Duck Creek Technologies (DCT) Acquires Prima XL
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Duck Creek leads a new era in reinsurance software with its agreement to acquire the premier cloud-based solution, Prima XL
June 28, 2022 2:30 AM EDTBoston, June 28, 2022 (GLOBE NEWSWIRE) -- Duck Creek Technologies (NASDAQ: DCT), the intelligent solutions provider defining the future of property and casualty (P&C) insurance, today announces it has agreed to acquire Prima XL, France-based Prima Solutions flagship commercial reinsurance technology solution. Prima XL will further enhance Duck Creeks value to current and future customers by simplifying reinsurance management. The transaction terms also include an agreement by Duck Creek to purchase Prima Compliance for Solvency II, a compliance solution which Duck Creek intends to continue offering in the French marketplace.
With the proposed acquisition of these two... More
