WESTBOROUGH, Mass.--OneShield, Inc. and NetRate Systems are collaborating to address the rating system needs of small to mid-sized insurance carriers. The companies remain separate organizations but have agreed to combine efforts to address the needs of insurance carriers who want a tools-based configurable architecture provided by OneShield along with dedicated resources having over 25 years in the rating engine business offered by NetRate.
"Our partnership works exceptionally well with small to mid-market insurance carriers," advised Glenn Anschutz, CEO of OneShield. "Together, we can rapidly deploy solutions and then ease the burden of future management and updates via tool sets. NetRate has some of the most knowledgeable people in the industry to address one of the most vital needs of any insurance organization -- quoting accurate rates."
Dave Jordan, CEO of NetRate, advised: "Adding OneShield's toolset approach to our existing offering positions both our organizations to be able to satisfy any customer's needs. OneShield has developed a very disciplined approach to enable rapid rating customization that is blended seamlessly into any carrier's specific workflow or product mix."
