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ShoreOne Rolls Out Combined Homeowners, Flood Policy in South Carolina February 10, 2021 Massachusetts-based managing general agent ShoreOne created a new coverage for coastal homeowners to address inadequate flood coverage. ShoreOne’s new offering combines traditional homeowners insurance with full flood coverage in a single policy. Access to the combined policy fills the coverage gap affecting 4.8 million National Flood Insurance Program (NFIP) policyholders. The new homeowners coverage that evaluates flood risk through proprietary modeling will be rolled out first in South Carolina. It is available through a ShoreOne designed technology platform, developed in partnership with Focus Technologies, that enables agents to issue a complete policy in under one minute. The segmented pricing plan incorporates geospatial features with individual risk characteristics and is backed by reinsurance partners. ....
Focus Technologies Celebrates Successful Technology Platform Launch with ShoreOne Share Article New system allows end-to-end policy management for greater efficiency and profitability. Focus Tech took the execution risk out of a very complex and high stakes system delivery for ShoreOne. SUNRISE, Fla. (PRWEB) February 08, 2021 Focus Technologies, a leader in delivering digital policy management solutions to the property and casualty insurance industry, announced today the successful launch of an innovative technology platform for ShoreOne Insurance Managers, Inc (“ShoreOne”). The new, end-to-end policy management platform, designed to maximize user efficiency, was configured and deployed by both teams in an unprecedented amount of time overcoming logistical obstacles related to the COVID-19 pandemic. The teams, who never met in the same location, worked closely together remotely as ....