Planck vs Duck Creek Technologies
Side-by-side comparison of AI visibility scores, market position, and capabilities
New York AI commercial underwriting intelligence auto-researching business risk for insurance carriers; $53M from State Farm/Nationwide Ventures competing with Verisk for commercial lines underwriting data and risk scoring.
About
Planck is a New York-based insurance technology company providing AI-powered commercial underwriting intelligence — automatically researching businesses, collecting public data signals, assessing risk factors, and generating underwriting summaries for commercial insurance carriers and brokers in seconds rather than the hours of manual research that commercial underwriting traditionally requires. Founded by Elad Tsur and Amir Cohen and backed with $53 million raised from Team8, State Farm Ventures, Nationwide Ventures, and others, Planck serves 30+ commercial insurance carriers including Chubb, Markel, and W.R. Berkley for commercial lines underwriting acceleration.
Boston P&C insurance core systems (policy, billing, claims) taken private by Vista Equity in 2023 for $2.6B; competing with Guidewire for 200+ carrier and MGA cloud modernization.
About
Duck Creek Technologies is a Boston-based insurance core systems software company providing cloud-native policy management, billing, and claims processing platforms for property and casualty (P&C) insurance carriers, managing general agents (MGAs), and specialty insurers seeking to replace legacy mainframe infrastructure with modern SaaS systems. Taken private by Vista Equity Partners in July 2023 for approximately $2.6 billion (previously traded as NASDAQ: DCT), Duck Creek serves 200+ insurance customers including The Hartford, Zurich, and Nationwide through its OnDemand cloud platform.
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