BOLIVAR, Mo., Sept. 28 /PRNewswire/ -- Duck Creek Technologies Europe Limited, a software and service solutions provider for the insurance industry, in partnership with Tata Consultancy Services (TCS), has been selected as the supplier of a new Commercial insurance processing system for AXA Insurance UK. Duck Creek's flexible approach combined with experience in the commercial market were key factors in the selection process. The solution will support the full policy life cycle enhancing AXA's customer service. As a market leader and one of the largest general insurers in the UK, AXA required a modern, flexible and future-proof solution to replace the existing legacy and back office systems. Duck Creek's EXAMPLE Platform® enables rapid product definition, development, deployment and management of products and services across multiple lines of business and multiple distribution channels. The solution empowers AXA to react with market-beating speed to changes in market conditions. The EXAMPLE Platform® requires no hard coding or complex programming and is a truly scalable and flexible solution. The modern architecture of the Duck Creek platform ensures a future-proof solution, whilst delivering business growth with a lower total cost of ownership. Duck Creek is partnering with Tata Consultancy Services who has a long-standing relationship with AXA, having worked globally on a number of large scale implementations. They bring with them a wealth of project management experience, as well as an in-depth knowledge of AXA and how its current systems operate. Anthony Middle, Managing Director of AXA Commercial said: "This is an exciting development in our journey towards achieving our strategy and vision. We have worked hard at listening to our customers and reorganizing our structure and processes to meet their needs - having the new IT platform will rejuvenate our product suite and improve our service capability, and help us to continue to build on the positive changes we have made. The partners we have chosen have a strong and credible background. Duck Creek has a proven track record in helping companies to transform traditional administration systems and TCS bring with them not only a wealth of project management experience, but also their intimate knowledge of how AXA and its current systems operate." Julian James, Managing Director Business Development, of Duck Creek Europe said, "We are excited to announce AXA as a new client. AXA scrutinized the European software marketplace to find a unique offering to replace their existing Commercial Lines System. The Duck Creek Solution delivers speed to market without compromising the quality of new product build, a solution with real agility to meet the demands of today and future markets." "This deal represents a great opportunity for Duck Creek to demonstrate our product functionality, performance and scalability and for AXA's customers to profit from our continued technological advancements," commented Steve Hall, CEO of Duck Creek Technologies, Inc. "By expanding our footprint in the UK, Duck Creek is recognized as a vendor at the forefront of modern insurance technology and we are furthering our position to support both carriers and their customers with advanced rating, policy administration and billing solutions." About Duck Creek Technologies Europe Limited Duck Creek Technologies Europe Limited is a provider of software and services to the insurance industry, providing next generation policy administration, billing, product definition, configuration and rating across multiple lines of business including Personal, Commercial and Coverholder business in the London market. Duck Creek is dedicated to enabling customers to develop insurance products and to sell and service those products in their chosen markets with unprecedented speed to market, flexibility, reach and quality. About AXA AXA Insurance is one of the largest general insurers in the UK and underwrites a broad range of products for individuals and businesses. Products are distributed primarily through brokers and corporate partners, with a growing presence in the direct market through its website http://www.axa.co.uk/ and Swiftcover, the 100% online insurance provider. AXA Insurance is part of the AXA UK group of operating companies. AXA UK is a part of the AXA Group. AXA Group is a worldwide leader in Financial Protection. AXA's operations are diverse geographically, with major operations in Europe, North America and the Asia/Pacific area. For full year 2008, IFRS revenues amounted to Euro 91.2 billion and IFRS adjusted earnings to Euro 3.7 billion. AXA had Euro 981 billion in assets under management as of December 31, 2008. The AXA ordinary share is listed on compartment A of Euronext Paris under the ticker symbol CS (ISIN FR0000120628 - Bloomberg: CS FP - Reuters: AXAF.PA). The American Depository Share is also listed on the NYSE under the ticker symbol AXA. About Tata Consultancy Services (TCS) Tata Consultancy Services is an IT services, business solutions and outsourcing organization that delivers real results to global businesses, ensuring a level of certainty no other firm can match. TCS offers a consulting-led, integrated portfolio of IT and IT-enabled services delivered through its unique Global Network Delivery Model, recognized as the benchmark of excellence in software development. A part of the Tata Group, India's largest industrial conglomerate, TCS has over 140,000 of the world's best trained IT consultants in 42 countries. The company generated consolidated revenues of US $6 billion for fiscal year ended 31 March 2009 and is listed on the National Stock Exchange and Bombay Stock Exchange in India. http://www.tcs.com/ DATASOURCE: Duck Creek Technologies, Inc. CONTACT: FWD PR, T, +0207 6232368, M, +07796 140963, , for Duck Creek Europe; or Jaye Tower of Duck Creek Technologies, Inc., +1-860-676-2328, ext., 4240, Web Site: http://www.duckcreek.co.uk/

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