OneShield Software Strengths, Domain Expertise, and Key Differentiators
OneShield provides solutions for P&C insurers and MGAs of all sizes. Deployed in the cloud their portfolio of standalone, subscription, and As-a-Service products include enterprise-class policy management, billing, claims, rating, product configuration, business intelligence, and smart analytics. OneShield automates and simplifies the complexities of core systems with targeted solutions, seamless upgrades, collaborative implementations, and lower total cost of ownership. Specializing in Personal, Commercial, Life, and Specialty Market, OneShield has a combined 46 lines of business in production among clients from all around the world.
OneShield Software Recent Developments
Striving to provide cost-effective insurance and a great member experience, in November 2021, Southern States Insurance Exchange chose OneShield Software's SaaS offering, OneShield Market Solutions, to replace its legacy policy management system.
In November 2020, OneShield Software, a provider of core software solutions to P&C insurance companies, received a growth investment from a private investor group led by Bain Capital Credit, LP, and Pacific Lake Partners.
OneShield Software Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying OneShield Software applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of OneShield Software and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified OneShield P&C Solutions, OneShield Life Solutions, OneShield Market Solutions, customers.
OneShield Software Overview
Ownership: - Bain Capital Credit, LP, and Pacific Lake Partners.
Number of Employees: 265
OneShield Software Key Enterprise and Cloud Applications
OneShield P&C Solutions, OneShield Life Solutions, OneShield Market Solutions,
OneShield Software Revenues, $M:
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* Enterprise Applications Revenues = License + Support & Maintenance + SaaS
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.
OneShield Software Revenue Breakdown By Type, $M:
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OneShield Software Enterprise Applications Revenues By Functional Markets, $M:
OneShield Software Enterprise Applications Revenues By Verticals, $M:
OneShield Software Revenues By Region, $M
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OneShield Software Direct vs Indirect sales
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OneShield Software Customers - Breakdown by Geo, Size, Vertical and Product
No. of OneShield Software Customers: 38
No. of OneShield Software Enterprise Applications Customers: 38
No. of OneShield Software Cloud Customers: x
No. of OneShield Software Cloud Subscribers: x
OneShield has around 30 customers including : Hiscox, Accident Insurance Company, Public Risk Underwriters of Florida Inc., Hiscox, Advantage Insurance, AlliedWorld, CapSpecialty, Federated Insurance, ICAT, The Hanover Insurance Group, Montpelier US Insurance Company, Main Street America, PMA Companies, Pure Insurance, SUNZ, and many others.
OneShield Software Market Opportunities, M&A and Geo Expansions
OneShield continues to grow its innovative platform through organic growth and recent new business wins, including several startup insurers. The recent investment in 2020, received from Bain Capital Credit, LP, and Pacific Lake Partners, will help accelerate OneShield’s continued expansion within the P&C insurance software market.
OneShield Claims automates and streamlines the largest variable expense for most organizations, the claims administration process which traditionally requires a high volume of manual interactions, therefore driving up the costs of administering a claim. With its intelligent, self-learning and highly customizable design, OneShield Claims is easy to configure and automate. It can automate complexities from the First Notice of Loss (FNOL) through to file closure across all lines of commercial, personal and specialty insurance.
OneShield Software Risks and Challenges
OneShield is focused primarily on providing solutions for P&C insurers, and expansion in other vertical markets could be a key for the long-term success of the company.
OneShield Software Ecosystem, Partners, Resellers and SI
With corporate headquarters and direct sales in Marlborough, MA, and offices in Australia, Canada, and India, OneShield does most of its sales directly. In addition, it has few resellers, such as asTech Mahindra, CGI, and MFX.
In June 2019, OneShiled decided to further enhance and expand its software development and quality assurance teams, with opening a new office in Goa, India tapping into renowned engineering schools and drawing in the highest skilled programming and system analysts from the region.
OneShield Software Cloud Infrastructure Insights
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- OneShield Software Public Cloud and Infrastructure (IaaS)
- OneShield Software Platform (PaaS)
- OneShield Software Application Delivery
- OneShield Software Private Cloud and Data Centers
Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.
Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).
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