Contact Information: Media Contact: Jennifer Overhulse-King St. Nick Media Services 859-803-6597
Novarica Profiles OneShield Dragon(R) in Vendor Solution Review
| Source: OneShield, Inc.
WESTBOROUGH, MA--(Marketwire - October 1, 2009) - OneShield, Inc. is pleased to announce
the availability of the most recent Vendor Solution
Review (VSR) report by Novarica,
which features in-depth details about OneShield Dragon®, the insurance
industry's leading innovatively modern, rules- and tools-based, data-driven
policy management solution.
Each VSR report compiles information about a single vendor solution as well
as Novarica analyst insights and perspectives necessary for insurance
company executives to be able to rapidly compare a vendor's solutions
against company-specific requirements. This most recent report includes
details about OneShield Dragon's product functionality, user interface
(UI), product architecture and customer experiences with the product.
"We are very excited to have completed the first set of many VSRs to come,"
said Chad Hersh, a principal
in Novarica's insurance practice and author of the OneShield VSR. "They
provide a level of detail about vendors and their solutions never before
seen in an independent report."
The report praises OneShield Dragon's highly-modular design and the
solution's appropriateness for carriers adopting either a best-of-breed
approach or a gradual core systems modernization strategy. Enhancements
such as the improved user-interface navigation, which promotes more
efficient workflow, and the high degree of flexibility offered by OneShield
Dragon's administrative configuration tool are also detailed in the report.
OneShield Dragon is configurable "out of the box" to support all personal
and commercial lines of businesses, as well as specialty lines, bonds, and
simple individual accident and health. The system is a tools-based,
data-driven insurance underwriting, policy administration, rating and
workflow engine. Based on proven insurance practices and a well-defined
data model, OneShield Dragon provides configurable and modifiable options
to meet today's goals and to adapt to future demands.
For further information about OneShield or OneShield Dragon, please contact
Meaghan Kenagy at 508.475.0188 or mkenagy@oneshield.com. To purchase a
complete copy of the report, please visit the Novarica website at
www.novarica.com.
About Novarica
Novarica provides information, insights, and perspective on markets,
operations, and technology to financial services and insurance executives
and project teams. The company delivers its service through published
research, retained advisory services, and project-based consulting.
Novarica's research includes market and trend analyses, best practices
research, case studies, and independent analyses of insurance software
vendors. Novarica draws its knowledge from the personal experience of its
principals, the ongoing information gathering initiatives of dedicated
research staff, and regular communication with insurer executives through
informal networks and through the Novarica Insurance Technology Research
Council. More information is available online at www.novarica.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.