Duck Creek Technologies, Inc., a provider of policy administration solutions for the insurance industry, today announced that Pearl Insurance, an Illinois-based marketer, broker, and administrator, has purchased and implemented Duck Creekâs EXAMPLE PlatformÂ® to support its Real Estate Errors and Omissions (E&O) Insurance program.
Pearl launched its new Duck Creek system in June and is pleased to be able to offer small real estate firms a fully automated process for their E&O insurance. With the Duck Creek solution, Pearlâs qualified real estate customers are able to submit an E&O application, obtain a quote, and purchase coverage â all via the web; resulting in a highly cost-effective new business process.
Pearl plans to continue to expand its use of the Duck Creek solution by taking advantage of the systemâs policy administration capabilities; including cancellations, reinstatements, out of sequence endorsements, and renewals.
âPearl has been committed to providing our customers with a quick, easy-to-use, web-based insurance process for some timeâthe capabilities of the EXAMPLE Platform were a perfect fit for that goal,â said Lori Johnson, CIO of Pearl Insurance. âThe pairing of Duck Creekâs great product development tools with the creation of our web-based portal allowed us to quickly get this new online sales channel to market and enhance the purchase experience for our customers.â
âWeâre pleased to be able to provide Pearl Insurance with the solutions to quickly and efficiently offer their product and processes to customers via the web,â said Wendy Corman, Senior Vice President - Business Development and Marketing at Duck Creek. âThe EXAMPLE Platform has proven to be an especially good fit for our specialty lines customers.â