One Inc Partners with CalcFocus to Revolutionize Life Insurance Payments
One Inc, a leader in digital payments for the insurance industry, has announced a strategic partnership with CalcFocus, a provider of policy administration solutions. This alliance is set to revolutionize life insurers' premium collection practices and enhance the payment experience for policyholders.
The collaboration will integrate One Inc’s PremiumPay platform with CalcFocus’ policy administration system. This integration aims to expand digital payment offerings and streamline premium collection, reducing manual processes and optimizing back-office operations. Such efforts align with the insurance sector's broader digital transformation goals.
Through PremiumPay, insurers can offer diverse payment options, including Apple Pay, Google Pay, PayPal, and Venmo, along with traditional card payments. This flexibility is set to improve policyholder satisfaction by catering to modern payment preferences.
The joint solution's capabilities will be highlighted at ITC Vegas 2026, where both companies intend to showcase their integrated offering. One Inc, which operates a specialized payments network handling around $120 billion in premium and claims transactions annually, continues to establish its fintech leadership by partnering with over 310 carriers.
Founded in 2014, CalcFocus delivers cloud-based software for policy administration, known for its 100% success rate in migration projects. It serves life and annuity insurers, offering tools that unify policy administration and illustration functions.
Ian Drysdale, CEO of One Inc, emphasized the partnership's role in modernizing payment systems and enhancing customer experience, stating, "Speed is becoming a real differentiator in life insurance, and speed to modern payments can be a challenge." Sandia Ren, CEO of CalcFocus, echoed this sentiment, highlighting the collaboration's importance in advancing operational modernization for insurers and meeting evolving policyholder expectations.