PMA Insurance Group, one of the largest and most established providers of workers' compensation and other property & casualty insurance products, enhances current billing software and automates manual processes with OneShield Billing
MARLBOROUGH, Mass., May 21, 2015 /PRNewswire/ -- With a strategic goal of adopting a premium billing system to consolidate existing platforms and the flexibility to innovate, PMA Insurance Group has selected OneShield Billing to enhance its current payments system.
OneShield Billing is a complete billing and receivables system for P&C insurers across all commercial, personal and specialty lines that simplifies and automates every stage of the billing cycle, from processing invoices and reconciliations through to creating tasks and detailed reporting.
"OneShield Billing provides PMA the ability to adapt the premium billing system to accommodate changing business models and reduce current manual process with features available from both processing and workflow perspectives," said Susan Hendricks, PMA's Vice President, Information Systems. "OneShield has a long-standing relationship with PMA, and they have knowledge of PMA's current premium billing processes along with an understanding of PMA as an organization."
OneShield Billing is designed specifically for enterprises handling complex payable and receivable transactions. Completely configurable, it empowers companies like PMA to design its own workflows and automate manual tasks throughout the billing lifecycle.
"We are very pleased to be expanding our partnership with PMA," explains OneShield's Senior Vice President, Sales and Marketing, Liza Smith. "OneShield Billing is a complete end-to-end solution that allows us to continue to serve PMA's billing needs now and into the future."
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.
SOURCE OneShield, Inc.