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Policy Administration

12:52 PM
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Berkshire Hathaway Specialty Selects Accenture

The company will use a cloud-based version of Accenture policy administration software.

Berkshire Hathaway Specialty Insurance will deploy the Accenture Duck Creek Suite of policy administration, claims and billing software through a software as a service (SaaS) model, the companies announced today.

"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 Roser, the CIO BHSI who was appointed last September, in a statement. "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."

The cloud has become increasingly popular for insurance companies who are looking to reduce infrastructure costs. The Hartford announced a cloud agreement with IBM last month. Berkshire Hathaway last was in the news after acquiring a telematics company in January.

[Accenture's John Cusano on cloud and other technologies shaking up insurance]

Nathan Golia is senior editor of Insurance & Technology. He joined the publication in 2010 as associate editor and covers all aspects of the nexus between insurance and information technology, including mobility, distribution, core systems, customer interaction, and risk ... View Full Bio

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