With the continuous growth of the general insurance market in India, global technology players are making their presence felt in the Indian market. Duck Creek Technologies has recently announced the signing of a comprehensive customer partnership agreement with HDFC ERGO.
Cloud-based SaaS platforms are gaining momentum with the aim of reducing costs and providing complete core insurance operations. Apart from standalone solutions, Duck Creek now introduces SaaS options for insurers based in India. Several insurtech and technology websites have already covered this news, including “Insurance Innovation Reporter” and “Yahoo Finance,” in the days leading up to this.
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