B2B Payments

Berkshire Hathaway Specialty Insurance Pairs With Cloud-Based Software

Berkshire Hathaway Specialty Insurance will implement the Accenture Duck Creek Suite through a Software as a Service (SaaS) model to support insurer’s policy, claims and billing functions. The integrated system will be hosted by the Accenture Cloud Platform and will enable BHSI to consolidate and streamline business processes on a single hosted platform, helping the insurer to adapt to changing market demands, enhance customer service and maintain competitively lower operating costs.

Berkshire Hathaway Specialty Insurance is a rapidly growing business and needs a robust and flexible core insurance IT platform that gives us a competitive advantage,” said James O. Roser, CIO, BHSI. “We expect Accenture Duck Creek to help us achieve key business objectives including accelerated product launches, enhanced claims management and a streamlined billing process. The combination of the full-scale functionality of the Accenture Duck Creek Suite and its ability to offer these capabilities as a cloud solution makes Accenture the ideal business partner for this highly strategic initiative.”

Berkshire Hathaway Specialty Insurance provides commercial property, casualty, healthcare professional liability, executive and professional lines insurance and programs for customers across the U.S.

“Organizations in the financial services industry are increasingly looking for leading software capabilities delivered through cloud services to help boost their productivity and get a faster return on technology investments,” said John M. Cusano, global managing director for Accenture’s Insurance Practice.

The Accenture Duck Creek Suite includes Duck Creek Billing, Claims and Policy solutions, which can be implemented alone or as part of a wider strategy. The suite is designed to help property and casualty insurers of all sizes improve customer service and lower costs by enabling them to configure products, transact lines of business and process claims more efficiently.

“What’s Hot” is aggregated content. PYMNTS.com claims no responsibility for the accuracy of the content published by the original source. 

 

——————————–

Latest Insights: 

Our data and analytics team has developed a number of creative methodologies and frameworks that measure and benchmark the innovation that’s reshaping the payments and commerce ecosystem. Check out the February 2019 PYMNTS Digital Fraud Tracker Report

Click to comment

TRENDING RIGHT NOW

To Top