Nordic Capital Backs One Inc to Boost Insurance Payment Tech

March 19, 2024

Strategic Investment by Nordic Capital

Nordic Capital, a leading private equity investor, has made headlines by announcing a pivotal investment in One Inc, a company that’s catapulting the digital payment landscape for the insurance sector into a new era. This move not only solidifies One Inc’s position as a frontrunner in insurance technology but also underscores the potential that Nordic Capital sees in the burgeoning industry of insurtech. One Inc has distinguished itself through a unique digital platform that streamlines payments for premiums and claims across the insurance industry. This investment by Nordic Capital is not just a financial boost to the company; it represents strategic growth, with the intent to spearhead product innovation and enhancement in services.The investment unites Nordic Capital, Great Hill Partners, and the existing management team of One Inc in a synergy designed to share ownership stakes equally – a testament to their commitment to One Inc’s future. Poised to revolutionize the way insurance providers handle financial transactions, this partnership is contingent on receiving the green light from regulatory bodies. It’s an investment that’s primed to power One Inc’s trajectory, emphasizing research and development to stay ahead in an industry rife with modernization.

Fostering Digital Transformation in Insurance

One Inc is carving a niche in the insurance payment space, focusing on the digitization trends that appeal to consumers’ need for quick, interconnected transactions. The company’s innovative payment solutions combine convenience with tight security, distinguishing it in the market. A workforce of nearly 500 oversees $70 billion in payments yearly, catering to more than 240 clients and supporting a vast network of over 700,000 vendors.As the insurance industry evolves, One Inc’s platform seamlessly integrates with diverse systems, ensuring smooth payments and elevating customer satisfaction. CEO Ian Drysdale credits the firm’s success to its customer-first philosophy. With Nordic Capital’s backing, One Inc aims to harness digital capabilities to spearhead product development and growth within the sector.

Subscribe to our weekly news digest.

Join now and become a part of our fast-growing community.

Invalid Email Address
Thanks for Subscribing!
We'll be sending you our best soon!
Something went wrong, please try again later