PriyaPatel
TLDR:
OneShield has partnered with One Inc to deliver a digital payment solution for the insurance industry. The partnership aims to provide insurers with a more comprehensive suite of tools to optimize operations, reduce costs, and deliver superior service to policyholders. OneShield’s solutions streamline the insurance lifecycle and enhance user experience, while One Inc’s digital payment platform offers secure and customizable payment options across various channels.
Full Article:
OneShield and One Inc have joined forces to introduce a digital payment solution tailored for the insurance industry. Through this partnership, insurers can access One Inc’s payment product integrations via OneShield’s marketplace of insurance technology solutions. This collaboration aims to tackle the challenges faced by insurance carriers in streamlining processes, creating efficiencies, and enhancing customer experience.
OneShield’s solutions help insurers streamline the entire insurance lifecycle, provide convenient payment options, and improve user experience. On the other hand, One Inc’s digital payment platform offers insurers a secure, seamless, and customizable payment process across web, mobile, and call center channels. This partnership provides insurers with a single destination for a comprehensive suite of digital solutions, including modern payment options like ClaimsPay and PremiumPay integrations.
In addition to this partnership, Nordic Capital recently made a strategic investment in One Inc, joining Great Hill Partners as an investor in the company. The investment aims to fuel product innovation and drive growth opportunities for insurers. One Inc previously collaborated with J.P. Morgan Payments to digitize and enhance property and casualty insurance claim payments, simplifying the claims experience for customers using their platform and J.P. Morgan’s liquidity and payments capabilities.
