Articles from One Inc

One Inc, the leading digital payments network for the insurance industry, today announced the launch of a pre-built payment integration for Verisk’s FAST (“Flexible Architecture, Simplified Technology”), a modern, flexible platform designed to streamline and scale life insurance operations. This new integration connects One Inc’s industry-leading PremiumPay® for inbound payment capabilities directly into FAST’s configurable system architecture, helping carriers accelerate their digital transformation by reducing the need for physical and non-direct payments in the life and annuity market.

One Inc, the leading digital payments network for the insurance industry, today announced the launch of its advanced 835 Electronic Remittance Advice (ERA) solution, fully integrated into the ClaimsPay® platform. Combined with the company’s market-leading payments platform, this innovative solution streamlines remittance processes to healthcare providers, particularly benefiting workers’ compensation insurers, and extends its capabilities across all Property and Casualty (P&C) insurance segments.

One Inc, the leading digital payments network for the insurance industry, today announced that AAA Life Insurance Company (AAA Life) has selected its PremiumPay® solution to support the company’s digital payment processing capabilities. AAA Life will use PremiumPay as its primary platform for digital payment processing, offering policyholders a wider range of flexible, secure payment options while streamlining internal processing.

One Inc, the leading digital payments network for the insurance industry, today shared highlights of a transformative year marked by significant achievements. Built on principles of collaboration, innovation, and adaptability, 2024 underscored One Inc’s commitment to digitalizing all payments across the insurance ecosystem.

One Inc, a leading payments network and software platform for the insurance industry, today announced it has appointed insurance technology industry veteran Scott G. Stephenson Chairman of the Board of Directors.

One Inc, the leading digital payments platform provider for the insurance industry, is pleased to announce Columbia Insurance Group (CIG), a mutual insurance company specializing in comprehensive property and casualty insurance for small and mid-size businesses, has selected One Inc’s best-in-class digital payments solutions PremiumPay® and ClaimsPay®, for both inbound and outbound payments. The integration will be deployed using Guidewire InsuranceSuite on Guidewire Cloud Platform.

One Inc, ​a​​ ​leading payments network for the insurance industry, has been honored with the 2024 Guidewire Ecosystem Partner of the Year award for its impactful contributions to policyholder experience and digital transformation within Guidewire’s customer community. ​​​​This honor highlights the ​strong partnership​​ ​between One Inc and Guidewire, solidifying One Inc as ​​Guidewire’s​​​​​​​​​​​​ strategic partner dedicated to simplifying payments​ across the insurance ecosystem.

One Inc, the leading payments network for the insurance industry, announced today that GoAuto Insurance (GoAuto), has selected One Inc’s ClaimsPay® and PremiumPay® products for a fully integrated and digitized policyholder payment experience. This integration enables GoAuto’s workflow by leveraging One Inc’s comprehensive inbound and outbound payment capability, consolidating all activities into a single platform for greater efficiency. GoAuto’s adoption of One Inc’s payment solutions mark a significant step toward providing their policyholders with seamless support throughout the entire insurance payment process.

One Inc, the leading digital payments platform provider for the insurance industry, today announced that Brethren Mutual Insurance Company (Brethren Mutual) has implemented ClaimsPay® to enhance its digital claims payment capabilities. This enhancement enables a more efficient outbound claims disbursement process and offers new options for faster fund delivery to Brethren Mutual’s customers. The decision to employ ClaimsPay aligns with Brethren Mutual’s commitment to their policyholders by providing a seamless digital experience.

One Inc, the leading payments network for the insurance industry, announced today a partnership with U.S. Bank aimed at delivering a comprehensive, unified payment experience for Property & Casualty (P&C) and Life insurers. The collaboration will provide the seamless integration of U.S. Bank’s leading money movement and banking capabilities with One Inc’s best-in-class ClaimsPay® and PremiumPay® solutions to optimize claims and premium processing experiences for customers.

One Inc, the leading payments network for the insurance industry, today announced the addition of two new executives to strengthen its leadership team and drive the company’s continued growth. Tim Boyle joins as Chief Operating Officer (COO), while Eileen Dougherty takes on the role of Chief Network Officer. These strategic appointments underscore One Inc’s continued commitment to placing carrier-customers at the center of all operations, while serving as a trusted advisor in the digital transformation of the insurance industry.

