Case Study: Allied World Assurance Company achieves rapid self-sufficiency and 10-minute automated underwriting with OneShield Policy (OneShield)

Allied World Assurance Company - Customer Case Study

Allied World Assurance Company, which acquired Darwin Professional Underwriters, is a global provider of property & casualty and professional liability products. As a fast-growing start-up, Darwin/Allied World needed a flexible, tool-based platform to deliver high automation across a multi-tiered distribution channel, be nimble in launching unique products, and drastically shorten a historically 30‑day underwriting process. To meet those needs they implemented OneShield Policy.

OneShield provided a configurable policy administration and underwriting engine that Allied World could operate largely in-house. Within six months Allied World was configuring 80% of the application; within a year they rolled out 15 new products and reduced an industry-standard 30‑day process to about 10 minutes. Built around OneShield Policy, the I‑Bind solution lets select agents rate, quote and bind certain E&S risks in under 15 minutes, more than 40% of D&O/E&O/GL policies are bound with little or no underwriter intervention, and early use of I‑Bind helped double written premium in its initial years.

Allied World Assurance Company

Bob Asensio

Executive Vice President, Information Technology