Insurance payments and software solutions provider One Inc has appointed Scott G. Stephenson as chairman of the board of directors.  

Stephenson’s appointment comes after Nordic Capital joined Great Hill Partners as co-owners of One Inc. 

This follows the March 2024 announcement that Great Hill Partners, an investor in One Inc since 2020, will retain an equal stake to that of Nordic Capital. 

The management team at One Inc also retained a “significant investment” in the company. 

Stephenson’s career includes more than 20 years at Verisk Analytics, where he held several leadership positions including president, chairman and CEO.  

During his tenure as CEO from 2013 to 2022, the company doubled its revenue, quadrupled its market capitalisation and expanded operations to three times the number of countries it had served.   

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Stephenson added: “I am looking forward to working with Ian and the team, advancing the company’s vision and shaping the next phase of growth, particularly through digitalisation and transformative products that streamline the payment process for all stakeholders.” 

One Inc CEO Ian Drysdale said: “With Scott’s strategic insight, One Inc is poised to further expand its position as the leading digital insurance software and payments platform in the US. Scott’s extensive capabilities coupled with the existing strengths of our distinguished board members will be invaluable as we execute upon the next phase of our growth.” 

One Inc has established a payments network that includes 900,000 vendors and processes more than $96bn in annual payments.  

The company’s reach extends to more than 265 leading carriers, managing general agents and third-party administrators.  

Additionally, One Inc recently partnered with Columbia Insurance Group to deliver two digital payment solutions, PremiumPay and ClaimsPay, aimed at enhancing payment processing efficiency for both inbound and outbound transactions.