Phinsys joins select group of InsurTech businesses recognised by Oxbow Partners

Phinsys is pleased to announce our selection as a member of the Oxbow Partners Impact 25 for 2020.

Oxbow Partners is an advisory firm exclusively serving the insurance industry. Members of  InsurTech Impact 25 are recognised for achieving revenue growth and for having a technology-led proposition that can transform incumbents or the insurance industry as a whole.

Stuart Conibear, commercial director of Phinsys said:

“We’re delighted, not only to be chosen as a member of Impact 25, but also that the industry has recognised the key role InsurTech can play in transforming the back-office. And it’s further proof that Phinsys solutions can have a big impact on insurers performance by reducing both the inefficiencies and costs associated with operating their finance function.”

A list of all 2020 members of InsurTech Impact 25 can be found here.

Phinsys software enables insurers to conform data from multiple disparate systems into a single, scalable finance data warehouse and automatically reconcile and post accounting entries to their general ledger. The accuracy and transparency of accounting processes such as premium earning, expense allocations, IBNR calculations and the planning and forecasting of results are also improved, together with automated regulatory and management reports that enable insurance businesses to better understand where to invest their time and money.

For further information please contact Stuart Conibear, commercial director: stuart.conibear@phinsys.com