Cognizant leveraged Duck Creek Technologies’ cutting-edge policy administration system to modernize FCCI’s operations and expand the insurance group’s footprint into the Excess & Surplus market
, /PRNewswire/ — Cognizant (Nasdaq: CTSH) announced today that, under strategic partnership as system integrator with FCCI Insurance Group (FCCI), they have supported the creation of FCCI’s new Excess & Surplus (E&S) lines of business, which launched Oct. 1, 2024. This strategic collaboration leveraged Cognizant’s expertise in the insurance sector and Duck Creek Policy with Active Delivery with the goal to modernize FCCI’s operations and drive expansion into the E&S market. FCCI’s transition to Duck Creek’s platform will allow for active delivery and help the company drive operational efficiencies, automate manual processes, and enhance the speed to market for new products—designed to reduce expense ratios, improve core operational performance, and enhance scalability to handle higher volumes seamlessly.
Under this collaboration, FCCI and Cognizant have implemented a state-of-the-art policy administration system that …