Announced

Completed

Duck Creek Technologies completed the acquisition of Risk Control Technologies.

Synopsis

Duck Creek Technologies, a provider of comprehensive P&C insurance software and services for insurers, completed the acquisition of Risk Control Technologies, a provider of risk management and loss control software to the insurance industry. Financial terms were not disclosed. “As the world faces increasing risks—whether from climate change, cyber threats, or other emerging challenges—having advanced tools to manage these exposures is crucial. Risk Control is a leader in not only identifying potential loss, but preventing it through preemptive risk mitigation. In addition to sharing Duck Creek’s core values, Risk Control’s leadership and team members bring a wealth of insurance knowledge and experience. Together, we will help insurers work closely with their policy holders to prevent losses, improve safety and better prepare for the future,” Mike Jackowski, Duck Creek Technologies CEO.

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