PMA Insurance Group, one of the largest and most established providers of workers' compensation and other property & casualty insurance products, replaces current billing software and manual processes with OneShield Billing
MARLBOROUGH, Mass., May 21, 2015 /PRNewswire/ -- With a strategic goal of adapting its premium billing system to accommodate changing business models and reduce current manual processes, PMA Insurance Group has selected OneShield Billing to enhance its current payments system.
OneShield Billing is a comprehensive billing and receivables system for P&C insurers across all commercial, personal and specialty lines that simplifies and automates the billing lifecycle, from processing invoices and reconciliations to creating tasks and detailed reporting.
"Along with adding capabilities such as automated credit card payment processing, we are looking to enhance our legacy system's processing and workflow perspectives," says Susan Hendricks, PMA's Vice President, Information Systems. "OneShield has a long-standing relationship with PMA, and it has knowledge of PMA's current premium billing processes along with an understanding of PMA as an organization."
OneShield Billing is designed specifically for enterprise billing handling. Completely configurable, it empowers companies like PMA to design their own workflows and automate manual tasks throughout the billing lifecycle.
"Agent and customer service levels are also significantly enhanced with OneShield Billing," says OneShield's Senior Vice President, Sales and Marketing, Liza Smith. "It provides web portal capabilities, built-in commission management, flexible equity-based billing, payment and delinquency plans, and is easily integrated with third-party document and payment systems.
"OneShield," she adds, "is proud to support PMA as it transforms its business for the future with this end-to-end solution."
About OneShield Inc. OneShield, Inc. delivers core business software solutions to the global P&C and General Insurance industry. Our portfolio of standalone, and subscription- and cloud-based, software products includes enterprise-class policy management, billing, claims, rating, product configuration, and business intelligence and analytic solutions that leverage a tool-based open architecture and single data model platform to streamline your business. OneShield Insurance Software automates and simplifies the complexities of core systems with targeted solutions, seamless upgrades, collaborative implementations, and lower total cost of ownership.
OneShield, Inc. has a combined 44 products in production across all commercial, personal and specialty lines of business. With its corporate headquarters in Marlborough, MA and offices in Australia, Canada and India. To learn more, visit oneshield.com.
About PMA Companies PMA Companies provides risk management solutions and services in the U.S., specializing in workers' compensation and offering property and casualty insurance. Headquartered in Blue Bell, PA, PMA Companies is a member of Old Republic Companies. Old Republic International Corporation is one of the nation's 50 largest publicly held insurance organizations. PMA Companies includes the PMA Insurance Group, specializing in workers' compensation and other commercial property & casualty insurance products; PMA Management Corp. and PMA Management Corp. of New England, providing results-driven TPA and risk management services. To learn more, visit www.pmacompanies.com.