World Programming partners with Duck Creek Technologies
Introducing cyber risk, operational analytics and digital FNOL data capture solutions for insurers.
LONDON, UK – 23 September 2020 – World Programming and Duck Creek Technologies have announced they will partner to provide software and services for insurers.
Digital technology and analytics are playing an increasing role for forward-thinking insurers and this partnership extends Duck Creek’s ability to service its insurance customers – by offering access to World Programming’s WPS Analytics technology..
World Programming products and solutions will be available via Duck Creek’s Solutions Partner scheme and its Content Exchange service to help insurers address mission-critical back and front office data analytical tasks and applications including operational analytics, cyber risk and eFNOL.
World Programming’s WPS Analytics software can help insurers develop, deploy and govern operational analytics processes including data management and predictive modelling for tasks such as traditional insurance challenges of pricing, claims and fraud to more sophisticated elastic, optimised risk-based modelling. Insurers will be able to take advantage of hosted analytics as a service available as API’s to plug directly into Insurers’ infrastructure to call analytics and data processing applications written in the languages of SAS, Python and R.
Cyber risk is an area of growing concern for both insurers and their customers. Cyban, World Programming’s cyber analytics technology, now comes to Duck Creek’s Content Exchange platform. Cyban is a simple, cost-effective cyber risk solution that continuously monitors and evaluates real-time cyber risk for both the policyholders and insurers. Device-level data is captured and made available via a dashboard that displays risk scores, alerts, and recommendations as cyber risk levels and exposure change.
First Notification Of Loss (FNOL) is receiving a radical shake-up and World Programming are at the forefront of digital FNOL (eFNOL). Traditionally it can take several weeks for an insurance company to process a claim but now insurers are looking to process claims in minutes. eFNOL will revolutionise the way insurers handle claims.
Scott Thomson, Global Head of Insurance at World Programming says, “The partnership between World Programming and Duck Creek represents a step-change in the way insurers can enhance their business. It’s all about getting the right technology to the right place to make better insurance decisions in a shorter time – insurers will benefit and so will their customers”.
About World Programming
World Programming offers data science, analytics software and services including its leading WPS Analytics platform. World Programming is helping tier-1 organisations to modernise, save money and move data science and analytics processes into the cloud. Their global customer base covers all industry sectors and includes big brand names.
For further information about World Programming, visit www.worldprogramming.com.
About Duck Creek Technologies
Duck Creek Technologies is a leading provider of core system solutions to the P&C and General insurance industry. By accessing Duck Creek OnDemand, the company’s enterprise Software-as-a-Service solution, insurance carriers are able to navigate uncertainty and capture market opportunities faster than their competitors.
For further information about Duck Creek Technologies, visit www.duckcreek.com.
Have a question?
Try or buy