(Image source: ONU homepage.)
Omaha National Underwriters (ONU, Omaha), a workers’ compensation and payroll services provider that describes itself as having set out to replace “archaic industry practices with smarter strategies and streamlined processes,” has deployed OneShield’s (Marlborough, Mass.) cloud-based, as-a-service policy management solution within eight weeks, according to a joint statement. ONU will OneShield Market Solutions (OMS) as an integrated technology offering for policy, billing, claims, loss prevention and medical case management administration for workers’ compensation across the United States.
“With our emphasis on leveraging web-based technologies, we needed a solution that could accommodate our unique processing needs,” comments Naomi Wilson, COO of ONU’s parent company Omaha National Group.
ONU also selected OMS because it required a solution that would give business users and management easy-to-use reporting tools and access to business metrics, the statement says. With OneShield’s “As-A-Service” cloud-based application, ONU can accomplish the following according to the companies’ announcement of the solution go-live:
- Unify and automate the policy, billing and claims handling processes;
- Improve efficiencies and reduce risk with consistent handling of files;
- Adopt a truly paperless file management process;
- Eliminate many routine and manual tasks with a configurable rules engine;
- Centralize the user experience by reducing manual data entry into multiple systems; and
- Leverage software APIs and XML interfaces to third-party data providers.
“The speed-to-market capabilities of Cloud-based technology is the optimal solution for our business model,” comments Wilson. “In fact, OneShield Market Solutions’ ‘As-A-Service’ offering was up-and-running for testing within just weeks of our contract signing, allowing us to rapidly accelerate our work-flow processes and plans to roll out marketing in jurisdictions across the country.”
Clear Time-to-Market Differentiation
“We are proud to welcome Omaha National Underwriters to the OneShield family and pleased we could help deploy its solution within an accelerated timeline” comments Glenn Anschutz, President and CEO, OneShield. “This project timeframe speaks to the evolving trend we see for insurers wanting to rapidly adapt their businesses as the market dictates. By working in partnership with innovators such as Omaha National, we are delivering on these goals with SaaS solutions that give our clients a clear time-to-market differentiation in the marketplace.”