A configurable insurance product development tool that allows insurers to build and manage complex products without coding. Features include drag-and-drop interfaces, reusable components, versioning, and testing capabilities that streamline the product development lifecycle.
Flexible systems that allow insurers to define, configure, and modify insurance products without extensive programming, enabling faster time-to-market.
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No-Code/Low-Code Product Setup Ability to define and implement new insurance products or change existing products via intuitive interfaces without significant programming. |
Product is marketed as a no-code tool with intuitive drag-and-drop UI for product setup, indicating strong no-code/low-code setup support. | |
Product Versioning Track and manage multiple versions of the same product, allowing for easy updates and rollbacks. |
Product documentation and marketing state that product versioning is supported, allowing for rollbacks and updates as part of the lifecycle. | |
Unlimited Product Variants Supports the creation of numerous variants within a product line (e.g., differing terms, coverages, regions). |
The tool is described as supporting complex insurance products and product variants via flexible configuration. | |
Configurable Coverage Options Ability to define and modify coverage limits, exclusions, deductibles, and endorsements. |
Configurable coverage options, including limits and endorsements, are promoted as core capabilities. | |
Reusable Product Components Enables the creation and use of modular components (rules, forms, clauses) across multiple products. |
Reusable components are explicitly highlighted as a feature for streamlining product setup. | |
Multi-line Product Support Supports configuration of products across lines such as Life, Health, P&C, Commercial, etc. |
Oneshield is positioned for multi-line insurance, supporting Life, Health, P&C, Commercial, and more. | |
Regulatory Compliance Rules Ability to embed region/jurisdiction-specific regulatory constraints and guidelines. |
The solution supports embedding regulatory controls and constraints by jurisdiction. | |
Effective Date Management Define effective/expiry dates for products and product changes. |
Effective and expiry date management is a promoted workflow feature. | |
Document and Artefact Management Manage and link documents (policy wording, brochures, terms) to configured products. |
Management and linking of documents and artifacts is supported for each product. | |
Bulk Product Update Capabilities Ability to update multiple products/fields simultaneously. |
Bulk updates (across multiple products/fields) are supported according to product sheet. | |
Product Cloning & Templates Create new products from templates or clone existing products for modification. |
Cloning and use of product templates are standard capabilities. |
Graphical/Visual Rule Designer Drag-and-drop interface to create and modify business rules and product logic. |
Product includes a drag-and-drop visual rule designer. | |
Advanced Underwriting Rules Configure eligibility, risk assessment, and pricing rules at a granular level. |
Advanced underwriting and risk/pricing rule setup are described as product features. | |
Workflow Automation Design and automate product-related workflows (e.g., approval, issuance, endorsement). |
Workflow automation is a native function in the OneShield Product Designer. | |
Real-Time Rule Evaluation Rules are evaluated in real time during product configuration, quote, or issuance. |
Real-time rule evaluation is supported during configuration and quote processing. | |
Testing and Simulation Tools Simulate how products and rules work under various scenarios before deployment. |
Documentation references simulation and testing of product rules before deployment. | |
Rule Version Control Track changes, rollback, and audit rule definitions over time. |
Product supports tracking changes and rule version rollback. | |
Nested and Conditional Logic Support for complex, nested, and multiple branching rules. |
Support for nested and conditional business logic is described in detail in marketing material. | |
Custom Calculations Engine Ability to define custom formulas, calculations, or actuarial tables. |
Custom calculation engine is present for specialty rates and actuarial formulas. | |
Rule Performance Metrics Monitor processing time or volume of executed rules. |
No information available | |
Prebuilt Rule Libraries Out-of-the-box rule templates and libraries for common insurance logics. |
Prebuilt rule templates/libraries are marketed as accelerators for implementation. |
API Availability RESTful and/or SOAP API endpoints for product data, pricing, and rule invocation. |
Comprehensive API capabilities (REST/SOAP) are published as available. | |
Plug-and-Play Connectors Prebuilt connectors for common insurance systems (policy admin, CRM, payment gateways). |
Integrates with industry systems through plug-and-play/prebuilt connectors. | |
Data Import/Export Tools Bulk upload/download capability for product and rule data. |
