{"id":537711,"date":"2021-09-13T19:03:07","date_gmt":"2021-09-13T23:03:07","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/lawcover-goes-live-in-australia-with-saas-core-systems\/"},"modified":"2021-09-13T19:03:07","modified_gmt":"2021-09-13T23:03:07","slug":"lawcover-goes-live-in-australia-with-saas-core-systems","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/lawcover-goes-live-in-australia-with-saas-core-systems\/","title":{"rendered":"Lawcover Goes Live in Australia with SaaS Core Systems"},"content":{"rendered":"

\nInsurer accelerates its digital transformation, leveraging the Duck Creek Suite OnDemand to improve the service it provides to the New South Wales, ACT, and Northern Territory legal communities in Australia
\n<\/h2>\n
\n

Sydney, Australia, Sept. 13, 2021 (GLOBE NEWSWIRE) — Duck Creek Technologies<\/a>\u00a0(Nasdaq: DCT) announced today that Lawcover, a provider of professional indemnity insurance to law firms in New South Wales, ACT, and NT, and a wholly-owned subsidiary of the Law Society of NSW, has gone live with the Duck Creek Suite<\/a>, implementing it via Duck Creek OnDemand<\/a>, the provider\u2019s SaaS solution for the P&C and general insurance industry. Lawcover\u2019s goal was to transform its business by, among other initiatives, replacing its aging legacy systems and migrating its legacy policy, party, and claims data to its new Duck Creek solutions. Despite starting the project in the middle of the Covid-19 pandemic and relying on remote work to implement core modules of the Suite (Policy, Billing, Claims, and Insights) in a SaaS environment, the project was completed due to the flexible nature of Duck Creek OnDemand and its ability to be configured and deployed by teams working from multiple parts of the world. Post go-live, Lawcover was able to renew 95% of its book in three months. The implementation was completed by Duck Creek\u2019s Professional Services<\/a> team, and data migration was completed by Duck Creek\u2019s partner Coforge<\/a>, using its accelerators for legacy data migration.<\/p>\n

\u201cOur focus is protecting and supporting the professional indemnity needs of our insured law practices and the lawyers who practice within them,\u201d said Lawcover CEO Kerrie Lalich. \u201cDuck Creek OnDemand gives us important tools\u00a0we need from a technical perspective to continue pursuing our goals. This is a decision we know will serve us well into the future as we move toward a digitised and highly customer-focused service model.\u201d<\/p>\n

Duck Creek Technologies\u2019 fully integrated Suite accelerates agility by managing across solutions. The Duck Creek Suite<\/a> provides the modern features and functionality needed to support business transformation and give insurers a competitive advantage.<\/p>\n

OnDemand is Duck Creek\u2019s cloud-based, SaaS delivery solution for all Duck Creek applications, providing all services, support, and computing resources insurers need. By leveraging the best available technology and continuously delivering new functionality to solve ever-changing insurance business challenges, Duck Creek OnDemand<\/a> enables a fundamentally new approach to competing in today\u2019s industry \u2014 one where technology supports strategy, rather than dictating it.<\/p>\n

\u201cIt was a remarkable achievement to execute this complex project in a virtual environment, primarily during the pandemic \u2013 especially as this was the first implementation of the Australian layer for a number of core modules of the Duck Creek Suite OnDemand. This accomplishment truly proves that such projects are no longer the exception, but rather the new standard in general insurance,\u201d said Shaji Sethu, Managing Director for APAC at Duck Creek Technologies. \u201cWe are thrilled that Lawcover has chosen SaaS core systems they know they can rely on now and in the future. Empowering their team with our solutions enables the insurer to focus on its customers instead of legacy systems maintenance, and we look forward to helping Lawcover continue to confidently protect and support the needs of its insureds.\u201d<\/p>\n

