Specialty Lines and Excess & Surplus (E&S) insurers navigate unique opportunities and challenges, serving hard-to-place risks and niche markets. Challenges include volatile conditions, complex underwriting, and specialized expertise demands. Tailored core technology solutions are pivotal, streamlining underwriting, facilitating accurate risk assessment, and leveraging data analytics for profitable niche markets. A proven core platform addresses regulatory compliance, empowering Specialty Lines and E&S insurers to seize profitable opportunities, and navigate their distinctive landscape effectively.
That’s where OneShield comes in.
Specialty Lines and E&S insurance often involve intricate, high-value coverage. Our solution is equipped to handle complex underwriting, rating, and policy issuance for these unique risks, ensuring that coverage is accurate, comprehensive, and tailored to your clients’ needs.
Expand your market reach by reaching your target audience through various distribution channels, including agents, brokers, wholesalers, and online platforms. OneShield’s solution supports multi-channel distribution, allowing you to connect with your audience wherever they are.
Leverage advanced analytics and risk assessment tools to evaluate and price specialty risks accurately. Gain valuable insights into risk exposures, enabling you to make data-driven underwriting decisions that contribute to profitability.
Compliance is critical in Specialty Lines and E&S insurance. Our solution offers robust compliance management and reporting capabilities to ensure that your operations adhere to regulatory requirements and industry standards.
Our platform is designed to adapt to your business model, not the other way around. Configure workflows, processes, and user interfaces to align with your specific specialty insurance operations.
Our robust suite of insurance software solutions, encompassing policy, billing, rating, and claims capabilities, is seamlessly integrated into a unified platform for streamlined operations and enhanced efficiency.
Supporting to over 90 lines of business, our configurable
solution offers prebuilt content and reusable workflows.
It adapts to changing business needs while ensuring
flexibility for company differentiation. With automated
rules and workflows, we streamline the end to end
insurance lifecycle for efficient straight-through
Rapid delivery of a Minimum Lovable Product (MLP) through the effective fusion of our technology and deep insurance domain knowledge, ensuring swift speed-to-value for clients.
Our annual license fee can encompass software, maintenance, hosting, implementation, upgrades, and a managed service plan. This pricing model alleviates variable fees, such as large upfront implementation costs and upgrades, in favor of a predictable annualized price.
OneShield's Policy, Billing, and Claims Administration Solutions provide the unique functionality tailored to needs of Specialty Lines and E&S insurers. Beyond the core features, here are some key highlights:
Digital strategies and priorities in Commercial Lines insurance.
OneShield solves the complex technology needs of Specialty Lines and Excess & Surplus lines insurers. Check out how:
Connect with a OneShield Specialty Lines and Excess & Surplus insurance solution specialist to discuss your technology needs, and to schedule a demo.