One Net Enterprises

What One Net Enterprises does

One Inc is a cloud-based digital payments platform purpose-built for the insurance industry. Founded in 1997 and headquartered in Folsom, California (with offices in Knoxville and Boston and operations in Canada), the company serves 310+ insurance carriers processing approximately $120 billion in annual payments volume. Its core products are ClaimsPay, which handles outbound claims disbursements across virtual card, ACH, mobile wallet, and instant payment rails; PremiumPay, which manages inbound premium collection with low/no-code configuration tools; and the unified One Platform, which reconciles both flows. The platform is API-first and ships with pre-built integrations into the dominant insurance core systems — Guidewire, Sapiens, Majesco, Origami Risk, Verisk FAST, OneShield, Cogitate, Insuresoft, and Insurity — and operates a two-sided Vendor-Provider Network of 1,250,000+ enrolled recipients with stored payment preferences.

One Inc monetizes through a mix of transaction-based payment processing fees tied to the $120B in annual volume, recurring platform and subscription fees for ClaimsPay and PremiumPay access, and professional services for enterprise implementations. Pricing is quote-based and not publicly disclosed; the company holds PCI-DSS, SOC 1 Type 2, SOC 2 Type 2, and Nacha Certified Third-Party Sender certifications. Distribution combines a direct enterprise field-sales motion targeting insurance carrier executives and operations teams with channel partnerships that embed One Inc's solutions through insurance software platform providers, plus bank-rail partnerships with J.P. Morgan Payments and U.S. Bank.

Customer segments span Property & Casualty carriers (primary), life insurance carriers, workers compensation insurers, non-standard auto insurers, and the broader insurance vendor ecosystem. Notable customers include Germania Insurance, Zurich North America, MAPFRE, Mercury Insurance, AAA Life, CURE Auto, and Penn National. Ownership is private, with American Family Ventures and Centana Growth Partners leading a $15.5M round in 2017, Great Hill Partners recapitalizing in 2020, and Nordic Capital making a strategic investment in March 2024.

Name

One Net Enterprises

Legal name

One Inc

Website

https://oneinc.com

Company type

Private

Founded year

1997

Operating status

Operating

Headcount range

251–500 employees

Short description

One Inc is a cloud-based digital payments platform purpose-built for the insurance industry, unifying inbound premium collection (PremiumPay) and outbound claims disbursements (ClaimsPay) for 310+ carriers processing $120 billion in annual volume.

Ownership category

akta.pro rank

Product category

Insurance Payment Processing Software

NAICS

Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320), Software Publishers (5132)

SIC

Services-Computer Programming, Data Processing, Etc. (7370)

akta.pro primary industry

Bill Pay, Invoicing & Payables Platforms (BPAMAFAF)

akta.pro secondary industry

Integrated Payment Processors (PSP/Acquirer) (FSAMABAA)

Keywords

• Insurance payments platform
• Claims disbursement software
• Premium payment processing
• Insurtech payment infrastructure
• Digital vendor payments

Headquarters

HQ city

Tampa

HQ country

United States

HQ region

North America

Offices4 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Transaction-based Payment Processing: Revenue generated from processing premium payments and claims disbursements for insurance carriers. Transaction fees based on payment volume processed ($120 billion annual payments volume). Platform handles both inbound premium collection and outbound claims disbursement transactions.
2. Subscription/Platform Fees: Annual licensing and platform access fees for using ClaimsPay, PremiumPay, and other platform capabilities. Carriers pay for access to the unified digital payments platform.
3. Professional Services: Implementation services, integration support, and custom development for enterprise carrier deployments.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels6 records

Core offering

One Inc operates a unified, cloud-based digital payments platform purpose-built for the U.S. insurance industry, processing inbound premium collections (PremiumPay) and outbound claims disbursements (ClaimsPay) for Property & Casualty and Life/Group carriers. The platform also includes a Vendor-Provider Network of more than 1.25 million enrolled payees and modular capabilities for digital engagement, reporting/reconciliation, and security/compliance, delivered to insurance carriers as a SaaS payments service.

Product overview

One Inc offers a unified digital payments platform for the insurance industry, combining ClaimsPay (outbound claims disbursements) and PremiumPay (inbound premium collection) on a single integrated platform. The platform includes modular capabilities for Customer Experience, Digital Engagement, Reporting & Reconciliation, Security & Compliance, and a Vendor-Provider Network. PremiumPay 2.0 features low-code/no-code tools for easy configuration. The platform handles $120 billion in annual payments volume across 310+ carriers and 1,250,000+ vendor-providers.

