Revenue Growth Soars 54%, Fueled by Industry’s Commitment to Digital Transformation
FOLSOM, Calif. – August 15, 2023 – 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 233%.
"Achieving a spot on the Inc. 5000 list for a second consecutive year underscores One Inc’s commitment to its clients and to the industry's revolution in digital payments,” said Ian Drysdale, CEO of One Inc. ”Our placement on the Inc. 5000 list is not just an indicator of our robust growth but also a validation of the tangible benefits our technology extends and to the steadfast trust from our insurance carriers. We remain committed to our promise of delivering an elevated and seamless policyholder experience.”
“Running a business has only gotten harder since the end of the pandemic,” says Inc. editor-in-chief Scott Omelianuk. “To make the Inc. 5000—with the fast growth that requires—is truly an accomplishment. Inc. is thrilled to honor the companies that are building our future.”
One Inc powers a network of hundreds of insurance carriers, facilitates the processing of $58B in annual payment volume and boasts an impressive year-over-year revenue growth rate of 54%. The results are a direct response from the company’s innovative carriers and partners who ranked payment solutions as their primary focus for digital transformation.
With over a decade of powering payments exclusively for insurance, One Inc has revolutionized the insurance industry. By reducing the dependence on paper checks, carriers are now able to deliver fast and secure digital payment options via policyholder-preferred channels and methods. With a reimagined premium and claim payments platform, offering built-in risk and fraud prevention controls, digital payments have become a more cost-effective and secure solution for the insurance marketplace.
For complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, location, and other criteria, go to www.inc.com/inc5000.
More about Inc. and the Inc. 5000
Methodology
Companies on the 2023 Inc. 5000 are ranked according to percentage revenue growth from 2019 to 2022. To qualify, companies must have been founded and generating revenue by March 31, 2019. They must be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2022. (Since then, some on the list may have gone public or been acquired.) The minimum revenue required for 2019 is $100,000; the minimum for 2022 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Growth rates used to determine company rankings were calculated to four decimal places.
About One Inc
One Inc is modernizing the insurance industry through a unified and frictionless payment network. Focusing only on the insurance industry, One Inc helps carriers transform their operations by reducing costs, increasing security, and optimizing customer experience. The comprehensive end-to-end digital payments platform provides expanded payment options, multi-channel digital communications, and rapid digital claim payments, even for the most complex insurance use cases. As one of the fastest-growing digital payments platforms in the insurance industry, One Inc manages billions of dollars per year in premiums and claim payments. For more information, please visit oneinc.com.
Contacts
Ana Pallas
Stanton PRM
415.867.6262
apallas@statonprm.com
