Westborough, Mass. – A Bermuda-based provider of customized reinsurance and insurance solutions, Montpelier Insurance Holdings deployed Westborough, Mass.-based OneShield Inc.’s Dragon, a tools-based, data-driven insurance underwriting, policy administration, rating and workflow engine, to support the administration of its commercial insurance product in the United States.
Signing the agreement in late January 2008, Montpelier set a goal to have the system up and in production within six weeks. This marks the most rapid deployment to date of the Dragon platform. It not only involved the configuration of the Dragon system to meet Montpelier’s business needs, but it also entailed the setup of a complete hosted solution by OneShield, a provider of insurance technology solutions, to deliver on the rapid time to market required by Montpelier. A focused implementation team and Montpelier’s ability to leverage the out-of-the-box commercial product definitions and workflows of the Dragon system accomplished this, the company said.
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