MGA Startup RubiQon Risk Accelerates Launch With OneShield’s SaaS Offering

Focused on speed-to-market as a key competitive advantage, the MGA will use OneShield Market Solutions for policy, billing, claims and reporting.

(Image credit: Mibro.)

RubiQon Risk & Insurance Services (Cheyenne, Wyo.), a newly-launched MGA and a subsidiary of intelligent decision platform provider QOMPLX Inc. (Reston, Va.) has chosen OneShield’s (Marlborough, Mass.) OneShield Market Solutions (OMS) as its Software-as-a-Service (SaaS) provider for policy, billing, claims and reporting.

Conan Ward, General Manager and President, RubiQon Risk.

Focused on offering comprehensive risk management solutions from cybersecurity to tailored cyber insurance, RubiQon Risk believes product speed-to-market will be the key business driver and a competitive advantage for them.

“By combining the telematics and decision-making tools in the QOMPLX Underwriting technology platform with OneShield’s complementary policy management capabilities, RubiQon is able to get our new cyber insurance solutions to market quickly and offer our customers the high level of services and automation they should expect from us,” comments Conan Ward, General Manager and President, RubiQon Risk.

OneShield provides end-to-end policy management from quoting, binding, and servicing, handling the billing lifecycle from invoicing through to payment, and offers comprehensive claims administration from first notice of loss through to payment. Extended capabilities include document management, reporting, and analysis.

Helping Startups Go Live Quickly

“OneShield has extensive experience working with startups and we understand how to mobilize to help them go live quickly,” says Liza Smith, Chief Revenue Officer, OneShield. “Following what was one of the fastest sales cycles we’ve experienced, it is clear our SaaS offering checked all the boxes in RubiQon’s analysis. We welcome them to the OneShield family and look forward to getting them to market quickly.”

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Anthony R. O’Donnell // Anthony O'Donnell is Executive Editor of Insurance Innovation Reporter. For nearly two decades, he has been an observer and commentator on the use of information technology in the insurance industry, following industry trends and writing about the use of IT across all sectors of the insurance industry. He can be reached at AnthODonnell@IIReporter.com or (503) 936-2803.

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