Marlborough, MA –September 9th, 2020: OneShield Software is pleased to announce California-based MIEC – a leading Reciprocal Insurance Exchange for the U.S. Medical Profession serving health professionals in U.S. Western states — has chosen OneShield Market Solutions (OMS) as the Software-as-a-Service (SaaS) provider for its core technology platform for policy administration, billing, claims and reporting.
“We were pretty clear from the outset of our search that we needed a system that could provide us the longevity our current systems had provided us, says Andrew Firth, MIEC’s President. “Key selection criteria for us was a fully supported SaaS solution and a partner that could address the unique needs of professional liability insurers. With OneShield, we’ll be moving rapidly through our technology transformation, to an end-to-end solution that will significantly enhance our capability to provide innovative and comprehensive policies for our members.”
OneShield’s next-generation solution will allow MIEC to offer separate Web portals for insureds and agents, easily integrate a variety of critical third-party systems, and improve systems for payments and distributing dividends. OneShield’s OMS platform provides end-to-end policy management for quoting, binding and servicing, handling the billing lifecycle from invoicing through to payment, and claims administration from first notice of loss through to payment. Extended capabilities include document management, reporting, and analysis. “We are delighted to be partnering with MIEC as they embark on their core system modernization journey to a SaaS model,” says Liza Smith, OneShield’s Chief Revenue Officer. “MIEC is a welcome addition to our growing roster of professional liability clients that have recognized the competitive advantages our SaaS platform can deliver to the success of their operations.”
About MIEC
MIEC provides medical professional liability insurance to physicians, medical groups, acupuncturists and other healthcare professionals in the U.S. West, including Alaska, California, Hawaii, and Idaho. Founded in 1975 and headquartered in Oakland, CA, MIEC is owned and operated for the benefit of over 7,400 policyholders. MIEC seeks to provide innovative and cost-effective medical professional liability protection and patient safety services for physicians and other healthcare professionals.
MIEC was created by physicians and their medical societies when insurance was unavailable to the medical community. MIEC is committed to a long-term philosophy of business conduct that ensures such a crisis never happens again. To learn more, visit: www.MIEC.com
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For more information about MIEC or to schedule a media interview, please contact:
Blair Tomlinson Director of Sales & Marketing, MIEC T: 510.596.4935 | M: 530.632.2487 | E: blairt@miec.com
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.