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Introduction

It was announced in April that private equity fund Apax Partners is to acquire a majority stake in core insurance processing software vendor Accenture Duck Creek.

Highlights

  • The new Duck Creek Technologies will focus on product development and growing its international footprint.

Features and Benefits

  • Evaluates the implications of the joint venture for Duck Creek.
  • Assesses what the joint venture means for Duck Creek customers.

Key questions answered

  • What are the implications of Duck Creek's acquisition by Apax Partners?
  • What does Duck Creek's acquisition mean for its customers?

Table of contents

Ovum view

  • Summary
  • Accenture had reached a crossroads with Duck Creek
  • Accenture is not disposing of Duck Creek
  • The new Duck Creek Technologies will focus on product development and its international footprint
  • The same is unlikely to happen to the Accenture Life Insurance Platform – just yet

Appendix

  • Author

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