Key Insurance Company Selects Accenture to Help Drive Product Development
Personal Lines P&C insurer will use Accenture Duck Creek Software to support
rating and quoting for underwriters and agents
NEW YORK -- January 22, 2013
Accenture (NYSE: ACN) announced that Key Insurance Company has selected
Accenture Duck Creek Rating property and casualty (P&C) policy software to
support their product development and expansion initiatives. The insurer
offers personal automobile coverage in Kansas, Oklahoma, Nevada, Arizona, and
Alabama and will use Accenture Duck Creek as its core rating system.
Key Insurance will also use the Accenture Duck Creek Express platform to
support web-based quoting for their expanding agency network. Express is
Accenture Software’s user interface configuration tool that enables companies
to easily deploy multiple, tailored user experiences. Rating, product
definition, and the user experience are all managed with a common toolset – a
single point of change. This capability gives Key Insurance greater product
development flexibility and helps accelerate the product implementation
process as they move to write in additional states.
“Our focus is on providing the best service to both our customers and agents,”
said Ed Sitz, IT Manager, Key Insurance. “We had two priorities in our
software selection – making product development and maintenance easier and
giving agents faster and more direct access to those products. Our extensive
vendor evaluation process made it clear that no other product in the market
could deliver these benefits as well as Accenture Software.”
“We’re pleased that our software was selected by Key Insurance to help support
their product development and geographic expansion goals,” said Michael A.
Jackowski, global managing director of Accenture Software for P&C Insurance.
“With its high velocity rating and rules engine, Accenture Duck Creek Rating
can help insurers move quickly into new markets by providing outstanding
support to both internal and external users.”
About Key Insurance Company
Key Insurance Company was chartered in June of 2007 as a Kansas domiciled,
admitted carrier to insure private passenger automobiles. The company is a
wholly-owned subsidiary of Med James, Inc., a Managing General Agency and
Wholesaler located in Overland Park, Kansas. Med James, Inc. has been
providing dependable products and excellent service to its private passenger
automobile policyholders since 1991 while operating as a Managing General
Agency writing through fronting carriers. The establishment of Key Insurance
Company completes our evolution to a linear organization, which includes a
field marketing staff, a dedicated in-house information technologies
department and specialized claims services required to operate profitably in
this class. Key Insurance Company is licensed in Kansas, Oklahoma, Nevada,
Arizona and Alabama, with plans for expansion in the near future. Its home
page is www.keyinsco.com.
Accenture is a global managementconsulting,technologyservices
andoutsourcingcompany, with 259,000 people serving clients in more than 120
countries. Combining unparalleled experience, comprehensive capabilities
across all industries and business functions, and extensive research on the
world’s most successful companies, Accenture collaborates with clients to help
them become high-performance businesses and governments. The company generated
net revenues of US$27.9billion for the fiscal year ended Aug. 31, 2012. Its
home page iswww.accenture.com.
Accenture Software combines deep technology acumen with industry knowledge to
develop differentiated software products. It offers innovative software-based
solutions to enable organizations to meet their business goals and achieve
high performance. Its home page is www.accenture.com/software. For P&C
Insurance software, its home page is www.accenture.com/pcsoftware.
Francois Luu, + 33 6 60 53 84 28
Sean Conway, + 917-452-6444
Julie Bennink, + 312-693-7301
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