January 29, 2015 8:30 AM ET

Software

Company Overview of OneShield, Inc.

Company Overview

OneShield, Inc. provides business software solutions to the property and casualty (P&C), and general insurance industry in the United States and internationally. It offers enterprise-class policy management, billing, rating, product configuration, and business intelligence and analytic solutions. The company also provides implementation, telephone and email support, training, and cloud services. It serves P&C insurers across various commercial, personal, and specialty lines. OneShield, Inc. has strategic partnerships with ACORD, IBM, iGATE, and Inforce Technologies. OneShield, Inc. was formerly known as Magnaspace, Inc. and changed its name to OneShield, Inc. in August 2000. The company was ...

62 Forest Street

Marlborough, MA 01752-3028

United States

Founded in 1999

Phone:

774-348-1000

Fax:

774-348-1001

Key Executives for OneShield, Inc.

Chief Executive Officer and President
Founder and Chairman of the Board
Age: 55
Co-Founder
Chief Administrative Officer
Executive Vice President of Product Delivery and Client Services
Compensation as of Fiscal Year 2014.

OneShield, Inc. Key Developments

OneShield, Inc. Launches New Core System Software Portfolio Through Cloud and Subscription Based Pricing Models

OneShield, Inc. has launched a new portfolio of software solutions designed specifically to meet the unique needs of niche market providers of insurance services and products. OneShield Market Solutions will provide enterprise-class, time-tested and proven core system insurance software solutions through standalone, subscription-based and cloud-based business models. These solutions enable smaller providers of insurance services and specialty products to compete and grow their businesses using the same powerful technology tools available to major insurers. Product offerings of OneShield Market Solutions include: Core System Software for Managing General Agencies, Core System Software for Third-Party Administrators, Core System Software for Workers Compensation Administrators, Core System Software for Self-insureds and Core System Software for Mutual and Regional Carriers.

MMIC, Insurance, Inc. Chooses OneShield Insurance Software

MMIC, Insurance Inc., is partnering with OneShield, Inc. to transform its core systems technology for future growth. To serve the rapidly-evolving and customized needs of its clients, MMIC is implementing OneShield's full suite of solutions, including components for policy management, billing, rating, claims, third-party partner management, reinsurance cession, reporting and analysis, and other core systems tools. MMIC will also collaborate with OneShield to develop a new claims processing component that will round out the OneShield enterprise suite.

Capitol Insurance Companies Selects OneShield Insurance Software as Enterprise Policy Management Solution

Capitol Insurance Companies has selected OneShield, Inc. as their enterprise core system technology provider. Capitol will launch a new professional liability division implementing OneShield Policy, followed by plans to expand the software across their enterprise. OneShield Policy is a configurable end-to-end policy management solution that automates and simplifies the complexities of every stage of the policy lifecycle. Additionally, Capitol has licensed an enterprise version of OneShield Billing for future deployment options. Capitol's customer-centric business model will provide their underwriting team with the ability to write policies across multiple lines of business for their agents- enabling better customer service and cross-selling opportunities. The goal is to be a one-stop shop for distribution partners.

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