One Inc, the leading payments network for the insurance industry, has announced its expanded collaboration with J.P. Morgan Payments, aimed at delivering a comprehensive, unified payment experience for Property & Casualty (P&C) insurance clients. This enhanced collaboration provides the seamless integration of J.P. Morgan Payments’ capabilities with One Inc’s PremiumPay® and ClaimsPay® solutions, enabling insurance carriers to access One Inc’s full suite of inbound and outbound digital payment services.

One Inc, the leading payments network for the insurance industry, announced today that Slide Insurance (‘Slide’) has successfully implemented the full suite of One Inc’s best-in-class digital payments solutions PremiumPay® and ClaimsPay®, for both inbound and outbound payments.

One Inc, the leading digital payments network for the insurance industry, hosted its first-ever users conference, InsurTech Innovate, this summer in Boston, MA. The event brought together 130+ industry leaders and 7 of the top 25 insurers to collaborate on the latest trends and innovations shaping the insurance payments landscape.

One Inc, the leading digital payments network for the insurance industry, is proud to announce its inclusion in the Inc. 5000 list of fastest-growing private companies in America for a third consecutive year. This recognition highlights One Inc's continued expansion in the digital payments insurance sector, boasting a 218% growth rate over a three-year period. Published annually, Inc. 5000 celebrates the fastest-growing private companies in the United States, honoring their exceptional achievements in business development and innovation.

One Inc, the leading digital payments network for the insurance industry, today announced the appointment of Michael Ellis as the company’s new Chief Financial Officer (CFO), effective August 5, 2024. As CFO, Ellis will be responsible for overseeing the company’s financial activities and will help guide One Inc’s future direction in collaboration with Chief Executive Officer Ian Drysdale, to whom he will report.

One Inc, the leading digital payments network for the insurance industry, is pleased to announce that it has been recognized as a top fintech leader on CNBC's prestigious 2024 list of the World's Top Fintech Companies. This accolade, presented by CNBC and Statista Inc., highlights One Inc's significant impact on the global financial landscape through its cutting-edge digital payment solutions.

One Inc, the leading payments network for the insurance industry, announced today that Zurich North America has successfully implemented One Inc’s digital claims payment system for outbound claims payment capabilities. Zurich is one of the largest providers of commercial and risk management solutions in North America and pays out hundreds of thousands of claims every year on behalf of - and for - its customers.

One Inc, the leading payment network for the insurance industry, announced today a technology integration with Sapiens International Corporation, the leading global provider of software solutions for the insurance industry. The collaboration will result in the seamless integration of One Inc's ClaimsPay® and Sapiens ClaimsPro platforms, providing North American insurers with a swift means to implement digital payment management solutions.

One Inc, a leading digital payments network dedicated to serving the insurance sector, and J.P. Morgan Payments announced today they are working together – enabling insurance carriers to leverage J.P. Morgan’s comprehensive liquidity and payments capabilities as part of One Inc’s digital claim payouts platform, further digitizing and deepening the claims experience.

One Inc, the leading digital payments network for the insurance industry, announced today that MAPFRE Insurance has selected One Inc’s ClaimsPay® digital payment solution. The implementation will enhance the outbound claims payment process, providing new and improved options that allow for faster receipt of funds by MAPFRE’s customers. The selection of ClaimsPay is MAPFRE’s latest step forward in providing its policyholders optimal tools in the critical moments when a claim is initiated, adjusted, and completed.

One Inc, the leading digital payments network for the insurance industry, announced today that AmTrust Financial Services, Inc. (“AmTrust” or the “Company”), a global specialty property and casualty insurer and the nation’s third-largest provider of workers’ compensation insurance, has selected One Inc’s inbound payments platform and best-in-class solution, PremiumPay®.

One Inc, the leading digital payments network for the insurance industry, today announced Origami Risk, a leading provider of SaaS-based solutions for the risk and insurance industry, is enhancing their partnership by integrating One Inc’s best-in-class digital payments solution, ClaimsPay®. Integrating One Inc's ClaimsPay into Origami’s unified cloud-based platform empowers insurance carriers to easily distribute claims payments to their policyholders using widely adopted consumer payment platforms including Venmo and PayPal.

One Inc, the leading digital payments network for the insurance industry, is proud to announce its appearance on the Inc. 5000 list for the second consecutive year. This distinction underscores the company’s unwavering commitment to offering top-tier digital payment solutions and consistently delivering value to insurance carriers. For 2023, One Inc ascended to the #2,371 position, making a leap of over six hundred places from its inaugural entry on the list. The ranking is based on the company’s three-year total revenue growth of 126%.

