OneBeacon Opts for MajescoMastek’s STG Billing as Common Billing Platform [Health & Beauty Close – Up]

MajescoMastek said that Bermuda-based OneBeacon Insurance Group has selected STG Billing to consolidate multiple billing systems to MajescoMastek's private cloud delivered billing platform.

Already in production after its initial STG Billing implementation, a broader deployment is on track for production later this year. Once in full production use, MajescoMastek said the STG Billing system will be used as the common platform to support OneBeacon's entire book of business and all bill types, including: direct, agency, and broker.

Dana Hendershott, SVP - Specialty Collectors and Operations with OneBeacon, said, "We are pleased to be streamlining and enhancing our billing platform with the adoption of MajescoMastek's STG Billing system. Their track record of success and extensive knowledge of insurance industry billing contributed to our comfort level when evaluating our options last year. We feel confident in MajescoMastek's ability to deliver and look forward to the full implementation."

"As the market continues to demonstrate its strong and growing interest in our STG Billing offering, we are enjoying a clear market leadership position, and we couldn't be more pleased. OneBeacon's confidence in our product and our company validate that we are responding well to the industry's need for a modern, flexible, scalable, and cost-effective billing solution," Anil Chitale, P&C Practice Leader, MajescoMastek.

MajescoMastek is part of the Mastek Group, a provider of technology solutions focused on property & casualty insurance and life & annuity insurance.

More information:

www.majescomastek.com

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