Duck Creek Technologies Celebrates Innovation Champions expert.ai and Cognizant at Formation ’24 Hatch-a-Thon
May 23 2024 - 1:13PM
Duck Creek Technologies, the intelligent solutions provider
defining the future of property and casualty (P&C) and general
insurance, proudly announces the winners of its annual Hatch-a-Thon
at Formation '24. Out of numerous entrants, solution partner
expert.ai and systems integrator Cognizant emerged as the
champions, showcasing their groundbreaking solutions dedicated to
simplifying the insurance industry.
Duck Creek Technologies witnessed an impressive array of entries
in its third year of inviting external ecosystem participants and
conference attendees to the Hatch-a-Thon. The event brought
together its internal teams and developer community to hatch new
ideas to further simplify the complexity and foster innovation
within the insurance industry. It encouraged ecosystem partners to
present ideas focused on maintaining the human touch in the
industry, exploring synergy within insurance operations, and
integrating technologies for an enhanced customer experience.
The Hatch-a-Thon marathon garnered a substantial 40 entries,
each evaluated closely by Duck Creek's Innovation Anywhere
committee. Entries were evaluated based on criteria such as
innovation, product impact, business impact, and execution. Three
outstanding solution partner finalists, expert.ai, Glia, and
Milliman, and three commendable systems integrator finalists,
Capgemini, Coforge, and Cognizant, were selected to showcase their
ideas on the Formation '24 stage, where attendees had the
opportunity to witness the presentations of the finalists and cast
their votes for the most innovative solution.
The ultimate champions of the Formation '24 Hatch-a-Thon were
decided, with expert.ai from the solution partner category and
Cognizant from the systems integrator category emerging as the
winners. This year's winning solution partner team from expert.ai
presented their groundbreaking solution, Medical Treatment
Compliance with Q&A claims, which helps teams enhance treatment
for injured patients and reduce insurers’ costs by flagging
non-compliant provider plans against guidelines, while the
victorious systems integrator team from Cognizant showcased their
impressive creation, Nextgen Claim Assistant, which empowers loss
adjusters to generate contextual responses with meaningful insights
to accelerate decisions and quick claim settlement.
“Duck Creek’s unwavering commitment to propelling advancements
and simplifying complexity in the global property and casualty and
general insurance industry is reflected in its dedication to
fostering innovation and collaboration,” said Luis Amadeo, SVP
Product Strategy & Innovation at Duck Creek Technologies.
“Through events like the Hatch-a-Thon and our robust partner
ecosystem, Duck Creek is able to drive novel advancements for our
customers.”
About Duck Creek Technologies
Duck Creek Technologies is the intelligent solutions provider
defining the future of the property and casualty (P&C) and
general insurance industry. We are the platform upon which modern
insurance systems are built, enabling the industry to capitalize on
the power of the cloud to run agile, intelligent, and evergreen
operations. Authenticity, purpose, and transparency are core to
Duck Creek, and we believe insurance should be there for
individuals and businesses when, where, and how they need it most.
Our market-leading solutions are available on a standalone basis or
as a full suite, and all are available via Duck Creek OnDemand.
Visit www.duckcreek.com to learn more. Follow Duck Creek on our
social channels for the latest information – LinkedIn and X.
Media Contacts:Carley
Bunchcarley.bunch@duckcreek.com