Insureds can pay in full or finance the premium in a single flow, at new business, endorsement, and renewal
Input 1, a provider of billing, digital payments, and premium finance technology and tech-enabled services for the insurance industry, and OneShield, a provider of core systems for property and casualty insurers and managing general agents, announced a strategic partnership agreement that makes Input 1’s payments and premium finance capabilities a pre-integrated part of the OneShield platform.
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Under the agreement, carriers, MGAs, and program administrators running OneShield can adopt Input 1 digital payments and premium finance pre-integrated with OneShield.
“When we call something pre-integrated, that is a commitment to our clients that the connection is already built and already running before they arrive. Input 1 has been live in our client environments for years. Formalizing the partnership means insurance carriers, MGAs, and program administrators can turn on digital payments and premium finance at implementation instead of sourcing and connecting them separately,” said Rex Blazevich, President, OneShield Market Solutions.
The integration covers premium collection at new business, endorsement, and renewal. A broad array of payment methods is supported, including debit/credit card, ACH, Apple Pay, Google Pay, PayPal, and Venmo. Payment options are also presented alongside premium financing at the point of purchase, so the insureds make one choice in one flow rather than moving through a separate process for each.
Proven with mutual clients
Organizations already running Input 1 within OneShield include Forrest T. Jones & Company (FTJ), an insurance broker and administrator serving associations and employer groups with more than 1.5 million members, and ALPS, a carrier specializing in lawyers’ malpractice insurance.
FTJ runs Input 1 digital payments within OneShield. FTJ processes more than 10,000 online submissions a year and binds most eligible policies without underwriter involvement.
ALPS uses Input 1 for agency-billed policies administered in OneShield, alongside standalone and recurring payments and its premium finance program.
“Carriers and MGAs shouldn’t have to choose between the core system that fits their business and the payment experience their policyholders expect. This partnership delivers both broad flexibility and an excellent customer experience,” said Todd Greenbaum, Chief Executive Officer, Input 1.
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