American National Property and Casualty Company Chooses Duck Creek Technologies' EXAMPLE Platform.BOLIVAR, Mo. -- After a long history of building in house, ANPAC ANPAC American National Property and Casualty Company (Springfield, Missouri) ANPAC Associazione Nazionale Piloti Aviazione Commerciale (R) chooses vendor solution from Duck Creek Duck Creek may refer to:
Duck Creek Technologies, Inc., a provider of rating and policy administration software for the insurance industry, today announced that Missouri-based American National Property and Casualty Company (ANPAC) has selected Duck Creek's EXAMPLE Platform(TM), including: EXAMPLE Author(R) and EXAMPLE Server(TM). Having concluded an extensive Proof of Concept that integrated and tested the Duck Creek Technologies rating engine with their existing environment, ANPAC's Duck Creek environment is now ready for production. Over the years, ANPAC has traditionally developed systems in house, leveraging their outstanding IT staff. In support of the wide range of business needs, the ANPAC environment evolved to include a variety of proprietary rating systems. Due to the complexity of managing multiple systems, the ANPAC team began an initiative to consolidate their rating and underwriting Underwriting 1. The process by which investment bankers raise investment capital from investors on behalf of corporations and governments that are issuing securities (both equity and debt). 2. The process of issuing insurance policies. needs for all lines of business and found that the Duck Creek Technologies solution was in line with the team's vision. ANPAC selected Duck Creek's tools-based EXAMPLE Platform solution, breaking from tradition, yet still complementing ANPAC's propensity to build their own systems. "Since we have built our own systems for so long, it's a real testament to Duck Creek that we selected them for our rating system consolidation project," noted Debbie Foell, ANPAC's Assistant Vice President of Applications Development. "At first we were hesitant hes·i·tant adj. Inclined or tending to hesitate. hes i·tant·ly adv. about working with any software vendor, but the Duck Creek Proof of Concept offered us a no risk try and buy. And, the tools-based approach that Duck Creek promotes gave us the best of both worlds. We could still build our own systems, and leverage the value and extensive functionality that was already incorporated into the Duck Creek Platform. Our team was able to focus their time and expertise on the ANPAC-specific requirements and the integration portion." Ms. Foell continued, "We've been very pleased with our Duck Creek decision. The Duck Creek Technologies team provided the required expertise as we integrated the rating ManuScripts with both our mainframe-based policy administration and PC-based electronic applications systems." Kerrick Tweedy, Duck Creek's Chief Information Officer, added, "We are very proud and appreciative that ANPAC has chosen Duck Creek, especially given their tradition of in-house development. The Proof of Concept proved to be invaluable as a way for ANPAC to take our product for a test drive, and to make them comfortable that they were making the best decision for their business. Concurrently, the Duck Creek team had the opportunity to work alongside the ANPAC staff and transfer our skills and knowledge, enabling ANPAC's highly desired self-sufficiency. We couldn't be more pleased with the results and look forward to continuing our work with ANPAC in support of their current and future technology needs." About American National Property and Casualty Company (ANPAC) Incorporated in 1973, Springfield, Missouri-based American National Property and Casualty Company (ANPAC) is a home office property and casualty insurance company and a subsidiary of American National Insurance Company American National Insurance Company (NASDAQ: ANAT) is one of the largest life insurance companies in the United States. The company was founded in Galveston, Texas by William L. Moody, Jr. in 1905. It operates numerous subsidiaries throughout several U.S. (ANICO ANICO American National Insurance Company ) of Galveston, Texas
Standard and Poor's Index rates ANPAC an AA+, Very Strong. ANPAC is the recipient of the 2003 Excellence in Missouri Foundation Missouri Quality Award. For more information, visit http://www.anpac.com. About Duck Creek Duck Creek Technologies enables insurance carriers and other participants in the insurance distribution process to define and develop rating, underwriting, and policy processing services for any line of business and to deploy those services to the Web and to all other points on the product value chain. Duck Creek's EXAMPLE Platform(TM) supports all aspects of product definition, including data capture, rating, rules, interview screens, documentation, workflow, and transactions. Duck Creek's customers use the Platform for a wide variety of purposes, including full policy processing, submission processing, and black-box rating for both batch and interactive environments. The company was founded in January 2000 and has offices in Bolivar, Missouri Bolivar is a town in Polk County, Missouri, USA. The population was 9,143 at the 2000 census. It is the county seat of Polk CountyGR6. The town was named for Bolivar, Tennessee, home to many of the original settlers. , and Farmington, Connecticut Farmington is a town located in Hartford County in central Connecticut in the United States. The population was 23,641 at the 2000 census. It is home to the world headquarters of several large corporations including Carrier Corporation, Otis Elevator Company, and Carvel. . Duck Creek Technologies is a Microsoft Gold Certified See certification. Partner. For more information, visit http://www.duckcreektech.com or call 866-DUCK-TEC. All trademarks appearing in this news release are the property of their respective owners. |
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