Site built by Composite – Webflow Agency NYC & UX Design Agency NYC

Transformative solutions reshaping the professional liability insurance landscape

OneShield’s comprehensive Policy, Billing, and Claims Administration Solutions are meticulously designed to provide the essential tools and capabilities, optimizing and streamlining processes in the vast landscape of professional liability insurance.
Advantage
Tailored Risk Management
In the realm of professional liability insurance, precise risk assessment is paramount. OneShield supports multiple rating units based on area of practice, specialties, and professional exposures (e.g. billable hours, employment status, years in practice, hospital beds, etc.).
Advantage
Configurability & Adaptability
Adapt to evolving market conditions and client demands seamlessly. Our highly configurable platform allows you to tailor your underwriting processes, coverage offerings, and policy management to meet the specific needs of your professional liability business.
Advantage
Multi-Channel Distribution
Expand your market reach by engaging customers through various distribution channels, including affinity groups, professional organizations, brokers, agents, and digital platforms. Our advanced insurance solutions support multi-channel distribution to connect with your audience effectively.
Advantage
Advanced Analytics and Reporting
Gain a comprehensive view of your professional liability book with interactive dashboards and detailed reporting. Track claims trends, monitor policy performance, and generate regulatory reports to support informed underwriting decisions.
Advantage
Enhanced Customer Engagement
Strengthen your relationships with policyholders through self-service portals and personalized communication, including certificates of insurance. Enhance customer satisfaction and loyalty in the professional liability insurance sector.
Advantage
Single Platform
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.
Advantage
Implementation Success
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.
Advantage
All-Inclusive Pricing Model
Our annual license fee can encompass software, maintenance, hosting, implementation, and upgrades. This pricing model alleviates variable fees, such as large upfront implementation costs and upgrades, in favor of a predictable annualized price.
Advantage
All-Inclusive Pricing Model
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.

Functionality Highlights

OneShield’s Policy, Billing, and Claims Administration Solutions offer the following key features tailored to professional liability insurers:
Policy
Policy Management
Key functionality:
Manage customer/entity data at an account and policy level, including relationships of customers across accounts, through the full policy lifecycle
Support for admitted and non-admitted products, including primary and excess coverage
Reinsurance tracking capabilities
Large schedule management to import facility and professional risk information
Configurable policy options and coverages, including ERP
Support for master policies
Specialized underwriting and policy issuance for professional service-related risks, including professionals and organizations
Ability to override premiums at the policy, coverage, and rating factor level
Billing
Billing and Accounting
Key functionality:
Flexible billing options for premium collection
Split bill and multi-payor functionality
Automated invoicing and premium calculations, both professional and organization bill
Integration with General Ledger financial systems and payment processors
Account bill administration and reconciliation
Claims
Claims Management
Key functionality:
Incident tracking is independent of claim creation
Integration with third-party claims adjusters and experts
Comprehensive litigation tracking and management, including budgets
Comprehensive claims handling for specialty risks
Assignment administration to internal and/or external parties through tasks, diaries, and notes
Streamlined claims processing for efficient resolution
Management of multiple coverages, including ERP
Reserve and payment administration
Analytics
Analytics & Reporting
Key functionality:
Real-time analytics for risk assessment and pricing
Comprehensive reporting for regulatory compliance
Robust business intelligence capabilities
Data-driven insights for strategic decision-making
Customer Engagement
Customer Engagement
Key functionality:
Self-service portals for policyholders and partners
Enhanced customer satisfaction and loyalty
Personalized communication to build strong relationships
Schedule Demo
Client Success

Full Entity Management for Professional Liability: A game changer for clients, employees & insurers

Download eBook