OneShield, a provider of insurance distribution services over the Internet, has launched as a provider of e-commerce solutions for the $200 billion commercial insurance market in the U.S. and Europe. OneShield will provide insurance carriers, brokers, and non-insurance financial service firms with an array of turnkey, end-to-end e-commerce solutions.
OneShield Direct and OneShield Connect provide real-time risk analysis, streamlined policy application, and expert underwriting. These products also include automated rating, binding, and policy issuance for over eight lines of business in all 50 states, enabling providers to efficiently distribute and service commercial insurance products to both buyers and brokers with minimal technology and infrastructure investments.
The OneShield Brokerage, a licensed cyber-broker, allows non-traditional providers to leverage their existing client base and brand equity to provide a full range of commercial insurance products and services to their customers. The OneShield Call Center, a state-of-the-art 24-7 facility utilizing voice, fax, and chat, can be bundled with all OneShield products.
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