the intelligent solutions provider defining the future of property and casualty (P and C) insurance, today announced it has acquired Risk Control Technologies, Inc. (‘RCT’), a Toronto-based provider of risk management and loss control solutions. This strategic investment is set to transform how insurance carriers prevent loss and manage risk, enabling deployment of advanced AI and machine learning capabilities at the forefront.
‘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,’ said Mike Jackowski, Chief Executive Officer of Duck Creek Technologies. ‘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 preven
t losses, improve safety and better prepare for the future.
Source: BERNAMA News Agency