One Inc, the leading digital payments network for the insurance industry, announced today that National Indemnity Company (NICO), a leading property and casualty insurance company based in Omaha, Nebraska, has selected One Inc’s inbound payments solution PremiumPay® to deliver a faster and easier payment experience for their policyholders.

One Inc, the leading digital payments network for the insurance industry, announced today that Safety Insurance Group (Safety) has selected One Inc’s ClaimsPay® to modernize the consumer experience and provide instant claims payment functionality to its customers. This partnership underscores the industry’s emphasis on digital payment solutions and eliminating physical check reimbursements. One Inc currently enables more than 240 insurance carriers to process over $51 billion in payments annually.

Fifth paragraph, second sentence of the release should read: “We are thrilled to have the Michigan Farm Bureau’s vote of confidence in our ClaimsPay® platform as the company continues to pursue greater flexibility for its customers and control over its bottom-line.” (instead of “We are thrilled to have the Michigan Farm Bureau’s vote of confidence in our PremiumPay® platform as the company continues to pursue greater flexibility for its customers and control over its bottom-line.”).

One Inc, the leading digital payments network for the insurance industry, has been named to Inc. magazine's Best Workplaces list. The annual honor is based on a comprehensive measurement of American businesses that have excelled in creating exceptional workplaces and company culture as measured by direct employee feedback through the Quantum Best Places to Work survey.

One Inc, the leading digital payments network for the insurance industry, has appointed Melissa Palmer as Senior Vice President of Delivery. In this role, she will lead the development and management of the company's service delivery strategy and execution for its U.S. business. She will report directly to CEO Ian Drysdale.

One Inc, the leading digital payments network for the insurance industry, announced today its continued growth of its new center of excellence in Knoxville, Tennessee, furthering the company’s commitment to invest in North America.

One Inc, the leading digital payments network for the insurance industry, announced today that Wawanesa Insurance (Wawanesa) has selected One Inc’s inbound payments platform and best-in-class solution PremiumPay® to deliver a fast and easy payment experience for its customers. Integrated with One Inc, Guidewire InsuranceSuite on Guidewire Cloud will also be implemented to help Wawanesa reduce costs, improve efficiency, and increase customer retention.

One Inc, the leading digital payments network for the insurance industry, today announced a transformative 2022, achieving greater than 50% growth in revenue, while adding 40 new carriers to its customer base. The company currently enables more than 240 insurance carriers processing over $42 billion in annual payment volume, a 77% year over year increase.

One Inc, the leading digital payments network for the insurance industry, announced today that Quincy Mutual Fire Insurance Company has selected the One Inc Digital Payments Platform’s ClaimsPay® as part of a strategic transformation initiative to optimize the customer claims experience and improve operational efficiency.

One Inc, the leading digital payments network for the insurance industry, announced today that MSIG Holdings (U.S.A), Inc. has chosen the ClaimsPay® platform to transform the company's outbound payment process. The selection, which will represent one of the largest ClaimsPay implementations for a globally held client to date, will help MSIG diversify its payment options as well as rationalize its stateside payments infrastructure and associated costs.

One Inc, the leading digital payments network for the insurance industry, announced today that Arbella Insurance Group, a customer-focused, regional property, and casualty insurance company based in Massachusetts, has selected One Inc’s best-in-class suite of digital payment solutions with PremiumPay® and ClaimsPay®, for both inbound and outbound payments.

One Inc, the leading digital payments network for the insurance industry, announced today that Oklahoma Farm Bureau Insurance (OKFB), the largest domestic insurer in Oklahoma, has selected the One Inc digital payments platform to provide both inbound and outbound digital payments. This move will enable OKFB Insurance to adapt quickly to changing market demands and enhance customer service. The integration, which is to be deployed with the Guidewire InsuranceNow all-in-one, cloud-based core system, will enable OKFB Insurance and its users to accept and disburse payments using both ClaimsPay and PremiumPay products from One Inc.

One Inc, the leading digital payments network for the insurance industry, announced today that it has integrated the Hi Marley Insurance Cloud with One Inc’s ClaimsPay® platform. This valuable new integration allows carriers to conduct text message conversations with claimants inclusive of digital payment, a unified and modern approach.

One Inc, the leading payments network for the insurance industry, announced today that Germania Insurance, the largest farm mutual insurance company in Texas, has selected One Inc’s ClaimsPay® and PremiumPay® products for a fully integrated and digitized customer payment disbursement experience. The implementation will create a more synchronized company workflow by employing One Inc’s inbound and outbound functionality, and the promise of consolidating all of Germania’s payment activities onto one platform.

