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What is OneShield Policy?

Our cloud-based solutions offer a wide variety of standalone, subscription, and As-a-Service products that include high-quality policy management, billing, claims processing, rating, product configuration, business intelligence, and sophisticated analytics. OneShield's offerings are designed to meet the needs of all sectors, specifically focusing on mid to large-sized property and casualty insurers and specialty markets, thus providing vital technology for policy management, billing, claims, rating, and business analytics. This enterprise-grade solution is specifically tailored for the property and casualty insurance industry, equipping your organization to tackle future challenges and seize new opportunities. It also addresses the specific needs of niche financial service sectors, such as Managing General Agents (MGAs), Third Party Administrators (TPAs), regional insurers, workers’ compensation, and risk pools. The millennial generation is particularly noteworthy in this rapidly changing landscape, as their distinct purchasing behaviors and interactions with businesses encourage insurers to reassess their strategies and adopt transformative practices. Recognizing the influence of millennials on the insurance industry is essential, as it can lead to significant advancements and maintain a competitive edge. As insurers adapt to these changes, they must innovate to align with the expectations of the new consumer demographic.

What is MGA Systems?

Vertafore's MGA Systems is a specialized policy administration platform designed specifically for Managing General Agents (MGAs) and program administrators, facilitating the rapid introduction of new products and business lines. This comprehensive system integrates policy administration, accounting, and claims management, supported by event-driven workflows that enhance operational efficiency. Utilizing an agile development approach, it allows for the swift implementation of customized features and offers open APIs to ensure smooth integration with other systems. The platform is particularly adept at addressing the intricate needs of specialized risk management, various distribution models, and third-party integrations. Moreover, MGA Systems is distinguished by its ability to provide sophisticated and tailored reporting capabilities. By streamlining workflows through MGA processes and integrating with rating tools like NetRate, users can effectively manage tasks such as rating, quoting, binding, invoicing, and policy issuance. As a result, this system not only boosts operational efficiency but also equips MGAs to rapidly adapt to changing market demands while delivering exceptional service to their clients. With its focus on flexibility and customization, MGA Systems positions itself as a vital asset for MGAs striving for success in a competitive landscape.

Media

Media

Integrations Supported

UrbanStat

Integrations Supported

NetRate Commercial Lines Rating

API Availability

API Availability

Has API

Pricing Information

Pricing not provided

Pricing Information

Pricing not provided

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

24 Hour Support

Customer Service / Support

Standard Support
Web-Based Support

Training Options

Documentation Hub
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

OneShield

Company Website

www.oneshield.com

Company Facts

Organization Name

Vertafore

Date Founded

1969

Company Location

United States

Company Website

www.vertafore.com/products/policy-administration-system/mga-systems

Categories and Features

Insurance Policy

Policy Generation
Policy Issuance
Policy Processing
Rating Engine
Reinsurance Administration
Underwriting Management

Categories and Features

Insurance Policy

Not specified

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