Input 1 and OneShield Formalize Pre-Integrated Payments and Premium Finance Partnership
Event summary
- Input 1 and OneShield have formalized a strategic partnership to pre-integrate Input 1's payments and premium finance capabilities into the OneShield platform.
- The integration supports premium collection at new business, endorsement, and renewal, with payment methods including debit/credit card, ACH, Apple Pay, Google Pay, PayPal, and Venmo.
- Mutual clients include Forrest T. Jones & Company (FTJ), processing over 10,000 online submissions annually, and ALPS, a carrier specializing in lawyers' malpractice insurance.
- The integrated capabilities are available immediately to OneShield clients.
The big picture
This partnership underscores the growing trend of insurers seeking integrated, digital-first solutions to streamline operations and enhance customer experience. By pre-integrating payments and premium finance, Input 1 and OneShield aim to reduce implementation complexity for carriers, MGAs, and program administrators, aligning with broader industry shifts towards automation and digital transformation. The collaboration could set a new standard for core system integrations in the property and casualty insurance sector.
What we're watching
- Adoption Pace
- How quickly OneShield clients adopt the pre-integrated capabilities and the impact on Input 1's revenue growth.
- Customer Experience
- Whether the seamless payment and financing options will enhance policyholder satisfaction and retention.
- Market Expansion
- The pace at which this partnership could drive further integrations with other core systems in the insurance industry.
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