OneBeacon Insurance has implemented STG Billing to strengthen multiple billing systems to MajescoMastek’s private cloud delivered billing platform.

The solution has been provided by MajescoMastek in the US, and after successful commissioning of the solution, the STG Billing system will act as a common platform to support OneBeacon’s entire book of business and all bill types, such as direct, agency, and broker.

The solution is easy to handle, and cost effective, which offers users to maintain and configure many of the options and rules within the system, claims OneBeacon.

OneBeacon specialty collectors and operations SVP Dana Hendershott said the firm is pleased to be streamlining and enhancing its 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," Hendershott said.