October 21, 2014

Endurance Specialty Holding, Ltd. Transitions Policy Administration and Rating Systems to Accenture Duck Creek Software

Endurance Specialty Holding, Ltd. Transitions Policy Administration and Rating Systems to Accenture Duck Creek Software
 
Insurance provider goes-live with modern property and casualty insurance software to support commercial line specialty market capabilities and serve as technology platform foundation
 
NEW YORK; Oct. 21, 2014 – Accenture (NYSE: ACN) announced that Endurance Specialty Holding, Ltd., a global specialty provider of property and casualty (P&C) insurance and reinsurance, has gone into production with Accenture Duck Creek Policy and Rating software to support its diverse worldwide client portfolio. The new software provides comprehensive functionality that is simple to configure and helps making changes to products and market delivery easier and faster.
 
“Policy administration software is core to our business,” said Alfred Goxhaj, chief information officer at Endurance Specialty Holdings Ltd. “We selected Accenture Duck Creek because the team had the knowledge and expertise to deliver the project in our six month window for completion. The Duck Creek software was the right fit and we had previously worked with this team to deploy the ISO templates.”
 
“A carrier’s rating and policy administration systems support the first customer interaction—it’s important to make that first impression a good one,” said Michael A. Jackowski, global managing director of Accenture Duck Creek. “Our rating engine and policy software is built to support rapid response to inquiries and changing market demands, and also offers strong distribution channels that facilitate customer engagement.”
 
Accenture Duck Creek Policy and Rating are two of the core components in the suite of software that also includes billing and claims solutions. Each component can be implemented independently or combined for an integrated approach to manage all aspects of the property and casualty insurance lifecycle.
 
About Endurance Specialty Holdings
Endurance Specialty Holdings Ltd. is a global specialty provider of property and casualty insurance and reinsurance. Through its operating subsidiaries, Endurance writes agriculture, casualty and other specialty, professional lines and property lines of insurance and catastrophe, property, casualty, professional lines, and other specialty lines of reinsurance. We maintain excellent financial strength as evidenced by the ratings of A (Excellent) from A.M. Best (XV size category) and A (Strong) from Standard and Poor’s on our principal operating subsidiaries. Endurance’s headquarters are located at Wellesley House, 100 Pitts Bay Road, Pembroke HM 08, Bermuda and its mailing address is Endurance Specialty Holdings Ltd., Suite No. 784, No. 48 Par-la-Ville Road, Hamilton HM 11, Bermuda. For more information about Endurance, please visit www.endurance.bm.
 
About Accenture
Accenture is a global management consulting, technology services and outsourcing company, with more than 305,000 people serving clients in more than 120 countries. Combining unparalleled experience, comprehensive capabilities across all industries and business functions, and extensive research on the world’s most successful companies, Accenture collaborates with clients to help them become high-performance businesses and governments. The company generated net revenues of US$30.0 billion for the fiscal year ended Aug. 31, 2014. Its home page is www.accenture.com.
 
Accenture Duck Creek is a software suite offering comprehensive, full-featured property & casualty
insurance software and SaaS solutions. Its configurable solutions are designed to work as a full end-to-end suite or as individual standalone components that adapt quickly and seamlessly to handle the unique needs of insurers of all sizes. Duck Creek software enables carriers to make better decisions in a real-time environment, streamline operations and improve their level of customer service. For more information, visit www.accenture.com/duckcreek.
 
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Contacts:
 
Julie Bennink
Accenture
+ 312 693 7301
julie.l.bennink@accenture.com

Francois Luu
Accenture
+ 33 6 60 53 84 28
francois.luu@accenture.com