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Duck Creek Technologies to Acquire Imburse Payments

Source: Chloe

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US-based financial solutions provider Duck Creek Technologies has announced the agreement to acquire Switzerland -based modern payments platform Imburse.

Following this partnership, Duck Creek's clients will be able to use Imburse's products. The customers will have more flexibility in their payment choices and methods. 

One of the services that Imburse offers to their customers is the cloud-native Software-as-a-Service (SaaS) payment solution. This was built for the insurance industry, bringing it efficiency and security into end-to-end insurance transactions. The company provides insurance carriers that can quickly connect to the entire ecosystem at a lower cost, while being integrated to the existing financing infrastructure and processes.

The Imburse platform provides policyholders with an easy-to-use and flexible payment methods for their users. It also offers them the ability to secure payments safely and fast, while managing multiple partners for collecting and disbursements, all in one place.

Imburse will continue to provide their already existing users, client base, and markets all the services that they expect. In the meantime, the partnership with Duck Creek will offer the platform the possibility to expand across Europe, North America, and Asia-Pacific in order to attract new clients. 

(Source: The Paypers)

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