Duck Creek Technologies to acquire Imburse Payments

Duck Creek Technologies announced a definitive agreement to acquire Imburse Payments, a Swiss-based modern payments platform. Imburse’s cloud-native software-as-a-service payment solution is built for the insurance industry. As part of Duck Creek, Imburse will continue to serve its existing client base and markets, while accelerating expansion plans for new clients across Europe and into North America and Asia-Pacific. The Imburse platform will continue to be available on a stand-alone basis and will also be fully integrated with Duck Creek’s suite of technology solutions, further enabling carriers’ digital transformation goals with modern tools. "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," said Mike Jackowski, CEO of Duck Creek Technologies. "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." The acquisition remains subject to customary closing conditions and is expected to close during the second fiscal quarter of 2023.