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Duck Creek Expands Global Platform Strategy with Multi-Country Layer Enhancements and Commitment to Support the London Market

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New platform investments help insurers scale internationally while supporting participation in the Lloyd’s specialty insurance marketplace

LONDON, June 10, 2026 /PRNewswire/ — Duck Creek, the intelligent core of insurance, today announced its global expansion strategy and expanded support for insurers operating across international markets at London ENGAGE, its annual conference for insurance leaders across the UK and European markets. Building on its commitment to help carriers scale globally, Duck Creek introduced enhancements to its Multi-Country Layer architecture and announced a strategic investment to support the London Market, including plans to pursue Lloyd’s market certification.

As the world’s leading marketplace for specialty and multinational risk, the London Market depends on complex collaboration among brokers, syndicates, carriers, cover holders and partners, supported by highly specialised process flows, extensive data exchange and rigorous operational controls. Duck Creek is investing in capabilities designed to support participation in the London Market and plans to pursue Lloyd’s market certification as part of its broader strategy to serve the needs of insurers operating across this global insurance ecosystem.

Complementing these London Market capabilities is the continued expansion of Duck Creek’s Multi-Country Layer (MCL) hierarchy design, a foundational capability that enables insurers to manage global and regional operations through a unified framework. Generally available today, MCL spans Duck Creek Policy, Billing, Claims and Clarity, with expansion underway across digital solutions. Designed for multinational insurers, MCL provides a common operational framework that helps carriers enter new markets faster, reuse existing configurations, and maintain consistency across global operations while meeting local market requirements.

“Duck Creek has long been a leader in core insurance technology, helping insurers modernise policy administration, streamline operations, and adapt more quickly to changing market demands,” said Hardeep Gulati, Chief Executive Officer at Duck Creek. “Our investment in London Market capabilities extends that leadership into one of the world’s most sophisticated specialty insurance ecosystems. By expanding Duck Creek’s intelligent core systems to support London Market operations and connectivity requirements, we enable insurers to manage the full policy lifecycle more efficiently, improve operational agility, and build on the investments, partnerships, and market infrastructure they already depend upon.”

The company is focused on allowing insurers to more easily access and operate across international markets while reducing operational complexity by improving efficiency across the end-to-end insurance lifecycle. By combining cloud-native architecture, agentic intelligence and deep insurance expertise, Duck Creek helps carriers operate more efficiently across markets while remaining responsive to local requirements.

“Global growth is no longer just about entering new markets; it is about doing so with speed, consistency and control,” said Jose Lazares, Chief Product Officer at Duck Creek. “Duck Creek’s Multi-Country Layer gives insurers a reusable operating model for scaling across regions while adapting to local market requirements. Our investment in London Market capabilities strengthens that foundation, extending Duck Creek’s leadership in specialty policy underwriting into one of the world’s most complex insurance ecosystems. Together, these capabilities help carriers reduce operational complexity, strengthen underwriting discipline and pursue more profitable growth across markets.”

The MCL hierarchy provides a flexible and structured approach to managing multi-country configurations, enabling insurers to:

Reuse components across regions, avoiding duplicative set-up;Reduce implementation timelines with preconfigured, out-of-the-box structures; andAccelerate entry into new markets while maintaining governance and consistency.

Duck Creek currently supports insurers operating across major global markets, including North America, the United Kingdom and Ireland, India, Australia, New Zealand and more. Continued investment will expand support across additional European and Asia-Pacific markets.

By combining a modernised configuration model, intelligent automation and expanded support for global insurance ecosystems, Duck Creek empowers carriers to:

Execute international growth strategies without duplicating effort;Adapt quickly to local regulatory requirements; andReduce operational complexity across multi-country deployments.

About Duck Creek 

Duck Creek is the intelligent core that leading insurers choose to build on. Purpose-built for property and casualty (P&C) and general insurance, Duck Creek unifies the full insurance lifecycle on a single platform with one data foundation. As an agentic platform, it connects intelligence across underwriting, policy, billing, claims, and payments of workflows where decisions are made and compliance is non-negotiable. Duck Creek enables carriers to launch products faster, adapt quickly to change, and grow with precision and confidence. Solutions are available individually or as a full suite via Duck Creek OnDemand. Visit www.duckcreek.com and follow Duck Creek on LinkedIn and X

Media Contacts: 
Marianne Dempsey / Tara Stred 
duckcreek@threeringsinc.com 

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KEYCORP APPOINTS CHRIS DOLL AS CHIEF STRATEGY OFFICER & DEPUTY CFO

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CLEVELAND, August 31, 2026 /PRNewswire/ — KeyCorp (NYSE:KEY) announced that Chris Doll has joined Key as Chief Strategy Officer & Deputy CFO, effective Aug. 31, 2026.

“I am very pleased to welcome Chris to Key,” said Clark Khayat, Chief Financial Officer and Head of Technology at KeyCorp. “Chris brings a strong track record of leadership, deep financial expertise, and a results-oriented approach that will help advance our strategic priorities. His ability to align strategy, financial discipline, and execution will be instrumental as we continue to drive long-term growth and create value for our stakeholders.”

Chris joins Key from City National Bank, a wholly owned subsidiary of Royal Bank of Canada, where he served as Executive Vice President and Chief Financial Officer. Prior to joining City National, he served in a variety of leadership roles with firms such as Fifth Third Bancorp, Omnicare, and First Financial Bancorp. Chris brings a proven track record of enhancing financial performance, capital planning, strategic transformation, and investor engagement.

“I am excited to join Key as we focus on the next phase of profitable growth amidst an increasingly complex environment,” said Chris Doll. “Key has a strong client-focused culture, a talented team, and a clear strategic vision. I look forward to partnering with colleagues across the organization to help drive disciplined growth, create value for our shareholders, and support the long-term success of the company.”

