List of FIS Insurance Accounting Suite Customers
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Since 2010, our global team of researchers has been studying FIS Insurance Accounting Suite customers around the world, aggregating massive amounts of data points that form the basis of our forecast assumptions and perhaps the rise and fall of certain vendors and their products on a quarterly basis.
Each quarter our research team identifies companies that have purchased FIS Insurance Accounting Suite for Insurance ERP from public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources, including the customer size, industry, location, implementation status, partner involvement, LOB Key Stakeholders and related IT decision-makers contact details.
Companies using FIS Insurance Accounting Suite for Insurance ERP include: Porto Seguro, a Brazil based Insurance organisation with 13700 employees and revenues of $6.66 billion, Magma General Insurance, a India based Insurance organisation with 1800 employees and revenues of $397.0 million, Loudoun Mutual Insurance Company, a United States based Insurance organisation with 30 employees and revenues of $3.0 million and many others.
Contact us if you need a completed and verified list of companies using FIS Insurance Accounting Suite, including the breakdown by industry (21 Verticals), Geography (Region, Country, State, City), Company Size (Revenue, Employees, Asset) and related IT Decision Makers, Key Stakeholders, business and technology executives responsible for the software purchases.
The FIS Insurance Accounting Suite customer wins are being incorporated in our Enterprise Applications Buyer Insight and Technographics Customer Database which has over 100 data fields that detail company usage of software systems and their digital transformation initiatives. Apps Run The World wants to become your No. 1 technographic data source!
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| Logo | Customer | Industry | Empl. | Revenue | Country | Vendor | Application | Category | When | SI | Insight | Insight Source |
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Loudoun Mutual Insurance Company | Insurance | 30 | $3M | United States | FIS Global | FIS Insurance Accounting Suite | Insurance ERP | 2019 | n/a | In 2019, Loudoun Mutual Insurance Company implemented FIS Insurance Accounting Suite to centralize accounting and reporting as part of a core modernization effort, adopting the solution within an Insurance ERP context. The implementation is cited in a BriteCore case study that describes the integration between Loudoun Mutual’s new core administration platform and the FIS Insurance Accounting Suite, positioning accounting as a centralized service for the small mutual insurer. Configuration emphasis was on accounting and general ledger capabilities, an inference drawn from the vendor integration listing, with workstreams to consolidate premium accounting, policy level financial posting, and period close orchestration. FIS Insurance Accounting Suite was applied to standard insurance accounting workflows, including centralized chart of accounts, GL posting rules, and management and statutory reporting engines consistent with P&C insurer needs. The deployment included an operational integration between BriteCore and the FIS Insurance Accounting Suite, with BriteCore’s implementation going live on January 1, 2020 and the case study reporting a successful data conversion. Operational scope covered finance and underwriting functions, and governance changes focused on centralized accounting processes and consolidated reporting to support financial close and regulatory submissions, with the case study noting faster underwriting turnaround as an outcome. | |
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Magma General Insurance | Insurance | 1800 | $397M | India | FIS Global | FIS Insurance Accounting Suite | Insurance ERP | 2024 | n/a | In 2024 Magma General Insurance implemented the FIS Insurance Accounting Suite as part of an end-to-end IFRS 17 program that also selected FIS Insurance Risk Suite Prophet GI for reserving, modeling and compliance. The FIS Insurance Risk Suite Prophet GI deployment was positioned to improve actuarial calculation performance and to provide connectivity to downstream finance systems in India. The FIS Insurance Accounting Suite implementation emphasized insurance accounting and reporting capabilities aligned to IFRS 17, reflecting typical Insurance ERP functionality for structured accounting postings, ledger mapping and period close orchestration. Configuration work focused on mapping actuarial outputs from Prophet GI into accounting ledgers and journal posting templates to enable automated ledger postings and standardized statutory and management reporting. Integrations centered on the data pipeline between FIS Insurance Risk Suite Prophet GI and Magma finance systems, delivering actuarial reserves and model outputs into the FIS Insurance Accounting Suite and downstream general ledger processes in India. Operational scope covered actuarial and finance functions within Magma General Insurance, creating an end-to-end flow from reserving and modeling through to accounting entries and reporting workflows. Governance and process changes were established to control model-to-ledger data mappings and reconciliations, and to align actuarial run schedules with finance close activities. Improved actuarial calculation performance and enhanced connectivity to downstream finance systems were cited as explicit outcomes of the FIS Insurance Risk Suite implementation. | |
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Porto Seguro | Insurance | 13700 | $6.7B | Brazil | FIS Global | FIS Insurance Accounting Suite | Insurance ERP | 2024 | n/a | In 2024, Porto Seguro deployed FIS' cloud insurance risk and actuarial platform to meet IFRS 17 requirements and to improve actuarial to finance calculations and reporting across its operations in Brazil. As part of that adoption, integration with FIS Insurance Accounting Suite, an Insurance ERP, is treated as an integration assumption to provide downstream journal posting and general ledger integration from the actuarial and risk data pipeline. The implementation centered on cloud hosted actuarial and risk functionality, data management for valuation inputs, and centralized reporting to support IFRS 17 accounting flows. FIS Insurance Accounting Suite is referenced as the Insurance ERP component expected to receive processed valuation outputs and to orchestrate journal creation for finance, consistent with standard insurance accounting and actuarial reconciliation workflows. Integrations focused on linking the FIS risk and data management platform to the financial close chain, with inferred interfaces for journal posting and general ledger ingestion. The deployment covered enterprise finance and actuarial functions across Porto Seguro in Brazil, relying on cloud architecture to consolidate valuation results, assumption sets, and reporting artifacts for downstream accounting processes. Governance changes accompanied the technical rollout to align actuarial output cadence with finance period close, establishing control gates for data validation and reconciliation between actuarial models and accounting journals. The program is explicitly positioned to address IFRS 17 compliance and to improve actuarial to finance calculations and reporting, with the FIS Insurance Accounting Suite serving as the Insurance ERP link in the end to end valuation to ledger workflow. |
Buyer Intent: Companies Evaluating FIS Insurance Accounting Suite
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