EXAMPLE Platform

Duck Creek Rating is a cloud-native insurance rating engine designed to help insurers manage complex pricing structures with greater speed and flexibility. As part of the Duck Creek Technologies suite, the platform separates rating logic from core system code, allowing actuaries and business analysts to design, test, and deploy insurance products without heavy reliance on IT teams. Its low-code interface provides a visual configuration environment where users can define rating rules and workflows through simplified logic structures, making it more accessible than traditional coding-heavy rating systems. A key strength of the platform is its product inheritance model, which allows insurers to create base products and extend them into multiple variations for different regions or market segments, reducing repetitive configuration work and accelerating product launches. Duck Creek Rating also includes what-if modeling tools that allow insurers to simulate pricing adjustments and analyze how potential rate changes could affect premiums, customer retention, and profitability before implementing them. Built for high-performance environments, the system can process hundreds of thousands of quotes per day while maintaining fast response times and stable operations.