One Inc and CalcFocus Team Up to Streamline Life Insurance Payments
Event summary
- One Inc partners with CalcFocus to integrate PremiumPay® platform with CalcFocus’ policy administration solutions.
- The collaboration aims to modernize premium payment experiences for life insurers, reducing manual tasks and enhancing policyholder convenience.
- One Inc handles $120 billion in premiums and claims annually, serving over 310 carriers.
- CalcFocus offers cloud-native policy administration and illustration solutions with a 100% migration success rate.
The big picture
The partnership between One Inc and CalcFocus addresses the growing need for digital transformation in the life insurance industry. As policyholders demand more convenient and flexible payment options, this collaboration aims to streamline operations and enhance customer experience. With One Inc handling $120 billion in premiums annually, the integration of PremiumPay® with CalcFocus’ solutions could set a new standard for modern payments in the sector.
What we're watching
- Integration Success
- How seamlessly One Inc’s PremiumPay® platform integrates with CalcFocus’ technology to reduce operational friction.
- Market Adoption
- The pace at which life insurers adopt this modernized payment solution and its impact on policyholder satisfaction.
- Competitive Edge
- Whether the partnership strengthens One Inc’s position as a leader in insurance payments against competitors.
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