Chris will serve as a member of Key’s Finance leadership team and Executive Council, reporting to Clark Khayat. In this role, he will lead Key’s corporate strategy team and help guide the execution of the company’s strategic priorities.

About KeyCorp
KeyCorp’s roots trace back more than 200 years to Albany, New York. Headquartered in Cleveland, Ohio, Key is one of the nation’s largest bank-based financial services companies, with assets of approximately $191 billion at June 30, 2026.

Key provides deposit, lending, cash management, and investment services to individuals and businesses in 15 states under the name KeyBank National Association through a network of approximately 950 branches and approximately 1,100 ATMs. Key also provides a broad range of sophisticated corporate and investment banking products, such as merger and acquisition advice, public and private debt and equity, syndications and derivatives to middle market companies in selected industries throughout the United States under the KeyBanc Capital Markets trade name. For more information, visit https://www.key.com/. KeyBank Member FDIC.

 

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SOURCE KeyCorp

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Factal launches Advance and Explorer, extending risk intelligence beyond real-time alerts

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Two new premium products built on Factal’s trusted verification standard help security teams prepare earlier and respond faster.

SEATTLE, Aug. 31, 2026 /PRNewswire/ — Factal, the verified risk intelligence platform, announced two new premium products, Factal Advance and Factal Explorer. Together, they extend Factal’s verified intelligence beyond real-time alerts.

Factal has always helped security teams understand what’s happening in the moment. Advance and Explorer extend the timeline, one looking ahead to what’s coming, the other reaching back through the largest living archive of verified risk events in the world.

Accelerated by advanced AI and grounded in verified intelligence, Factal’s new products give security teams more time to prepare and more context to decide without leaving the platform they already trust.

“AI is only as trustworthy as the intelligence behind it,” said Cory Bergman, Factal co-founder and CPO. “Every answer in Explorer and every heads-up in Advance is grounded in global events that Factal journalists have verified, geolocated and written. That’s the difference between AI that sounds confident and intelligence you can act on.”

Factal Advance gives security teams early notice of upcoming events and developing situations that could impact their assets and operations. When a major event like a large public gathering is scheduled in proximity to an organization’s location, Factal members are notified in advance. Instead of reacting when it happens, security teams can plan for it days ahead.

Advance also provides forward-looking intelligence, written by Factal’s editors, to help operations plan for severe weather, geopolitical instability and other emerging developments.

“Our editors spend hours every week studying developments in their respective regions and planning coverage for the weeks and months ahead. Until now, that work has stayed behind the scenes,” said Jillian Stampher, Factal’s head of news. “As seasoned journalists, they tap deep knowledge of local conflicts, political dynamics and historical unrest to go beyond the who, what, where and tell you why it matters.”

A powerful AI discovery engine, Factal Explorer makes it easy to get direct answers to questions like “What just happened in Rome?” or “Have any wildfires burned near our San Diego locations?” Answer are grounded in eight years of verified events, updated minute by minute. It’s the largest record of verified risk intelligence at your fingertips.

Each detail is cited to the corresponding Factal update and its original source, so validation takes a glance, not another search. Every event is precisely geolocated, so Explorer knows not just what happened, but how close it came to your offices, sites and people. With exclusive access to a deep verified archive, Explorer holds a structural advantage over AI tools that rely on an incomplete, often synthetic view of the public web.

Explorer is also built to Factal’s privacy standard: member data never touches an AI model and is never used for training. Assets, travelers and users stay private.

Both products will be available this fall. Join the waitlist to be the first to trial Factal Advance and Factal Explorer.

For more information, contact hello@factal.com.

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SOURCE Factal

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Nscale Closes Approximately $3 Billion in Financing for Both Ward County, Texas and Madison County, North Carolina AI Deployments

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Company achieves investment grade ratings on both facilities

LONDON, Aug. 31, 2026 /PRNewswire/ — Nscale, the hyperscaler engineered for AI, today announced the closing of approximately $3 billion in aggregate commitments across two senior secured delayed draw term loan facilities (“DDTLs”), one supporting its Ward County, Texas campus and the other its Madison County, North Carolina site. The loan facilities, which have each received investment-grade ratings with stable outlooks, provide up to $1.85 billion for Ward County and up to $1.2 billion for Madison County.

The facilities will primarily fund the deployment of GPU infrastructure and associated networking, storage, and liquid-cooling equipment across both campuses:

Ward County, Texas: A purpose-built AI infrastructure campus designed to support high-density, next-generation compute deployments. The facility combines closed-loop direct liquid cooling and rear-door heat exchangers to enable efficient operation of advanced AI systems at scale. The up to $1.85 billion loan facility, issued through Nscale Ward County Borrower SPV, LLC, will fund the deployment of NVIDIA GB300 (Blackwell Ultra) and VR200 (Vera Rubin) systems supporting approximately 275 MW of IT load.Madison County, North Carolina: A 96-acre colocation site with up to 40 MW of capacity. The up to $1.2 billion loan facility will fund site retrofit capital expenditures, GPU infrastructure and associated networking required to support high-performance AI compute deployments.

J.P. Morgan and Goldman Sachs served as joint lead arrangers, joint bookrunners, and co-structuring agents for both facilities. J.P. Morgan served as lead left arranger for Nscale’s Ward County facility. Goldman Sachs served as lead left arranger for Nscale’s North Carolina facility.

About Nscale
Nscale is a full-stack AI cloud platform. We bring together software, compute, and power in a vertically integrated offering – from a unified cloud platform for running AI training and inference, to the data centers and low-cost power that make it possible. Our mission is to build the engine of superintelligence and enhance access to the benefits of advanced AI for enterprises, governments, and the communities that depend on them.

For more information, visit www.nscale.com

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