Data import and export for products and rules are described as bulk data management features. | |
Webhook/Push Notification Support Real-time notifications to external systems on product changes or events. |
Webhook/event notification is mentioned in integration documentation. | |
Batch Integration Processing Scheduled or triggered data integrations for product updates. |
Batch/scheduled integration tasks are supported by the backend. | |
Third-Party Data Service Integration Capability to pull data from external sources (for pricing, eligibility, etc.). |
The product touts third-party data integrations (e.g., for eligibility/pricing data). | |
Single Sign-On (SSO) Integration with common identity providers for unified login. |
Single sign-on integration capability mentioned on enterprise solution web page. | |
Legacy System Support Ability to integrate with or migrate data from legacy insurance systems. |
Integration/migration with legacy insurance systems is part of its enterprise positioning. |
Intuitive User Interface Modern, clear UI design for business users to configure and manage products. |
Modern, intuitive UI is one of the tool’s core promises. | |
Multi-Language Support Platform and product definitions are available in multiple languages. |
No information available | |
Accessibility Compliance Conformance to accessibility standards (e.g., WCAG). |
No information available | |
Role-Based Access Controls (RBAC) Granular control of what different user types can access/change. |
Role-based access is available for different user types. | |
Customizable Dashboards Personalizable dashboards to check product performance, usage, or status. |
Customizable dashboards highlighted for product status and performance. | |
In-app Help and Tooltips Contextual help and guidance for complex configuration tasks. |
In-app help and tooltips are part of making the system accessible to business users. | |
Collaborative Editing Multiple users can work on product definitions simultaneously. |
No information available | |
Bulk Edit Functionality Ability to update multiple parameters/products in a single operation. |
Bulk editing of multiple parameters and products is called out as a core feature. | |
Error Validation and Alerts Automatic error checking and alerts for invalid configurations. |
Automatic error checking and configuration alerts are referenced in UI/UX features. |
Flexible Rating Models Supports multiple rating/actuarial models (e.g., tiered, dynamic, usage-based). |
Flexible actuarial and dynamic rating models are supported. | |
Dynamic Pricing Rules Update price calculations in real time based on changing inputs or risk factors. |
Dynamic pricing rules and quick configuration updates supported. | |
Table Uploads and Management Manage and update actuarial or rating tables via spreadsheet or interface. |
Management of actuarial or rating tables via web or spreadsheet import is a highlighted capability. | |
Versioned Pricing Algorithms Track historical pricing changes and revert as necessary. |
Versioning of pricing algorithms is supported, enabling historical tracking and reverting. | |
Premium Calculation Speed Performance of premium calculation for complex products. |
No information available | |
Simulation Tools Ability to model and test pricing outcomes before deployment. |
Simulation and testing tools for pricing outcomes described in detailed solution guides. | |
Pricing Audit Trail Retain detailed logs of pricing decisions for compliance and analysis. |
Detailed pricing audit trails/logs mentioned for compliance and analysis. | |
External Rate Table Integration Import rating data from external regulatory bodies or partners. |
External rate table integration is supported for regulatory data import. |
Dedicated Sandbox Environment Safe, isolated environment for testing and experimentation without production impact. |
Dedicated sandbox/test environments discussed in testing documentation. | |
Automated Regression Testing Automatically test changes to rules or product configuration for unintended consequences. |
Automated regression testing is featured in QA process materials. | |
Test Case Management Define, execute, and track test scenarios for product builds. |
Test case management is described as part of QA capabilities. | |
Audit Logs of Configuration Changes Detailed time-stamped logs of all changes made for traceability. |
Audit logs of all configuration changes are kept for traceability. | |
Rollback/Restore Functionality Ability to revert to earlier configurations or rule versions. |
Rollback/restore of prior product states highlighted as product safety feature. | |
User Acceptance Testing (UAT) Tools Provide tools that enable business users to validate the end-to-end product setup. |
User Acceptance Testing (UAT) tools for business users form part of deployment process. | |
Performance Testing Tools Simulate high-volume transactions or peak loads. |
Performance testing tools to simulate load are mentioned in testing suite description. | |
Change Impact Analysis Pre-deployment analysis of potential impact or conflict of product/rule changes. |
