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Founded to modernize the sector’s financial flows, the company has developed a payment infrastructure tailored to insurers, covering both incoming payments (premiums) and outgoing payments (claims). In just a few years, One Inc. has experienced significant growth, increasing its revenue from approximately $35 million to $325 million in 2024. 

A network-based approach to transforming a fragmented market

At the heart of One Inc.’s model is the creation of a payment network connecting all stakeholders in the ecosystem: insurers, service providers (repair shops, healthcare professionals, experts), and beneficiaries.

This approach goes beyond the traditional model of simply transferring funds to build an infrastructure capable of facilitating large-scale transactions.

The results speak for themselves:

  • Payment digitization could reach 75%, up from about 15% initially
  • Widespread adoption, with 280 of the 400 largest insurers as clients
  • More than $120 billion in payments processed each year 

AI as a driver of operational efficiency

One Inc. is also deploying artificial intelligence across all levels of the organization.
Its applications include:

  1. Improving Software Development Productivity
  2. Detection of anomalies and fraud
  3. Operations Optimization
  4. Identifying new customers to bring into the network

This cross-functional integration of AI is a key driver for supporting growth while improving operational efficiency.

A transformative partnership with Nordic Capital

Nordic Capital 's investment Nordic Capital the company in 2024 marked a significant milestone in One Inc.'s development.

Beyond the financial contribution, the partnership is based on strategic and cultural alignment, as well as close operational support. In particular, Nordic Capital helped to:

  • Structuring the organization to support scaling up
  • Strengthen the teams
  • Optimize costs
  • Improving systems and infrastructure

Our goal: to speed up and secure payments in critical situations

Among its key areas of focus, One Inc. is working on large-scale instant payment solutions, as well as systems that enable policyholders to quickly receive funds in the event of a crisis (for example, via digital wallets).

The goal is clear: to enable insurers to deliver on their promises when speed is of the essence.

One Inc exemplifies a structural transformation in the insurance industry: the shift from fragmented infrastructures to integrated platforms capable of handling complex data flows at scale.

This approach is based on three pillars:

  1. A clear understanding of the market
  2. Rigorous operational execution
  3. A financial and strategic partner with shared goals

A positioning that aligns withAltaroc investment approach, which focuses on companies capable of bringing about lasting change in their markets.

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