Input 1 and OneShield Collaborate for Enhanced Premium Finance Integration
In a significant move for the insurance technology landscape, Input 1 has teamed up with OneShield to create a powerful integration that streamlines premium finance and digital payments within the OneShield platform. This collaboration aims to offer insurance carriers, managing general agents (MGAs), and program administrators enhanced flexibility in payment options directly at the point of purchase, including significant moments such as new business, endorsements, and renewals.
Input 1 has established itself as a key player in the realm of billing and payment technologies tailored specifically for the insurance sector. The partnership with OneShield, known for its robust core systems designed for property and casualty insurers, marks an important step in evolving the user experience in financial operations. Under the new agreement, organizations utilizing the OneShield system can now seamlessly implement Input 1’s advanced digital payments alongside premium financing options without the hassle of separate setups.
Rex Blazevich, President of OneShield Market Solutions, stated, "When we refer to a solution as pre-integrated, it signifies that the connection has already been established and is functional before the client engages with it. Input 1 has been operational for years within our client environments, and formalizing this partnership enables our partners to activate digital payment functions right at implementation."
The integration supports a wide range of payment methods, including debit and credit cards, ACH transfers, Apple Pay, Google Pay, PayPal, and Venmo, all of which can now be utilized by clients when securing insurance policies. This innovative approach allows insureds to make one consolidated decision for payment and financing at the outset, eliminating the need for multiple processes that can lead to confusion and inefficiency.
Several organizations already utilizing Input 1 within the OneShield ecosystem, such as Forrest T. Jones Company, which aids over 1.5 million members through its insurance brokerage and administrative services, are already witnessing the benefits of this integration. FTJ processes upwards of 10,000 online submissions annually, allowing for rapid policy binding with minimal underwriter intervention. Furthermore, ALPS, a specialist in legal malpractice insurance, leverages Input 1 for managing agency-billed policies alongside a variety of payment options all integrated into OneShield.
Both Todd Greenbaum, CEO of Input 1, and Rex Blazevich, emphasize the importance of not forcing insurance carriers and MGAs to compromise between their desired core systems and the payment experiences expected by their policyholders. Greenbaum states, "This partnership represents both comprehensive flexibility and an exceptional customer journey, addressing the expectations of policyholders while satisfying the operational needs of our partners."
Currently, these integrated capabilities provide enhanced payment solutions for all OneShield clients, making it easier for insurance organizations to adapt and enhance their services. Insurers exploring such modern solutions are encouraged to reach out to either Input 1 or OneShield to learn more about how they can take advantage of these efficiencies.
OneShield continues to innovate within the insurance technology space by developing agile core systems that ease operational burdens and improve service delivery, while Input 1 remains a trusted partner, serving over two million users and managing significant volumes in annual insurance premiums. Together, they are paving the way for a more connected, user-friendly approach to managing insurance payments and finances.