(Photo credit: Terabass.)
Hiscox USA (New York), a global specialist insurer and the first insurance company in the U.S. to offer small business insurance direct and online, has selected OneShield as its new software provider for policy, billing, claims and reporting. OneShield reports that it is currently working with the insurer to deploy its new platform and migrate customer policies to the new system.
“As Hiscox continues to rapidly grow its business in the US, we needed to find a single technology platform that had the ability to meet both the demands of our operations and the evolving needs of our clients,” said Ben Walter, CEO, Hiscox USA. “We have a history of innovation at Hiscox, and we expect the OneShield platform will help us achieve greater efficiencies and productivity and a contemporary digital client experience.”
OneShield describes its Enterprise offering as designed to streamline technology operations onto a single platform. The vendor says the flexibility of the platform gives Hiscox USA the ability to communicate with external systems efficiently and achieve speed-to-market that matches the fast-moving segments the insurer serves.
Configurable to Unique Processes
“Among our platform’s many competitive advantages is that it gives organizations pre-existing insurance content, features and functions to configure to their own unique workflows and processes,” comments Glenn Anschutz, CEO, OneShield Software. “Hiscox’s longstanding commitment to excel at customer service while providing innovative specialist insurance solutions makes them a good fit for OneShield Enterprise’s customer-centric approach and highly extensive applications.”