PURE High Net Worth Insurance Deploys OneShield’s Dragon Technology for End-to-End Policy Administration

1 April 2007

OneShield Inc., a provider of innovative technology driven policy administration, automated business rules and workflow solutions, today announced that Privilege Underwriters Reciprocal Exchange (PURE) has selected its technology solutions to support the administration of its new insurance products. In January, PURE deployed OneShield’s Dragon platform to manage the end-to-end policy administration of its PURE High Net Worth Insurance personal lines product offerings.

“Every company wishes they did not have legacy issues with technology. As a start-up we aimed to take advantage of this great position,” said Ross Buchmueller, chief executive officer of PURE. “And we chose OneShield.”
OneShield Dragon’s meta data-driven system has a well-defined, insurance-centric data model that is ideal for meeting PURE’s need for rapid application and deployment. In approximately six months, PURE and OneShield worked together to customize their unique business rules, workflow and channel management. PURE also selected OneShield to serve as the host for Dragon and other core applications.

“We are very pleased to add PURE to our growing customer base and are eager to support its business model,” said Glenn Anschutz, chief executive officer of OneShield. “OneShield views this as a partnership with PURE designed to help facilitate its business process, operational efficiency and market growth strategy.”

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