Phinsys, the finance automation software provider for the re/insurance industry, has been selected by specialty re/insurer Inigo Limited, to deliver a digital, optimised finance and accounting function.
Phinsys’ new partnership with Inigo underscores the company’s track record of delivering innovative software solutions for all types of insurance enterprise.
Designed to speed up financial reporting and increase data accuracy, Phinsys’ platform delivers management, statutory and regulatory reporting, which includes UK and US GAAP, Solvency II and IFRS 17.
As a result, the platform will further propel Inigo’s growth ambitions with advanced financial analytics and process automation.
From what we understand, the Phinsys platform will enable Inigo to make informed and forward-thinking decisions that will play a key role in shaping the future of its business, as well as enhancing efficiency and enabling further sustained growth.
Stuart Conibear, Chief Commercial Officer at Phinsys, commented, “Inigo’s focus on data science and digital transformation resonates perfectly with our vision of harnessing technology for smarter financial control. Phinsys remains committed to delivering advanced solutions to companies throughout their evolution, and we look forward to working with Stuart and his team in supporting Inigo’s continued growth.”
Stuart Bridges, Chief Financial Officer at Inigo, said: “Inigo’s vision is to create a fully digital insurer with data science at its core. The Phinsys platform plays a crucial role in helping us achieve this goal, providing us with state-of-the-art tools and technology needed to enhance our data and streamline our financial processes and reporting.”