One Inc, the leading digital payments network for the insurance industry, announced today that Wisconsin-based SECURA Insurance, has selected One Inc’s full best-in-class suite of digital payment solutions PremiumPay® and ClaimsPay®, for both inbound and outbound payments for one of its insurance products. The result is seamless handling for inbound customer payments, paired with faster claims disbursal and closing, ultimately allowing SECURA to better manage their customers’ needs and reduce operational costs. SECURA is planning to deploy and integrate One Inc’s suite of digital payments for one product line as the carrier begins evolving its digital payment experience.

One Inc, the leading digital payments network for the insurance industry, announced today that Florida-based property insurer Tower Hill Insurance Group has selected One Inc’s outbound payment solution, ClaimsPay®, to streamline and improve digital payments processing for its customers. The implementation of ClaimsPay will enhance the outbound claims payment process, providing new options for faster delivery of funds. Tower Hill becomes the latest accredited insurer in a series of new customer announcements using One Inc’s all-inclusive frictionless payment offering.

One Inc, the leading digital payments network for the insurance industry, today announced that it is being recognized for the first time on the Inc. magazine annual Inc. 5000 list, the most prestigious ranking of the nation’s fastest-growing and most successful private companies. One Inc's ranking was based on its three-year total revenue growth of 201%.

One Inc, the leading digital payments network for the insurance industry, announced today that property and casualty carrier, Harford Mutual Insurance Group (Harford Mutual), has selected One Inc’s ClaimsPay® to help process claims payments and synchronize the company’s workflow. The success of ClaimsPay marks the growing number of clients utilizing One Inc for payment digitization.

One Inc, the leading payments network for the insurance industry, announced today that Ohio-based property and casualty carrier, Central Insurance, has selected One Inc ClaimsPay® to digitize claim payments and synchronize the company’s workflow. Following implementation, Central will deploy One Inc’s full suite of platforms, having onboarded PremiumPay® earlier for inbound payments.

One Inc, the leading digital payments network for the insurance industry, has partnered with Visa, the world leader in digital payments, and today announced the introduction of network tokenization for leading insurers across the industry via One Inc’s leading PremiumPay® inbound payments product. As part of the collaboration with Visa, One Inc is leveraging Token ID – a Visa Solution, which empowers banks, merchants, regional payments schemes, clearing houses and other payments stakeholders like One Inc to build, manage and control their own tokenization capabilities.

One Inc, the leading digital payments network for the insurance industry, announced today that Ohio Mutual Insurance Group has selected One Inc’s ClaimsPay® digital payments platform to provide an improved claim payment experience for its members and vendors. The implementation will enhance the outbound claims payment process, providing new and improved options that allow for faster receipt of funds.

One Inc, the leading digital payments platform for the insurance industry, today announced it has successfully added over 40 new insurers to its client ranks, achieving over 30% percent revenue growth in 2021. One Inc now proudly enables more than 200 insurance carriers processing over $23 billion in payments annually.

One Inc, the leading digital payments network for the insurance industry, has announced Mercury Insurance, a national top 30 property and casualty carrier, has launched One Inc’s ClaimsPay platform to transform its claims disbursement experience integrated with Guidewire’s ClaimCenter.

One Inc, the leading digital payments network for the insurance industry, announced today that The MEMIC Group has selected One Inc’s ClaimsPay platform to transform its outbound payments process. The partnership will modernize MEMIC’s claim payments infrastructure and deliver a faster and more efficient payments process by expanding outbound payment options.

One Inc, the leading digital payment network to the insurance industry, today announced new research affirming its leadership position in the outbound insurance claims disbursements vendor space, following publication of the recent Aite Matrix: P&C Nonbank Disbursements Platforms research rankings, produced by respected consultancy Aite-Novarica Group (ANG). The company has been named best-in-class across a matrix that examined vendor stability, client strength, client service, and product features among nine competing fintech and insurtech providers.

One Inc, a leading digital payments network for the insurance industry, announced the first successful phase on a multi-leg implementation of its ClaimsPay technology with Amerisure. As a leading property and casualty insurance carrier based in Farmington Hills, MI, Amerisure provides commercial insurance solutions to the construction, manufacturing and healthcare sectors. This implementation is a milestone for One Inc, as ClaimsPay will now facilitate all outbound digital payments for Amerisure.