Duck Creek Technologies Inc., a software provider for insurers, climbed 48% in its trading debut after raising $405 million in an initial public offering priced above the targeted range. The Boston-based company’s shares closed at $40 apiece Friday in New York trading, giving the company a market value of about $5.2 billion. On Thursday it… Continue reading Duck Creek Rises in Debut After Expanded $405 Million IPO
Tag: Duck Creek Technologies
Duck Creek Technologies Adds Reinsurance Management Solution for Primary P&C Insurers
Duck Creek Technologies announced today that it has introduced Duck Creek Reinsurance Management to the P&C insurance industry, adding comprehensive reinsurance management functionality to the already robust capabilities of the Duck Creek Suite. Duck Creek Reinsurance Management (previously CedeRight, a DataCede product which Duck Creek has acquired) allows primary insurance carriers to manage reinsurance partners,… Continue reading Duck Creek Technologies Adds Reinsurance Management Solution for Primary P&C Insurers