Greater Than and Duck Creek Technologies enter partnership agreement to help motor insurance companies globally predict future loss ratios
- Duck Creek provides industry-leading cloud-based SaaS insurance software solutions
- Greater Than and Duck Creek have entered a solution partnership that will enable Duck Creek's customers to access Greater Than's crash probability and climate impact insights
- Greater Than uses AI to convert GPS driving data into driver impact intelligence that supports insurance profitability
Greater Than (GREAT.ST) the global provider of driver crash probability and climate impact intelligence and Duck Creek Technologies, the intelligent solutions provider defining the future of property and casualty (P&C) and general insurance, have entered into a solution partner agreement to give insurers clear insights into future loss, facilitate precision pricing, and support risk mitigation efforts.
"Our partnership with Greater Than strengthens Duck Creek's commitment to empowering insurers by helping them leverage the data that matters most," said Robert Fletcher, Sr. Partner Manager at Duck Creek. "We're excited to offer seamless access to Greater Than's crash probability and climate impact scores to create even more value for our platform and help our customers make profitable decisions based on data-driven predictions."
The Duck Creek and Greater Than agreement provides mutual customers with seamless access to Duck Creek's software solutions integrated with Greater Than's pattern artificial intelligence (AI) technology. Thanks to its predictive capabilities, Greater Than's AI converts GPS data into crash probability and climate impact insights for optimized profit and loss forecasting, improved risk mitigation and enhanced opportunities for customer engagement.
"Being able to predict crashes and loss costs before they happen, as well as the climate impact of an entire motor portfolio, is transformational for insurers," said Jim Noble, Global Director of Insurance and Head of The Americas at Greater Than. "We're delighted to collaborate with Duck Creek and provide the ability to integrate the AI that delivers this intelligence into Duck Creek's industry-leading platforms."