Accenture is set to buy Duck Creek Technologies, an insurance software house specialising in property and casualty programmes.
Duck Creek was advised by technology merger and acquisition firm Spurrier Capital Partners.
Accenture Software global managing director Colin Davies said: “This acquisition will enable Accenture to provide insurers with a leading, comprehensive component-based P&C software platform, with modules that can be implemented individually or collectively as part of a broader migration strategy, while reducing the total cost of ownership."
Duck Creek president and chief executive Steve Hall said: “By joining Accenture, we will bolster our continued commitment to our customers and the insurance industry.”
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