On October 16, 2025, Copart announced a new partnership with One Inc, the leading digital payments network for the insurance industry. The collaboration integrates One Inc’s ClaimsPay® platform with Copart’s Title Express and Loan Payoff system, aiming to modernize and expedite lienholder payments for total loss vehicle claims.
The integration allows insurers to initiate payments directly from their core systems or Copart’s platform, providing real‑time VIN‑based matching and a “payoff” button that moves vehicles to auction faster. By reducing claim cycle times and lowering carrying costs, the partnership improves title transfer speed and enhances the overall claims experience for carriers and their customers.
By combining One Inc’s digital payment network with Copart’s global auction platform, the deal expands Copart’s service offering to insurers and lenders, potentially increasing transaction volume and reinforcing its competitive moat in the vehicle remarketing market. The announcement was made at ITC Vegas 2025 and represents a significant operational milestone for Copart.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.