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One Inc Expands Life Insurance Payments Ecosystem Through Partnership with Equisoft
One Inc, the leading payments network for the insurance industry, today announced a partnership with Equisoft, a global provider of advanced digital solutions for the financial services industry. The collaboration brings together One Inc’s PremiumPay® platform and Equisoft’s industry-leading life insurance policy administration solutions to deliver a frictionless, modern premium payment experience for insurers and their policyholders.
Equisoft, trusted by more than 300 financial institutions globally, will integrate One Inc’s best- in-class solution to help their clients streamline inbound premium payments and drive cost reduction. This optimized process will reduce manual processing, support digital transformation efforts, and enhance the overall experience for all policyholders. PremiumPay will enable insurers to offer a wide range of payment options, including popular consumer platforms like Apple Pay, Google Pay, PayPal, and Venmo, as well as traditional methods.
“Payment modernization is an essential part of delivering cost reduction and enabling a truly digital experience in life insurance,” said François Levasseur, Vice President, Global Alliances & Acquisitions, at Equisoft. “Joining forces with One Inc allows us to provide life insurers with a pre-built and plug-and-play premium payment solution. This out-of-the-box integration enables carriers to digitalize premium collections, therefore enhancing agility as well as driving efficiency to deliver the best possible customer experience.”
By embedding PremiumPay into Equisoft’s trusted policy administration platform, we’re not just modernizing payment options; we’re addressing the evolving expectations of a new generation of policyholders,” said Ian Drysdale, CEO at One Inc. “Today’s younger consumers demand seamless, digital-first experiences that align with their tech-savvy lifestyles. Our partnership with Equisoft empowers insurers to meet these expectations, ensuring they remain relevant and competitive in an industry undergoing a profound generational transformation.”
This collaboration with Equisoft builds on One Inc’s continued momentum in modernizing life insurance payments.
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