A key to Beat’s entry into the U.S. market is the out-of-the-box options of the OneShield Market Options (OMS) SaaS platform. OMS supplies performance for coverage administration (quoting, binding, and servicing), billing (invoicing via to cost), and claims administration (first discover of loss via to cost), together with doc administration, reporting, and evaluation —all configurable for the complicated necessities of MGAs.
“We performed an intensive evaluation of accessible insurance coverage expertise platforms and chosen OneShield for a mix of causes, together with OMS’s all-in-one pricing mannequin, general system capabilities, and their deep trade expertise,” says April Galda Joyce, Beat Capital America’s CEO. “OneShield’s staff listened to us and clearly understood our general marketing strategy, and the platform itself has a superb fame within the startup and MGA market.”
“Final yr was a banner yr for OneShield’s SaaS providing as many startup insurers and MGAs sought to undertake scalable and configurable functions with confirmed speedy time-to-market implementation timelines,” says OneShield Chief Income Officer Liza Smith. “We’re so proud to have the ability to meet these similar standards for Beat Capital and stay up for partnering as they develop their enterprise within the U.S. market.”
For extra info or to schedule a media interview, please contact:
Vice President, Advertising and marketing
OneShield Software program
T: +1 774-348-1000
E: [email protected]
About OneShield Software program
OneShield supplies options for P&C insurers and MGAs of all sizes. Deployed within the cloud, our portfolio of standalone, subscription, and As-a-Service merchandise contains enterprise-class coverage administration, billing, claims, score, product configuration, enterprise intelligence, and good analytics. OneShield automates and simplifies the complexities of core techniques with focused options, seamless upgrades, collaborative implementations, and decrease complete value of possession. With company headquarters in Marlborough, MA, and workplaces in India, OneShield has 80+ merchandise in manufacturing throughout P&C and specialty insurance coverage markets.
For extra info, go to www.oneshield.com.
About Beat Capital
Beat Capital Companions (“Beat”) is a long-duration enterprise capital investor solely centered on the insurance coverage trade, providing the fitting people and groups startup funding, infrastructure, danger capital, and A+ rated paper, alongside skilled steerage and assist. Beat has launched eight companies since its founding in 2017, which collectively wrote gross premiums in extra of $500 million (USD) in 2021 and operates Lloyd’s Syndicate 4242. Beat is backed by skilled insurance coverage traders Bain Capital Credit score, Elliott Administration, and Amwins, in addition to its administration staff, and is dedicated to being the very best accomplice for entrepreneurial insurance coverage expertise.
For extra info, go to www.beatcapital.com.
SOURCE OneShield Software program