Staff Report
Published July 14, 2011

Accenture, a global management consulting, technology services and outsourcing company, plans to acquire Duck Creek Technologies, a privately held company based in Columbia that specializes in software for the property and casualty insurance industry.

Accenture said the acquisition will strengthen its capabilities to support property and casualty insurers of all sizes.

“It will enhance Accenture’s ability to help insurers react faster to changing market conditions; quickly launch products that match consumers’ evolving needs; and improve customer satisfaction, while reducing operating costs,” Accenture said in a news release.

Terms of the transaction, which is expected to close within the next 30 days, were not disclosed.

“Duck Creek is a leader in the property and casualty policy administration market, as demonstrated by its customer base and its sales momentum,” said John DelSanto, global managing director of Accenture’s insurance practice.

Colin Davies, global managing director of Accenture Software, said the acquisition will allow Accenture to offer comprehensive, component-based property and casualty software and reduce costs.

“In addition, Duck Creek’s solutions are built upon the same Microsoft .NET technology as Accenture’s existing property and casualty software platforms, which will facilitate rapid integration of the applications,” Davies said.

Duck Creek was founded in 2000 in Bolivar, Mo., and has grown to serve more than 60 clients in North America and the United Kingdom, processing all commercial, personal, and specialty lines of business.

Duck Creek has offices in Columbia, Farmington, Conn., and Surrey, England.

“The combination of Duck Creek’s and Accenture’s property and casualty software will create one of the most robust and comprehensive platforms available in the market,” said Steve Hall, president and CEO of Duck Creek.

Accenture has more than 223,000 employees serving clients in more than 120 countries.