Differentiator

Problem solved

Functional benefit

Brands

• ClaimsPay: Digital claims payment platform for delivering fast, secure claim payments through payees' preferred channels and methods
• PremiumPay
• One Platform

Quantifiable outcome

• 94% of vendors enrolled in One Inc network with stored payment preferences
• +5 more outcomes

Named customers18 records

Segments5 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration22 records

AI capability4 records

Feature10 records

Partnerships

Eleven partnerships are on record, tiered core and flagship.

• VeriskcoreTechnology or Integration · 18 June 2025Launch of pre-built payment integration for Verisk's FAST (Flexible Architecture, Simplified Technology) Life Insurance Platform.
• U.S. BankcoreTechnology or Integration · 21 November 2024Partnership to modernize payment solutions for insurance carriers and policyholders, delivering unified payment experience for P&C and Life insurers.
• Scott G. StephensoncoreOthers · 29 October 2024Appointed as Chairman of the Board of Directors. Insurance technology industry veteran to propel next growth phase.
• J.P. Morgan PaymentsflagshipTechnology or Integration · 15 October 2024Expanded collaboration to deliver comprehensive, unified payment experience for P&C and Life insurance clients. Enables carriers to leverage J.P. Morgan's liquidity and payments capabilities.
• SapienscoreTechnology or Integration · 28 February 2024Technology integration for seamless claims payment solution. ClaimsPay and Sapiens ClaimsPro leverage automation for digital payments scalability.
• MajescocoreTechnology or Integration · 25 April 2023Expanded partnership delivering digital payments for claims for P&C. New digital payment offering available on Majesco Digital1st EcoExchange.
• Hi MarleycoreTechnology or Integration · 26 October 2022Integration of Hi Marley Insurance Cloud with ClaimsPay platform for intelligent communication during claims process. 75% of claim payments processed within 24 hours via Hi Marley texting.
• GuidewireflagshipTechnology or Integration · 24 October 2022Strategic partnership announced for payments to provide digital experiences delivering flexibility and agility throughout the insurance lifecycle. Guidewire Ecosystem Partner of the Year 2024. Pre-built integrations for ClaimCenter, PolicyCenter, InsuranceNow, and BillingCenter Cloud.
• Origami RiskcoreTechnology or Integration · 22 August 2022Expanded alliance with integrated ClaimsPay solution. Integration of Origami Risk's policy administration and claims technology for inbound and outbound payments.
• MastercardcoreTechnology or Integration · 9 September 2021Partnership to offer real-time insurance payments. Network tokenization for PremiumPay platform to increase policyholder renewals and reduce costs.
• VisacoreTechnology or Integration · 18 May 2020Partnership with Visa Token Service to increase security of digital transactions and improve user experience for insurers and policyholders.

Scale indicators9 records

Recent moves10 records

Expansion highlights7 records

Broad incumbents

• Bottomline Technologies:
• ACI Worldwide: ACI Worldwide is a large, established payment processing and digital banking software provider serving financial institutions and corporates globally. It competes broadly with One Inc in real-time payments, bill payment, and disbursements, though ACI is not insurance-vertical-focused and offers much broader capabilities.

Direct peers

• InvoiceCloud: InvoiceCloud (which acquired BillingTree in 2023) is a direct competitor in vertical bill pay, offering electronic bill presentment and payment solutions for insurance, utilities, and government. Both companies serve insurance carriers with digital premium collection and claims-related payments, competing head-to-head for the same enterprise customers.
• Paymentus: Paymentus is an electronic bill presentment and payment (EBPP) platform serving insurance, utilities, and financial services. Like One Inc, it provides digital payment acceptance and disbursement workflows to enterprise customers with similar transaction-based revenue models, and serves as a direct competitor in insurance premium bill pay.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks1 record

Key highlights7 records

Customer concentration

• Xx.com/OneIncSystems
• YouTubeyoutube.com/channel/UCV96sreoH3zxAnN2P5cNHgw
• Facebookfacebook.com/oneincsystems
• LinkedInlinkedin.com/company/one-inc

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about One Net Enterprises