Apax Partners-backed Duck Creek to acquire Imburse Payments.

Apax Partners-backed Duck Creek, an intelligent solutions provider, agreed to acquire Imburse Payments, a Swiss-based modern payments platform. Financial terms were not disclosed. “Imburse has developed a great product for the global insurance industry that is not only easy to integrate and implement, but also gives carriers incredible flexibility and payment choices. Imburse has a strong team that embodies Duck Creek’s core values. They have deep expertise across the payments ecosystem and will help to broaden Duck Creek’s insurance industry leadership," Mike Jackowski, Duck Creek CEO.