In 2005, Chris Ewing and Tim Tyannikov met at Cost-U-Less Insurance, a multiline insurer with an emphasis on auto insurance. Chris was CIO and General Counsel, and Tim served in an engineering role, initially hired to build out a point-of-sale system.
Over the next few years, they decided to found their own insurance companies. What they discovered along the way was that typical insurance software suffered from some major problems.
It too often lacked the features, the right process flow, and time-to-market capabilities needed for real-world insurance operations.
They concluded that insurance software needs to be built by people with first-hand experience running insurance companies.
So, they sold their insurance companies, and One Inc was born. From the beginning, they applied everything they learned running insurance companies to the design of insurance technology platforms.
The result was a breadth of products that covered every aspect of the insurance business. Original products include:
All the pieces coalesced into the current One Inc Digital Payments Platform, resulting in tremendous growth and a perfect market fit for the company. All the while helping insurance companies modernize the way they engage with their customers by delivering a frictionless payment experience.
Since then, One Inc has grown to serve the insurance platform needs of over to 100 insurance companies, processing over $5 billion in payments per year.
With investments of $52.2M to date, investors in One Inc include AXA Strategic Ventures, MassMutual Financial Group, H&Q Asia Pacific, Camp One Ventures, AGI Partners, American Family Ventures, and Centana Growth Partners.
No product promos. Just insight about digital payments and other insurance technology. Trends. Best Practices. Opinions.