OneShield Client Conference Sees Major Acquisition and New Product Announcements

 Marlborough, MA – More than 100 attendees from the global insurance industry attended the OneShield annual client conference wherein OneShield announced its upcoming release of an enterprise-level software solution for the lifecycle management of insurance claims. This new product completes the enterprise suite of OneShield Insurance software products, and will leverage the company’s open architecture and ‘Power of One’ philosophy – using the same data model, architecture, partner management, and master database as other products, such as OneShield Policy and OneShield Billing.

 The company also announced the purchase of key strategic and intellectual property assets of   Clear Data Strategies, LLC (CDS). CDS provides subscription cloud-based and site-installed software solutions for claims processing and policy administration for the property and casualty (P&C) insurance market. Customers include mid-sized and niche P&C carriers, self-insured organizations, specialty workers compensation insurance providers requiring full NCCI compliance, and TPAs and MGAs.