OneShield Policy logo

OneShield Policy

by OneShield · Since 1999
No reviews yet
Active3+ countriesCloud
Quick facts
VendorOneShield
Year launched1999
StatusActive
Location62 Forest Street, Marlborough, MA 01752, US
Countries served3+
Languages1
IntegrationsN/A
Free tierNO
Free trialNO
Contact salesYES

About OneShield Policy

OneShield Policy is a "Powerhouse" for Property and Casualty insurers.

OneShield Policy is a "Powerhouse" for Property and Casualty insurers. It excels at turning complex, high-volume insurance operations into automated, manageable workflows. Its standout feature is the low-code designer, which gives insurers the independence to innovate without being tethered to their IT department. While it requires a significant initial investment and a steep learning curve, it provides the scalability and flexibility required for established carriers and growing MGAs to dominate specialized markets.

Pros & Cons

Pros
  • Can be tailored to extremely specific speciality lines of insurance that standard platforms can't handle.
  • The low-code environment is among the best in the industry for launching niche insurance products quickly.
  • Deeply integrated with US industry standards (ISO), simplifying compliance for domestic carriers.
Cons
  • The sheer amount of configuration options can be overwhelming and requires specialized training.
  • Large-scale enterprise transitions can take 12–18 months to fully deploy.

Features

Key features

Dynamic Data Capturing

The interface adapts in real-time based on the user's answers, ensuring only relevant questions are asked during the application process.

Multidimensional Rating Engine

A powerful tool that manages complex pricing tables and jurisdictional tax rules across different regions.

Full Policy Lifecycle Management

Handles everything from initial quote and binding to renewals, endorsements, and cancellations.

Automated Underwriting

A robust rules engine that automates "straight-through processing" for standard risks while flagging complex cases for manual review.

Low-Code Designer Tool

Allows business analysts to configure products, rules, and workflows without writing deep code, speeding up time-to-market.

Additional features

Reporting & Analytics

Built-in dashboards to track production, loss ratios, and agent performance.

Workflow Orchestration

Assigns tasks to specific underwriters or departments based on workload and expertise.

Audit & Compliance

Comprehensive tracking of every change made to a policy for regulatory reporting.

Agent/Broker Portal

A dedicated workspace for external partners to manage their book of business.

Billing & Collections

(When integrated with OneShield Billing) manages premium invoicing and payment tracking.

Document Generation

Automatically creates professional policy forms, ID cards, and notices.

Renewal Automation

Configurable triggers to automatically offer or decline renewals based on loss history or risk changes.

Endorsement Management

Streamlines the process of making mid-term changes to active policies.

Quote & Bind

Rapid entry tools for agents to generate accurate quotes and issue policies instantly.

Pricing

Free trial
Free version
Request a quote
Promo Offer

Countries & Languages

3
Countries served
1
Interface languages
3
Billing currencies

Available in

United StatesCanadaAustralia

Interface languages

English

Billing currencies

🇺🇸USD🇨🇦CAD🇦🇺AUD

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