In today’s dynamic insurance landscape, startups can leverage digital distribution, personalization, niche markets, automation, and improved customer service to disrupt the industry. A robust core insurance platform is crucial, streamlining operations, ensuring compliance, empowering analytics, supporting online interactions, expediting claims, and enhancing underwriting precision. These advantages drive efficiency, competitiveness, and customer satisfaction, enabling startups to swiftly respond to market opportunities.
That’s where OneShield comes in.
For Startups, time-to-market is critical. OneShield offers an agile and scalable policy administration platform that allows you to bring your insurance products to market quickly and efficiently. Hosted in the cloud, our platform reduces your IT expenses and accelerates your operational readiness, helping you gain a competitive edge.
Our solution provides end-to-end policy and claims administration support, from underwriting and policy issuance to billing and claims management. It includes robust tools for managing policy data, premiums, claims, and customer information, all in one integrated system – and configurable to your specific insurance needs.
While our platform offers comprehensive market-ready functionality, we recognize that each startup is unique. Our team can work with you to configure the application to align with your specific processes and requirements, and efficiently apply your differentiators, so you can focus on growing your business.
OneShield’s technology is designed to grow with your Insurance Startup. As your portfolio expands, our platform can seamlessly accommodate increased policy volumes, additional lines of business, and new distribution channels.
Our robust suite of insurance software solutions, encompassing policy, billing, rating, claims, and reporting capabilities, is seamlessly integrated into a unified platform for streamlined operations and enhanced efficiency. A single comprehensive view of your customer account for policy lifecycle, billing, claims, and entities.
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 processing
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 offer a wide range of features to support your Insurance Startup's success. Beyond the core features, here are some key highlights:
From Startup to Market Leader – The Journey of PURE Insurance
OneShield solves the complex technology needs of Startups. Check out how:
Connect with a OneShield Insurance Startup solution specialist to discuss your technology needs, and to schedule a demo.