OneShield, Inc., a provider of policy and billing core systems for property & casualty insurers, and BNY Mellon announce an alliance whereby OneShield will integrate a suite of BNY Mellon's advanced ePayment solutions into the OneShield Dragon Billing platform.
OneShield's Dragon Billing manages the billing lifecycle from billing instruction to close, and manages direct and agency billing across all lines of business. Automation of commissions, exception handling, promise and delinquency processing, carry forwards, write-offs and refunds are a sample of Dragon Billing's functionality.
With Dragon Billing, insurers can provide flexible billing options, payment plans, and features to help resolve customer issues quickly and easily. Under this alliance, OneShield Dragon will be enhanced to include an integrated suite of BNY Mellon payment solutions, including electronic payments, automated clearing house payment processing, disbursements, and lockbox services.
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