Duck Creek develops portfolio with Imburse acquisition
9th January 2023Tweet
Duck Creek Technologies has announced a definitive agreement to acquire Imburse Payments, a Swiss-based modern payments platform.
Expected to complete in the second quarter of the year, the deal will see the Imburse platform integrated with Duck Creek’s suite of technology solutions while also supporting expansion across Europe, North America and Asia-Pacific.
Mike Jackowski, CEO of Duck Creek Technologies, said, “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.”
Oliver Werneyer, CEO of Imburse, said, “Being part of Duck Creek will further accelerate our mission to simplify how businesses around the world access the global payments ecosystem. We are excited to be part of Duck Creek and to work jointly to deliver modern technology innovations that transform the insurance industry for the future.”Tweet