OverviewSuggest Edit

Duck Creek Technologies is a company developing property and casualty insurance software. It offers a suite of policy, billing, rating, claims, data insights, digital engagement, and distribution management applications. The company also provides a reinsurance management tool that allows P&C carriers to automate financial and administrative functions required by primary insurers to manage contractual relationships and settlement with reinsurance providers. Additionally, Duck Creek supplies the Industry Content solution that consists of pre-built commercial lines bureau content and integrations with third-party solution providers.

TypePublic
Founded2000
HQBoston, MA, US
Websiteduckcreek.com
Employee Ratings4.3

Latest Updates

Employees (est.) (May 2021)1,460(+4%)
Job Openings115
Revenue (FY, 2020)$211.7 M(+24%)
Share Price (Sept 2021)$49.4(-1%)
Cybersecurity ratingBMore

Key People/Management at Duck Creek Technologies

Michael A. Jackowski

Michael A. Jackowski

Chief Executive Officer
Matt Foster

Matt Foster

Chief Operating Officer
Eugene Van Biert

Eugene Van Biert

Chief Revenue Officer
Vincent Chippari

Vincent Chippari

Chief Financial Officer
Jeff Wargin

Jeff Wargin

Chief Product Officer
Christopher R. Stone

Christopher R. Stone

Chief Legal Officer
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Duck Creek Technologies Office Locations

Duck Creek Technologies has offices in Boston, Bernards, Bolivar, Columbia and in 8 other locations
Boston, MA, US (HQ)
22 Boston Wharf Rd
Bernards, NJ, US
110 Allen Rd 4th Floor, Basking Ridge
Bolivar, MO, US
1807 W Jones St
Columbia, SC, US
1441 Main St #400
Rosemont, IL, US
6250 N River Rd
Sydney, AU
360 Kent St
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Duck Creek Technologies Financials and Metrics

Duck Creek Technologies Revenue

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Duck Creek Technologies's revenue was reported to be $211.67 m in FY, 2020 which is a 23.6% increase from the previous period.
USD

Revenue (Q2, 2021)

62.7m

Gross profit (Q2, 2021)

35.1m

Gross profit margin (Q2, 2021), %

56%

Net income (Q2, 2021)

(6.4m)

EBIT (Q2, 2021)

41.6m

Market capitalization (14-Sept-2021)

6.5b

Closing stock price (14-Sept-2021)

49.4

Cash (28-Feb-2021)

76.1m

EV

6.4b
Duck Creek Technologies's current market capitalization is $6.5 b.
Annual
USDFY, 2018FY, 2019FY, 2020

Revenue

159.7m171.3m211.7m

Revenue growth, %

7%24%

Cost of goods sold

64.3m72.2m97.2m

Gross profit

95.3m99.1m114.5m
Quarterly
USDQ1, 2020Q2, 2020Q1, 2021Q2, 2021

Revenue

46.6m52.8m58.9m62.7m

Cost of goods sold

20.5m23.6m25.0m27.5m

Gross profit

26.0m29.2m33.9m35.1m

Gross profit Margin, %

56%55%58%56%
Annual
USDFY, 2019FY, 2020

Cash

12.0m389.9m

Accounts Receivable

25.5m29.1m

Prepaid Expenses

5.8m12.2m

Current Assets

58.5m449.3m
Quarterly
USDQ1, 2021Q2, 2021

Cash

361.2m76.1m

Accounts Receivable

27.9m34.7m

Prepaid Expenses

11.8m15.2m

Current Assets

420.7m436.1m
Annual
USDFY, 2018FY, 2019FY, 2020

Net Income

(7.8m)(16.9m)(29.9m)

Depreciation and Amortization

19.6m20.0m20.9m

Accounts Payable

(4.0m)(783.0k)(181.0k)

Cash From Operating Activities

11.8m14.8m25.7m
Quarterly
USDQ1, 2020Q2, 2020Q1, 2021Q2, 2021

Net Income

(4.0m)(6.5m)(4.7m)(11.0m)

Depreciation and Amortization

5.0m10.1m5.4m10.8m

Accounts Payable

(230.0k)168.0k712.0k508.0k

Cash From Operating Activities

(8.1m)(9.9m)(22.2m)(23.1m)
USDFY, 2018

Revenue/Employee

159.2k
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Duck Creek Technologies Operating Metrics

Duck Creek Technologies's Enterprise Customers was reported to be 59 in Jul, 2020. Duck Creek Technologies's Backlog was reported to be $363 in Q2, 2021.
Dec, 2018May, 2019FY, 2019Jul, 2020FY, 2020Q1, 2021Q2, 2021

Backlog

$1.64 k$550$456$363

Enterprise Customers

555659

Partners

4260

Patents (US)

23
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Duck Creek Technologies Acquisitions / Subsidiaries

Company NameDateDeal Size
Outline Systems IncOctober 17, 2018
Agencyport SoftwareAugust 02, 2018
YODILJanuary 04, 2017
Agencyport Software Corporation
Agencyport Software US Incorporated
Disco Topco Holdings (Cayman) L.P.
Duck Creek Technologies India LLP
Duck Creek Technologies Limited
Duck Creek Technologies LLC
Duck Creek Technologies Pty Ltd
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Duck Creek Technologies Revenue Breakdown

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Duck Creek Technologies revenue breakdown by business segment: 39.7% from Subscription, 11.2% from Maintenance and Support, 44.4% from Professional Services and 4.7% from Other

Duck Creek Technologies revenue breakdown by geographic segment: 94.7% from United States and 5.3% from All Other

