MUMBAI, India, Aug 21 (Bernama-GLOBE NEWSWIRE) — HDFC ERGO General Insurance Company Limited (HDFC ERGO), India’s leading private sector general insurer, has become India’s first insurer to use Duck Creek’s suite of cloud-native SaaS core solutions to design, underwrite and distribute health insurance products. This achievement establishes a new standard for the delivery of health protection and policyholder outcomes in the region.
Already leveraging Duck Creek’s cutting-edge SaaS policy, billing, rating and insights solutions for its commercial fire coverage products, HDFC ERGO partnered with Duck Creek to design and co-develop the health insurance line of business for distribution across channels including agency, broker, bancassurance, direct and digital partners. The design and implementation of the new line, to India’s specific market requirements, only took eight months thanks to the unique capabilities of Duck Creek’s solutions including Product Factory architecture, low-/no-code configuration and open APIs.