Cennairus Cyber, a wholesale insurance brokerage specialising in cyber and technology errors and omissions insurance, has announced a partnership with Ascend, a financial operations automation platform.
This collaboration is poised to streamline finance operations unique to wholesale insurance brokerages, optimising billing and payments processes while delivering unparalleled accuracy and efficiency.
Abe Gibson, Partner at Cennairus Cyber, expressed excitement about the collaboration, emphasising the commitment to excellence and innovation.
“Our partnership with Ascend underscores our dedication to delivering excellence in all aspects of our business,” Gibson stated.
“By joining forces with Ascend, we embrace their state-of-the-art technology and expertise to optimise our finance processes.”
The integration of Ascend’s advanced automation capabilities into Cennairus Cyber’s payment workflows promises to expedite reconciliations and modernise the agency bill and direct bill experience for agents and insured clients.
This strategic move not only maximises operational efficiencies but also enhances the overall customer experience, positioning Cennairus Cyber for accelerated success and growth.
Andrew Wynn, CEO of Ascend, echoed Gibson’s sentiments, emphasising the transformative impact of their financial operations solution.
“We are delighted to join forces with Cennairus and support their commitment to operational excellence,” Wynn stated. “Our solution will simplify wholesale billing and payments, driving industry-wide progress and shaping the future of insurance operations.”
The partnership between Cennairus Cyber and Ascend represents a dynamic collaboration aimed at setting new industry standards in MGA billing and payments processes.
By leveraging Ascend’s automation capabilities and Cennairus Cyber’s commitment to innovation, this partnership is poised to revolutionise how insurance businesses handle their financial operations, paving the way for enhanced efficiency and unparalleled service delivery.
