SOURCE: OneShield, Inc.

OneShield, Inc.

August 18, 2009 11:00 ET

The Dominion Licenses OneShield Dragon® for Modern Policy Management

WESTBOROUGH, MA--(Marketwire - August 18, 2009) - OneShield, Inc., the developer of OneShield Dragon®, an innovatively modern, rules- and tools-based, data-driven policy management solution, is pleased to announce The Dominion of Canada General Insurance Company (The Dominion), one of Canada's oldest insurance companies, has licensed OneShield Dragon to handle the company's growing policy management needs.

"We are very pleased to work with a company as respected and firmly committed to the Canadian insurance market as The Dominion," said Glenn Anschutz, President and CEO of OneShield, Inc. "OneShield's technology, industry expertise and implementation methods obviously address the specific needs of Canadian insurers."

The Dominion's continuous drive to be highly responsive to the changing needs of the insured and the marketplace, in terms of new product introductions and overall business operations, led the company to select OneShield Dragon for its breadth of policy management functionality. Today, The Dominion provides a wide range of personal and commercial insurance coverages and services at competitive rates for Canadian customers. The company's rollout of OneShield Dragon is a multi-year initiative covering all product lines.

"As a requirement during our Proof of Concept, The Dominion required business users to independently configure products using Dragon," said Heather Peacock, Senior Vice President, Sales and Client Services for OneShield. "This speaks volumes to the self-sufficiency OneShield clients are able to immediately achieve. Dragon puts the business in control."

OneShield Dragon is a tools-based, data-driven insurance underwriting, policy administration, rating and workflow engine. Based on proven insurance practices and a well-defined data model, OneShield Dragon provides configurable and modifiable options to meet today's goals and to adapt to future demands.

"A critical consideration for The Dominion was finding a complete, modern policy management solution that would enable us to respond to market conditions and customer expectations quickly," said Janet Babcock, Chief Information Officer for The Dominion. "The powerful, flexible capabilities of OneShield Dragon are consistently lauded in the industry and this, coupled with their team's sincere commitment to The Dominion's success, truly differentiated OneShield from other vendors. We have been very impressed with the caliber of the OneShield people, their knowledge of insurance, Dragon and the Dragon tool set, and their collaborative style."

For further information, please contact Meaghan Kenagy at 678-459-2231 or mkenagy@onehsield.com.

About The Dominion

Canadian owned and operated since 1887, today The Dominion is one of the country's largest property and casualty insurers. The Dominion takes pride in providing Canadians with confidence that the cars, homes and businesses they value are protected. A fierce advocate for consumer interests, The Dominion is committed to making sure the insurance system works best for consumers. The Dominion strongly believes consumers should have access to independent, professional advisors, who provide advocacy and choice, which is why they distribute their products exclusively through independent brokers. The Dominion's priority is to earn and maintain the trust and loyalty of policyholders, employees and business partners. Visit thedominion.ca

About OneShield

OneShield provides browser-based solutions to automate the sales and service of insurance and bond products for insurance carriers, major brokers, and managing general agents. Its flagship product, OneShield Dragon®, is a tools-based, data-driven insurance underwriting, policy administration, rating and workflow engine. Dragon provides configurable and modifiable options to meet today's goals and to adapt to future demands. OneShield has offices in Westborough, MA, Glastonbury, CT and Gurgaon, India. For additional information, visit www.oneshield.com.

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