Utica First Insurance Company
Utica First Insurance Company was founded by local Utica, New York businessmen in 1903, and has grown to become a leading insurer actively writing business in the states of Connecticut, Florida, Maryland, Massachusetts, New Jersey, New York, Ohio, Pennsylvania, and Virginia. Utica’s product line includes Homeowners, Landlord Package, Restaurant, and Tavern Program, Artisan Contractor Policies and Business Owner Policies, among others. Utica markets its products exclusively through Independent Agents and Brokers, growing at a greater pace and operating more profitable than the industry as a whole in recent years.
Utica had very specific criteria for their new system. They needed a solution that could handle their current distribution model while ensuring they could continue to transform their operations as required in the future. OneShield not only has the proven technology to help them today, but their architecture also ensures they are poised for the changing dynamics in the market.
Poised for Dynamic Market Changes
OneShield provides configurable policy management and billing components that automate any stage of the policy lifecycle, from submission, qualification, rating and quote processing to issuance, endorsement, renewals and cancellations, new product launches, and premium audits — all with reporting and statistical analysis capabilities.
Enabling Emerging Technology
Underlying the components is a core transaction platform that is data-driven, highly extensible and massively interoperable, creating the foundation of an eco-system for enabling the utilization of emerging technologies.