Insurance Software Industry Veteran Prepares Duck Creek for Significant Growth; Company Opens Columbia, SC Regional Office
Duck Creek Technologies, a provider of software and services enabling the insurance industry to design, develop, and deliver insurance products faster than ever, announced the appointment of G. Larry Wilson as chairman of its Board of Directors. The company also announced the opening of a new regional office in Columbia, South Carolina.
Wilson is the former chairman of the board, president, and chief executive officer of Policy Management Systems Corporation (PMSC), which merged with Computer Sciences Corporation (CSC) in 2000. With over 6,000 employees worldwide, PMSC was recognized widely as a leading provider of application software, related automation support, and outsourcing services for the global insurance and financial services industries. PMSC was a publicly held corporation, listed on the New York Stock Exchange and named by Business Week magazine as one of the top 100 information technology companies.
Wilson currently is a venture partner with Pequot Ventures, the venture capital arm of Pequot Capital Management which has $1.8 billion in committed capital.
“Larry Wilson’s experience will benefit Duck Creek tremendously,” said CEO Doug Roller. “His leadership abilities and industry insight have already led one insurance software company through rapid growth and great success. We look forward to leveraging his experience, vision and skills to guide us through our next period of significant growth.”
“I am excited to be back in the insurance industry,” said Wilson. “After studying all the major players in the insurance software market, I realized that Duck Creek has the right people, the right products, and the right company culture to become the premier provider of insurance software solutions and services.”
As chairman of Duck Creek’s Board of Directors, Wilson will work closely with Duck Creek’s management team in both the planning and execution of Duck Creek’s business strategy. “Larry will be much more than a sideline coach,” Roller stated. “We plan to have him in the game.”
About Duck Creek Technologies
Duck Creek Technologies is a software and services company that is changing the rules of the insurance business by accelerating the ability to achieve the industry vision of “Product in a Day.” The EXAMPLE Platform® enables insurance carriers to rapidly define, develop, deploy, and manage their insurance products and services – for any line of business. Duck Creek’s customers use the Platform’s flexible Service-Oriented Architecture for product definition, rating and underwriting, submission processing, policy administration, and legacy migration.
Duck Creek is one of America’s fastest growing private companies, appearing on the Inc. Magazine “Inc. 500” list for the past two consecutive years. Founded in 2000, the company is headquartered in Bolivar, Missouri, and has offices in Farmington, Connecticut, and Columbia, South Carolina.
For more information, visit http://www.duckcreektech.com or call 800-889-8401.