#USA #Orlando #Insurance Technology #Duck Creek #Formation '26

Duck Creek Technologies Launches Formation '26 Amid Strong Growth Trends in Insurance Technology

Duck Creek Technologies recently inaugurated Formation '26: Agents of Innovation, its premier user conference, in a strong display of growth and innovation within the insurance technology sector. As fiscal 2026 progresses, Duck Creek demonstrates robust momentum with significant gains in Software as a Service (SaaS)
Annual Recurring Revenue (ARR). The company reported double-digit year-over-year growth fueled by new customer acquisitions and expansions among existing clients.

Hardeep Gulati, CEO of Duck Creek, conveyed enthusiasm about the company's achievements, mentioning their current relationship with over 370 customers worldwide, including 33 of North America's top insurance providers. This growth signals an increasing demand for Duck Creek's comprehensive solutions that offer efficiencies in policy management, billing, claims, and more. The modern insurers are keen on advanced systems that ensure compliance while fostering rapid and accurate operations.

During the keynotes at Formation '26, a gathering of more than 800 industry professionals, Duck Creek unveiled its new agentic AI platform, designed to transform the insurance sector further. This move reflects the growing trend toward intelligent, cloud-native platforms that propel cloud migration and automates core insurance processes. The conference also hosted notable speakers like Stephen Lord, Global CIO of AXIS Capital, discussing the current state of AI in insurance and its implications for efficiency and transformation.

In line with the conference theme, several customer transformations were spotlighted, showcasing the versatile applications of Duck Creek's OnDemand solutions:

• - Millers Mutual Insurance implemented Duck Creek's suite to modernize core systems, enhancing their service in the multifamily housing insurance market.
• - Frankenmuth Insurance adopted the Distribution Management feature to improve the oversight of agency operations, resulting in better collaboration across the network.
• - New Zealand's Medical Assurance Society integrated the entire suite of Duck Creek solutions to foster a data-driven approach to its operations, enhancing the experience for their members.

These initiatives underscore the critical role of technology in enhancing operational efficiency and improving customer experiences across various property and casualty lines. The attendees engaged in discussions assessing market trends, innovations, and how industry leaders are leveraging Duck Creek's capabilities.

Throughout the event, Duck Creek was recognized for its leadership in innovation, having been named a Leader in the 2025 Gartner Magic Quadrant for SaaS PC Insurance Core Platforms. Additionally, it received accolades from Everest Group for its underwriting orchestration and was noted in the IDC FinTech Real Results Award for its transformational impact on insurance processes.

As Duck Creek continues to evolve, its commitment to providing scalable, intelligent solutions remains unparalleled. The success of Formation '26 marks a pivotal moment for the insurance sector, as Duck Creek drives the narrative of modernization and digital transformation in a traditionally static industry. The future looks bright, with Duck Creek aiming not just to adapt but to lead the way in providing cutting-edge software that not only meets but exceeds the demands of modern insurers. By harnessing technological innovations like AI, Duck Creek is set to redefine what is possible in the world of insurance, ushering in a new era of efficiency and customer satisfaction.

With a firm foundation and remarkable foresight, Duck Creek Technologies is changing the landscape of insurance technology, ensuring that it remains agile, efficient, and ready to meet future challenges effectively.