to provide insurance companies with the necessary tools to navigate these challenges. The Duck Creek Reinsurance solution is robust and transformative, and our proficiency in managing intricate system integrations within the insurance industry instills confidence that we can propel reinsurance management towards a new era of digitalisation.”
Elodie Hilderal, the Managing Director for EMEA at Duck Creek Technologies, expressed enthusiasm about the partnership, stating, “This collaboration signifies a pivotal advancement in the digitalisation and automation of the reinsurance sector. We are looking forward to the positive outcomes it will deliver for our clients.”
Hilderal added, “By combining our advanced, cloud-based reinsurance solution with Sollers’ vast expertise in system integration, we are equipping insurers with the necessary tools to make informed decisions and optimise their reinsurance management processes.”
