Duck Creek Technologies Inc's Corporate Customers have recorded an advance in their cost of revenue by 3.2 % in the 1 quarter 2022 year on year, sequentially costs of revenue grew by 16.16 %. During the corresponding time, Duck Creek Technologies Inc recorded a revenue increase by 9.76 % year on year, sequentially revenue fell by -0.16 %. While revenue at the Duck Creek Technologies Inc 's corporate clients fell by -2.08 % year on year, sequentially revenue grew by 2.35 %.
Duck Creek Technologies Inc's Customers have recorded an advance in their cost of revenue by 3.2 % in the 1 quarter 2022 year on year, sequentially costs of revenue grew by 16.16 %, for the same period Duck Creek Technologies Inc recorded revenue increase by 9.76 % year on year, sequentially revenue fell by -0.16 %.
Duck Creek Technologies Inc's Comment on Sales, Marketing and Customers
We have over 150 insurance customers, including four of the top five insurance carriers in North America. Many of our customers serve multiple lines of insurance (personal, commercial, and specialty) and are industry leaders in each of these distinct categories. Furthermore, some of our customers use our solutions in multiple countries. Our customers range from large national and multi-national carriers like Progressive, Liberty Mutual Insurance, AIG, The Hartford, Berkshire Hathaway Specialty Insurance, GEICO, and Munich Re Specialty Insurance to regional carriers like UPC Insurance, Farm Bureau Financial, Avant Mutual, IAT Insurance Group, and Mutual Benefit Group. Approximately 83 of our insurance customers, including over 47 insurance companies, use one or more of our SaaS products.
Duck Creek Technologies Inc’s Comment on Sales, Marketing and Customers
We have over 150 insurance customers, including four of the top five insurance carriers in North America. Many of our customers serve multiple lines of insurance (personal, commercial, and specialty) and are industry leaders in each of these distinct categories. Furthermore, some of our customers use our solutions in multiple countries. Our customers range from large national and multi-national carriers like Progressive, Liberty Mutual Insurance, AIG, The Hartford, Berkshire Hathaway Specialty Insurance, GEICO, and Munich Re Specialty Insurance to regional carriers like UPC Insurance, Farm Bureau Financial, Avant Mutual, IAT Insurance Group, and Mutual Benefit Group. Approximately 83 of our insurance customers, including over 47 insurance companies, use one or more of our SaaS products.
Sources:
Duck Creek Technologies Inc’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
Focus of this report: Duck Creek Technologies Inc’s corporate clients.
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