\n About Lawcover<\/strong>\n <\/p>\n

Lawcover is the single provider of approved professional indemnity insurance policies to law practices based solely in NSW. It also insures law practices in the ACT, NT, and many national law firms which have a presence in NSW. Lawcover provides professional indemnity insurance up to $2 million for each claim and, on application, can provide additional Top Up insurance up to $20 million. It has recently commenced offering Management Liability insurance to its insureds. Lawcover, with almost 20,000 lawyers insured, holds a unique position as Australia\u2019s only \u201cprofession-owned,\u201d licensed, and APRA-regulated insurer of the legal profession. It is a wholly owned but independent subsidiary of The Law Society of New South Wales. Learn more at https:\/\/www.lawcover.com.au<\/a>.<\/p>\n

\n About Duck Creek Technologies<\/strong>\n <\/p>\n

Duck Creek Technologies (NASDAQ: DCT) is a leading provider of core system solutions to the P&C and General insurance industry. \u00a0By accessing\u00a0Duck Creek OnDemand<\/a>, the company\u2019s enterprise Software-as-a-Service solution, insurers are able to navigate uncertainty and capture market opportunities faster than their competitors.\u00a0Duck Creek\u2019s functionally-rich solutions are available on a standalone basis or as a\u00a0full suite<\/a>, and all are available via Duck Creek OnDemand. For more information, visit\u00a0www.duckcreek.com<\/a>.<\/p>\n

\n About Coforge<\/strong>\n <\/p>\n

\n Coforge<\/a>\u00a0is a leading global IT solutions organisation, enabling its clients to transform at the intersect of unparalleled domain expertise and emerging technologies to achieve real-world business impact. We leverage AI, Cloud and Insight driven technologies, allied with our industry expertise, to transform client businesses into intelligent, high growth enterprises. Today our proprietary platforms power critical business industries. Our 21,000 technology and process consultants engineer, design, consult, operate and modernise systems across the world. For more information, visit\u00a0www.coforgetech.com<\/a>.<\/p>\n

\n Duck Creek Media Contact:<\/strong>
\n
Paul Rechichi
Racepoint Global
617-624-3295
prechichi@racepointglobal.com<\/a><\/p>\n


\n
\n \n <\/div>\n

\n
Sam A. Shay\r\nDuck Creek Technologies\r\n+1 (857) 201-5784\r\nsam.shay@duckcreek.com\r\n<\/pre>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"
Insurer accelerates its digital transformation, leveraging the Duck Creek Suite OnDemand to improve the service it provides to the New South Wales, ACT, and Northern Territory legal communities in Australia Sydney, Australia, Sept. 13, 2021 (GLOBE NEWSWIRE) — Duck Creek Technologies\u00a0(Nasdaq: DCT) announced today that Lawcover, a provider of professional indemnity insurance to law firms in New South Wales, ACT, and NT, and a wholly-owned subsidiary of the Law Society of NSW, has gone live with the Duck Creek Suite, implementing it via Duck Creek OnDemand, the provider\u2019s SaaS solution for the P&C and general insurance industry. Lawcover\u2019s goal was to transform its business by, among other initiatives, replacing its aging legacy systems and migrating its legacy policy, party, and … <\/p>\n
Continue reading “Lawcover Goes Live in Australia with SaaS Core Systems”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-537711","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nLawcover Goes Live in Australia with SaaS Core Systems - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/lawcover-goes-live-in-australia-with-saas-core-systems\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Lawcover Goes Live in Australia with SaaS Core Systems - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Insurer accelerates its digital transformation, leveraging the Duck Creek Suite OnDemand to improve the service it provides to the New South Wales, ACT, and Northern Territory legal communities in Australia Sydney, Australia, Sept. 13, 2021 (GLOBE NEWSWIRE) — Duck Creek Technologies\u00a0(Nasdaq: DCT) announced today that Lawcover, a provider of professional indemnity insurance to law firms in New South Wales, ACT, and NT, and a wholly-owned subsidiary of the Law Society of NSW, has gone live with the Duck Creek Suite, implementing it via Duck Creek OnDemand, the provider\u2019s SaaS solution for the P&C and general insurance industry. 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