Impact analysis of changes is available pre-deployment. |
End-to-End Data Encryption Encryption of data in transit and at rest. |
End-to-end encryption is mentioned on compliance and security pages. | |
Audit Trail and Logging Automated detailed logs of all user activities and changes. |
Automated system user activity and change logging is included for compliance. | |
Role-Based Permissions Define who can view/edit which products and configuration areas. |
Role-based permissions are an explicit element of OneShield's user management. | |
Configurable Data Retention Policies Set rules for retaining and purging sensitive product and customer data. |
Configurable data retention rules described in feature policy documents. | |
Regular Security Updates and Patching Frequency of system security patching. |
No information available | |
Compliance Certification Proof of compliance with major regulatory standards (GDPR, SOC2, etc.). |
Compliance certifications such as SOC 2 and GDPR compliance are referenced on website. | |
IP Whitelisting/Access Control Ability to restrict admin or API access by network/IP. |
Network/IP-level access controls/whitelisting are available for admin and API. | |
Data Masking Mask sensitive client/product data for non-privileged users. |
Masking of sensitive data for non-privileged users is a supported security function. |
Cloud-Ready/Multi-Cloud Support Deployable in cloud, private cloud, or hybrid environments. |
Cloud and hybrid deployment, including multi-cloud, are fully supported. | |
Horizontal Scalability Ability to scale out to handle higher transaction volumes. |
Horizontal scalability is a feature cited for handling growing transaction volumes. | |
High Availability/Uptime System design supporting minimal downtime. |
No information available | |
Disaster Recovery Automated data backup and rapid recovery procedures. |
Disaster recovery and automated backup are included in enterprise offering. | |
Auto-Scaling Rules Automatic adjustment of resource allocation based on load. |
Auto-scaling rules and dynamic resource allocation are part of hosting/deployment features. | |
Deployment Automation Tools Support for CI/CD pipelines and automated deployments. |
Supports deployment automation and CI/CD pipeline integration. | |
Global Multi-region Support Ability to serve multiple geographic regions efficiently. |
Multi-region deployment and support are described under global insurance provider features. | |
Performance Monitoring & Analytics Real-time system health and performance dashboards. |
Performance monitoring and analytics dashboards are available for system admins. |
Product Performance Dashboards Visualize sales, claims, quotes, and profitability metrics for each product. |
Product performance dashboards (sales, claims, etc.) are included in solution overview. | |
Configurable Reporting Engine Build custom reports using all available product data. |
Custom/reporting engine is available to build bespoke reports. | |
Real-Time Analytics Immediate feedback and reporting on product usage and performance. |
Real-time analytics and reporting featured on marketing site. | |
Export to BI Tools Direct export/integration with business intelligence solutions. |
Exporting platform data direct to business intelligence solutions is possible. | |
Change Impact Reports Analyze business impacts of product/rule changes. |
Change impact reporting is included for business decisioning. | |
Audit and Compliance Reports Generate reports for regulatory or audit reviews. |
Audit and compliance reporting is part of the reporting toolkit. | |
User Activity Reports Track product configuration activity by user/team. |
User activity reporting is available for admin/management oversight. | |
Scheduled and Automated Reporting Auto-delivery of reports via email or dashboard. |
Scheduling automated report delivery is supported in scheduler tools. |
Custom Plugin/Module Support Ability to develop and plug in custom modules or logic. |
Ability to extend with custom plugins and logic is confirmed by developer documentation. | |
Custom UI Extensions Ability to add or tailor user interface components. |
UI can be customized with additional extensions. | |
Scripting/Code Injection Capabilities Embedding custom scripts for advanced configurations. |
Scripting and code injection for advanced logic is described for technical users. | |
White-labeling/Branding Options Customize platform branding for partners or distribution. |
White labeling and partner branding available for distribution partners. | |
Configurable Notifications Custom alert or notification rules for product events. |
Alerting and configurable notification rules supported for product/temp updates. | |
Open API Specification Compliance Conforms to industry standards (e.g., OpenAPI, Swagger) for APIs. |
API documentation states OpenAPI/Swagger standards compliance. | |
Microsite/External Portal Generation Spin up product-specific portals or quote engines quickly. |
No information available |
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