Fast-growing tech company, One Inc, secures a spot on the list of America's fastest-expanding businesses.
In the dynamic world of insurance, two companies have stood out for their impressive growth and innovation. One Inc, a leading digital payments provider in the insurance sector, and Signicat, a renowned identity verification specialist, have recently made headlines with their financial results and recognitions.
One Inc, which processes over $320 million in daily transactions, connecting over 1 million vendors across the insurance ecosystem, announced a remarkable 244% revenue growth from 2021 to 2024. This growth has been primarily driven by One Inc's role as a premier digital payments provider in the insurance industry, supporting more than 280 insurers. The company's focus on innovation in digital payments and insurance, combined with the increasing trust of insurance carriers, has played a significant role in this growth.
One Inc's digital solutions have driven a client digitization rate of up to 75%, reflecting strong ongoing momentum. In 2024, the company achieved a 55% year-over-year revenue increase, underscoring its commitment to delivering solutions that effectively meet the real-world demands of insurers and policyholders. CEO Ian Drysdale highlighted the company's leadership in innovation and the critical timing of this growth given industry challenges, underlining the impact of the company’s customer trust, partner relationships, and internal team efforts on sustaining growth.
One Inc's recognition comes at a crucial time for the insurance industry, which has been under pressure due to historic weather events and growing claim volumes. To help carriers modernize their digital experience, One Inc collaborates with the entire insurance ecosystem. The company's advanced solutions like PremiumPay for inbound payments and ClaimsPay for outbound claims provide modern, efficient alternatives to traditional paper checks.
Recently, One Inc has been included on the 2025 Inc. 5000 list of America's fastest-growing private companies, marking its fourth consecutive appearance on the list. The company ranked No. 1790, up 590 spots from its previous position, demonstrating its consistent growth.
Meanwhile, Signicat has been recognized among the Financial Times 1000 list of Europe's Fastest Growing Companies for the year 2024. Signicat, which specializes in identity verification, reported a 35% year-on-year revenue growth for the fiscal year ending December 31, 2023. The company's growth is a testament to its commitment to helping businesses streamline their identity verification processes and comply with regulatory requirements.
In a related development, GoAuto Insurance has selected One Inc's ClaimsPay® and PremiumPay® products for a fully integrated and digitized policyholder payment experience. This partnership underscores the growing demand for digital solutions in the insurance industry and One Inc's position as a leader in this space.
As the insurance industry continues to evolve, both One Inc and Signicat are set to play significant roles in helping insurers enhance efficiency, outpace competitors, and deliver exceptional value to policyholders.
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