Leading U.S. Insurer Expands Existing OneShield Partnership with OneShield Billing
Marlborough, MA — May 21, 2015: With a strategic goal of adopting a premium billing system to consolidate existing platforms and the flexibility to innovate, PMA Insurance Group has selected OneShield Billing to enhance its current payments system.
OneShield Billing is a complete billing and receivables system for P&C insurers across all commercial, personal and specialty lines that simplifies and automates every stage of the billing cycle, from processing invoices and reconciliations through to creating tasks and detailed reporting.
“OneShield Billing provides PMA the ability to adapt the premium billing system to accommodate changing business models and reduce current manual process with features available from both processing and workflow perspectives,” said Susan Hendricks, PMA’s Vice President, Information Systems. “OneShield has a long-standing relationship with PMA, and they have knowledge of PMA’s current premium billing processes along with an understanding of PMA as an organization.”
OneShield Billing is designed specifically for enterprises handling complex payable and receivable transactions. Completely configurable, it empowers companies like PMA to design its own workflows and automate manual tasks throughout the billing lifecycle.
“We are very pleased to be expanding our partnership with PMA,” explains OneShield’s Senior Vice President, Sales, and Marketing, Liza Smith. “OneShield Billing is a complete end-to-end solution that allows us to continue to serve PMA’s billing needs now and into the future.”
For more information or to schedule a media interview, please contact:
Kaitlyn Jakovcic Sr Product Marketing Manager OneShield
Email: kjakovcic@oneshield.com
OneShield develops and delivers modern, flexible core systems to P&C carriers and MGAs. Built for speed, configurability, and real-world operations, OneShield’s policy administration, billing, and claims products have a proven track record helping insurers modernize without the cost, risk, and timelines typically associated with other vendors. Today, insurers process over $15B in premiums on OneShield platforms.
OneShield Enterprise (OSE) is a cloud-optimized core platform for insurers and MGAs writing personal, commercial, or specialty lines of business. OneShield Market Solutions (OMS) delivers a scalable, carrier-grade platform as a managed service for fast-moving commercial property, liability, and specialty carriers and MGAs. OneShield AI Hub is a secure platform that arms insurers with the latest AI and LLM capabilities without exposing private data, compatible with OSE, OMS, or any core system.
Learn why insurers trust the OneShield team to deliver at oneshield.com.