|[February 16, 2017]
Capgemini acquires TCube Solutions in the US to advance its portfolio of managed services for the insurance industry
a global leader in consulting, technology and outsourcing services,
announced today the acquisition of TCube Solutions, Inc., an
Insurance IT services firm, the largest independent service provider
specializing in Duck Creek Technologies1. This
bolt on acquisition fits into Capgemini's (News - Alert) growth strategy to
accelerate the transition of its business portfolio, particularly in
TCube Solutions specializes in Property and Casualty (P&C) insurance
software and services. Its offerings include integrated policy
management, billing, claims operations, reinsurance management systems
and data strategy capabilities. Established in 2007, TCube Solutions has
built a 300 strong team meeting the systems integration and customer
experience needs of insurance clients in North America and the UK.
"TCube Solutions prides itself on its deep domain expertise and the
longevity of our customer relationships," comments Sam McGuckin,
President and CEO of TCube Solutions, who joins Capgemini. "Our
joining Capgemini will enable its broader customer base to benefit from
our established solutions and services, as well as provide TCube's
current customers the means to plan their transformational futures."
"TCube Solutions' growth trajectory and commitment to delivery makes
it a natural fit for Capgemini," said Thierry Delaporte, Group
Exeutive Board Member, responsible for Financial Services at Capgemini. "Their
market leading services and skill set in Duck Creek Technologies' based
offerings opens up new possibilities for Capgemini to address the needs
of the insurance industry and our strategic client base worldwide. We
are very pleased to welcome the TCube team and look forward to the
positive impact of their deep industry experience and excellence in
"We have worked hard to build a strong team with key skills and
expertise that are in great demand in today's fast moving insurance
market," explains Sabyasachi Patnaik, Delivery Lead, TCube
Solutions, who joins Capgemini. "As part of Capgemini we are looking
forward to helping a much wider base of clients build more agile
insurance services to enhance their customer experiences."
With more than 190,000 people, Capgemini is present in over 40 countries
and celebrates its 50th Anniversary year in 2017. A global
leader in consulting, technology and outsourcing services, the Group
reported 2016 global revenues of EUR 12.5 billion. Together with its
clients, Capgemini creates and delivers business, technology and digital
solutions that fit their needs, enabling them to achieve innovation and
competitiveness. A deeply multicultural organization, Capgemini has
developed its own way of working, the
Collaborative Business ExperienceTM, and draws on Rightshore®,
its worldwide delivery model.
Learn more about us at www.capgemini.com.
Rightshore® is a trademark belonging to
1 Duck Creek Technologies is a leading provider of
comprehensive Propery & Casualty (P&C) insurance software and services.
Employing progressive technology, Duck Creek solutions enable insurers
to optimize outcomes and enhance engagement through advanced digital and
data capabilities and integrated functionality that can be delivered via
the cloud or on-premise.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170215006369/en/
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