OneShield Unveils Dragon Intelligence At ACORD-LOMA Insurance Systems Forum
New Analytics Component From Leading Policy Management Solution Provider Provides Uniform View for All Stakeholders
Westborough, MA and Las Vegas, NV - (Marketwire) - OneShield, Inc., the developer of OneShield Dragon®, an innovatively modern, rules- and tools-based, data-driven policy management solution, announced the release of Dragon Intelligence (DI) analytic reporting on May 24 during the ACORD/LOMA Insurance System Forum.
Property and casualty (P&C) carriers are realizing the power of understanding performance levels and trends in their key business units including realizing benefits such as greater insight into customer behavior, financial performance, and underwriting profitability. Dragon Intelligence takes into account carriers' specific business models to analyze specific key risk underwriting benchmarks as well as workflow job functions while interweaving external data sources to provide comprehensive, multi-disciplinary view of the complete insurance enterprise.
"DI offers every functional area such as agency management, channel marketing, underwriting and operations, a complete decision support system that provides insight into both the top and the bottom line," said Steve Forte, industry principal for OneShield. "As a carrier's book of business changes DI provides a hard, fast, real-time look at the book so you can set or adjust benchmarks based on the true appetite for risk."
Dragon's modular, service oriented architecture (SOA) enables DI to integrate with other reporting and analytic products such that content from both systems can coexist and interact with a bi-directional data flow.
"Given the economic malaise and soft market we are currently faced with, P&C insurers need real time insight into their operations in order to proactively react to changing market and business conditions," said Forte. "Having a granular view of key performance indicators will differentiate the leaders and followers."
For further information, please contact Meaghan Kenagy at 508.475.0188 or mkenagy@oneshield.com.
About OneShield
OneShield provides browser-based solutions to automate the sales and service of insurance and bond products for insurance carriers, major brokers, and managing general agents. Its flagship product, OneShield Dragon®, is a tools-based, data-driven insurance underwriting, policy administration, rating and workflow engine. Dragon provides configurable and modifiable options to meet today's goals and to adapt to future demands. OneShield has offices in Westborough, MA, Glastonbury, CT and Gurgaon, India. For additional information, visit www.oneshield.com.
SOURCE: OneShield, Inc.