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OneShield Policy

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Overview

OneShield Policy helps insurers configure product logic, rating structures, and coverage packaging. It reduces dependence on manual rule maintenance, though the initial configuration requires specialized technical effort. Overall, it suits insurers managing complex product portfolios that require controlled configuration and consistent policy structuring.

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Starting Price
Custom

OneShield Policy Specifications

  • Policy Management
  • Underwriting Management
  • Quote Management
  • Premium Billing Management

OneShield Policy Features

Pre-Built Content

OneShield Policy software includes pre-configured insurance content used to reduce manual system setup during product implementation. It provides predefined data models that structure policy data, along with rule sets that govern underwriting decisions and policy validations. The platform also includes workflows for policy lifecycle stages, report templates for operational tracking, and dashboards covering various insurance lines.

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Underwriting

OneShield Policy features an underwriting module that automates policy evaluation using rule execution and structured decision routing. It processes submissions using underwriting rules that determine whether to accept, refer, or reject. Underwriters are assigned tasks based on authority levels, and each action is logged through notes and journals. The system also supports event-based policy suspension for catastrophe-related conditions.

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Relationship Management

This functionality consolidates customer and partner records used across policy operations. It stores insured details, broker information, and interaction history within a single record structure. The system provides authorized external partners with controlled access to relevant policy data depending on role permissions defined by the insurer.

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Package Designer

The platform supports creating bundled insurance products by combining multiple coverage types into a single policy. It allows insurers to define relationships between commercial and personal lines and configure coverage of dependencies. OneShield Policy also enables product rules that govern eligibility and bundling logic across different policy types.

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OneShielf Designer

The software enables configuration and maintenance of insurance products through a guided design environment for both business and technical users. It supports structured updates to products, rules, and configurations using OneShield Designer. The system also supports CI/CD release cycles for controlled deployment of updates and ongoing system maintenance with reduced external vendor involvement.

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Pros And Cons of OneShield Policy

Pros

  • Improves consistency in policy processing decisions

  • Reduces effort required to manage multi-line insurance portfolios

  • Reduces time spent searching for policy and customer details

  • Reduces time spent on manual underwriting tasks

  • Shortens turnaround time for launching and updating insurance products

Cons

  • Lack of integrations

  • Limited mobile accessibility

  • Modifying core products can be complex

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Frequently Asked Questions

Who are the typical users of OneShield Policy?

Typical users of OneShield Policy include various insurance industry professionals and sectors, such as liability and casualty, healthcare, specialty carriers, commercial property, and MGAs (managing general agents).

What level of support does OneShield Policy offer?

OneShield Policy offers phone and email support options.

What language does OneShield Policy support?

OneShield Policy supports the English language.

Does OneShield Policy have a mobile app?

No, OneShield Policy does not have a mobile app.

What other apps does OneShield Policy integrate with?

The platform’s architecture allows integration via APIs and third-party solutions.

How much does OneShield Policy cost?

The platform’s starting price is estimated to fall in the range of $500 to $1,000/feature/month. Get a customizable OneShield Policy price quote today.

Does OneShield Policy offer an API?

Yes, OneShield Policy offers an API to its users.