Duck Creek launches product development suite

Duck Creek Technologies Inc. has launched a product development suite designed to improve efficiencies by allowing insurers to control all aspects of the insurance product development and maintenance process.EXAMPLE Product Studio enables insurance product managers to model, manage, modify and monitor their products, a Duck Creek release says. It works in tandem with Duck Creek’s EXAMPLE Author, a product definition tool intended to reduce the time, cost and effort it takes to respond to market opportunities and changes. Pilot programs of Product Studio have shown productivity improvements that range from 40% to 80%, Duck Creek says.