WESTBOROUGH, Mass., May 19, 2009 (GLOBE NEWSWIRE) -- OneShield, Inc., the developer of OneShield Dragon(r), an innovatively modern, rules and tools-based, data-driven policy management suite for the property/casualty insurance market, announced today the conclusion of its 2nd Annual User Group Conference.
The event, which drew more than 50 insurance company professionals, focused topics around a theme of getting on "The Road to Self-Sufficiency," which relates directly to the philosophy behind the tools OneShield provides that help clients control and manage their own products. OneShield President and CEO Glenn Anschutz kicked off the opening general session by reiterating OneShield's continued commitment to providing world-class products for the property/casualty industry and talked briefly about the company's strategy for future growth building on recent success such as Dragon's "strong positive" rating by Gartner in the March 2009 MarketScope for North American Property and Casualty Insurance Policy Administration Systems.*
"We want to be a true partner with our clients," said Anschutz. "In 2008, we signed three new clients and were able to put three others into production. We continue to emphasize process, product and people with our goal to always focus on success and being easy to work with."
Featured speaker, Steve Forte, research director at Gartner, conducted an interactive session called, "Timing Is Everything." During his session, Forte stressed that in spite of the recent economic malaise, P/C insurers are continuing to build the business case and fund policy administration replacement projects. Forte went on to discuss what Gartner believes are the driving factors leading insurers down this path and strategies for ensuring future success.
This year's two-day event included educational presentations focusing on rating optimization, rule and debugging techniques and business and integration requirement processes. Customer success stories were presented including;
-- Meeting the Agency Download Challenge with Bill Tedrick, CEO of
NxTech, where Bill joined forces with OneShield to present the
importance of streamlining the agency management system data
exchange process for the benefit of all participants within the
distribution chain.
-- Capitol Express (CapEx) -- Surety Underwriting Portal with Dalia
Dannenberg of Capitol Insurance Companies who discussed their
automated surety underwriting and distribution strategy, realized
benefits and agency acceptance.
Attendees were encouraged to network with peers, and the event successfully created an opportunity to collaborate and share best practices with other customers while providing an open forum for dialog with OneShield executives.
For further information, please contact Diane Noble at 508-475-0314 or dnoble@oneshield.com.
* The MarketScope is copyrighted 2009 by Gartner, Inc. and is reused with permission. The MarketScope is an evaluation of a marketplace at and for a specific time period. It depicts Gartner's analysis of how certain vendors measure against criteria for that marketplace, as defined by Gartner. Gartner does not endorse any vendor, product or service depicted in the MarketScope, and does not advise technology users to select only those vendors with the highest rating. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
About OneShield
OneShield, Inc. is the developer of OneShield Dragon(r), an innovatively modern, rules and tools-based, data-driven policy management suite for personal, commercial and specialty lines of the property/casualty insurance market. Dragon's highly configurable tool-set enables customers to configure all components by combining a defined standards-based business process with web-enabled components, including underwriting, rating, workflow, compliance management, CRM and policy administration so insurance organizations can deploy new products faster and manage existing business better. For additional information, visit www.oneshield.com.