Marlborough, MA (Nov. 5, 2015) – With the goal of extending self-service capabilities, 24/7 availability and ease of use to agents and insureds, OneShield Market Solutions, the newly acquired solution of OneShield Inc., has introduced a cloud-based portal for insurers to rapidly handle submissions, quoting, incident intake and general policy and claim inquiries.
The portal specifically enables individuals to take charge of their insurance needs, while also offering a wide variety of benefits to both agents and insureds.
OneShield Market Solutions enables niche insurance providers such as MGA’s and regional carriers to grow their businesses with proven core system insurance software delivered in the cloud.
Portal benefits for agents include:
- Submission management encompassing all P&C lines of business
- Quick quote: using default program values for minimal data entry
- Full quote: extension to include additional underwriting rating components
- Automated underwriting rules and edits
- Proposal generation
- Email clearance and notification to underwriting
- Policy processing automation
- Payroll uploads
- On-line payments
- Claim reporting for agents
- All lines of business follow scripted interviews to report new incidents
Insured benefits include:
- Policyholder self-service
- Review policy billing statements
- Obtain PDF versions of processed forms related to inforce policies
- Update exposure information and self-report payroll
- Claim information and status
- Claim related payment history
- Incident Management
- Manage Incidents and report claims to the carrier
“We are excited to offer a portal that is fully integrated with our claims and policy administration systems,” says Bill Kuebler, President of OneShield Market Solutions. “Our products are designed for lower total cost of ownership and easy deployment by leveraging the flexibility of cloud-based delivery. As a result, any carrier can take advantage of this module, delivering increased efficiencies and expanded services to agents and insureds.”
OneShield, Inc. delivers core business software solutions to the global P&C and General Insurance industry. OneShield Insurance Software automates and simplifies the complexities of core systems with targeted solutions, seamless upgrades, collaborative implementations, and lower total cost of ownership.
OneShield Market Solutions is a division offering a specialized portfolio of standalone, and subscription- and cloud-based software products with enterprise-class policy management, billing, rating, product configuration, and business intelligence and analytic solutions that leverage a tool-based open architecture and single data model platform to streamline your business.
OneShield Market Solutions’ portfolio provides enterprise-class, time-tested and proven core system insurance software products to providers of specialized insurance services and products, such as Managing General Agencies (MGAs) and Third-Party Administrators (TPAs).
With its corporate headquarters in Marlborough, MA and offices in Australia, Canada and India, OneShield, Inc. has a combined 44 products in production across all commercial, personal and specialty lines of business. To learn more, visit oneshield.com.
Source: OneShield, Inc.