Duck Creek Technologies Cybersecurity Score

Cybersecurity ratingPremium dataset

B

88/100

SecurityScorecard logo

Duck Creek Technologies Online and Social Media Presence

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Duck Creek Technologies News and Updates

Duck Creek Technologies Welcomes Marketing Industry Veteran Jeff Winter to its Executive Team as Chief Marketing Officer

Boston, Sept. 13, 2021 (GLOBE NEWSWIRE) -- Duck Creek Technologies (Nasdaq: DCT) announced today that experienced strategic marketing executive Jeff Winter has joined the company as Chief Marketing Officer. Winter will be responsible for developing and executing the company’s global marketing stra…

Avolanta Partners With Duck Creek Technologies, Offering Customer Service Tools to Help Carriers Drive Revenue

Avolanta's partnership with Duck Creek allows carriers to leverage core administration system data to create an intelligent and proactive approach to customer engagement

Verisk and Duck Creek Technologies Announce Enhanced Integration to Simplify, Streamline Insurer Workflows

Out-of-the-box integration allows insurers to seamlessly transmit claims data between Duck Creek Platform and Verisk claims-handling solutions Out-of-the-box integration allows insurers to seamlessly transmit claims data between Duck Creek Platform and Verisk claims-handling solutions

Duck Creek Technologies Announces Third Quarter Fiscal 2021 Financial Results

BOSTON, July 08, 2021 (GLOBE NEWSWIRE) -- Duck Creek Technologies (NASDAQ: DCT), a provider of SaaS-delivered enterprise software to the property & casualty (“P&C”) insurance industry, today announced its financial results for the three and nine months ended May 31, 2021.

Duck Creek Technologies Partners with Price Digests, Offering Insurers API-integrated Vehicle Asset Data Solutions

Comprehensive vehicle asset data now available to the insurance industry through the Duck Creek Content Exchange Comprehensive vehicle asset data now available to the insurance industry through the Duck Creek Content Exchange

Futran Solutions Joins Duck Creek Technologies Partner Ecosystem as Consulting Partner

EDISON, N.J., June 21, 2021 /PRNewswire/ -- New-Jersey-based digital technology organization Futran Solutions announced today that it has been named a consulting partner of Duck Creek Technologies, a leading provider of SaaS core systems for P&C insurance businesses. As a digital...
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Duck Creek Technologies Blogs

Top 5 Insurance KPIs to Track Agent Performance

Everyone knows that data and analytics are king in the insurance industry when it comes to evaluating everything from risk profiles and customer churn to marketing tactics and new product rollouts. But just as important as those metrics is how insurers measure agents’ job performance. Easily accessi…

vGHC 21: Breaking Down Barriers

Grace Hopper was a pioneer and visionary for the development and future of technology. As the first female recipient of the National Medal of Technology for her work in advancing the field computing, Grace Hopper’s achievements paved the path for the technology-enabled enterprise we have today. To h…

Must-See Insurance Software Solutions in 2021

The insurance industry is notoriously antiquated in many of its practices. However, driven by the digital transformation of insurance, many critical functions of this industry — think claims, billing, underwriting, and more — have become automated and highly reliant on software solutions. In the mar…

Duck Creek Technologies Positioned as a Leader in Gartner ® 2021 Magic Quadrant ™ for P&C Platforms, North America, Seven Times in a Row

Evaluation Based on Ability to Execute and Completeness of Vision Boston – September 17, 2021 – Duck Creek Technologies announced today that it has been recognized as a Leader in the 2021 Gartner “Magic Quadrant for P&C Core Platforms, North America.” This is the seventh consecutive time in whic…

Introducing Conversations on the Creek and the Duck Creek Partner Podcast Series

Duck Creek Technologies is incredibly excited to announce the launch of our new podcast series, Conversations on the Creek! It is an ongoing conversation wherein we explore the latest transformations and developments in P&C and General Insurance through discussions with industry thought leaders.…

NTT DATA Empowers Insurance Clients with Duck Creek Partnership

Companies bring digital transformation services to property and casualty insurers August 24, 2021 10:05 AM Eastern Daylight Time PLANO, Texas–(BUSINESS WIRE)–NTT DATA, a digital business and IT services leader, announced today that it has partnered with Duck Creek Technologies (Nasdaq: DCT), a leadi…
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Duck Creek Technologies Frequently Asked Questions

  • When was Duck Creek Technologies founded?

    Duck Creek Technologies was founded in 2000.

  • Who are Duck Creek Technologies key executives?

    Duck Creek Technologies's key executives are Michael A. Jackowski, Matt Foster and Eugene Van Biert.

  • How many employees does Duck Creek Technologies have?

    Duck Creek Technologies has 1,460 employees.

  • What is Duck Creek Technologies revenue?

    Latest Duck Creek Technologies annual revenue is $211.7 m.

  • What is Duck Creek Technologies revenue per employee?

    Latest Duck Creek Technologies revenue per employee is $145 k.

  • Who are Duck Creek Technologies competitors?

    Competitors of Duck Creek Technologies include Mitchell International, Sapiens International and Insurity.

  • Where is Duck Creek Technologies headquarters?

    Duck Creek Technologies headquarters is located at 22 Boston Wharf Rd, Boston.

  • Where are Duck Creek Technologies offices?

    Duck Creek Technologies has offices in Boston, Bernards, Bolivar, Columbia and in 8 other locations.

  • How many offices does Duck Creek Technologies have?

    Duck Creek Technologies has 12 offices.