List of Phinsys Platform Customers
London, EC3M 4BS T,
United Kingdom
Since 2010, our global team of researchers has been studying Phinsys Platform 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 Phinsys Platform 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 Phinsys Platform for Insurance ERP include: Markel, a United States based Insurance organisation with 22000 employees and revenues of $16.62 billion, Chaucer Group, a United Kingdom based Insurance organisation with 500 employees and revenues of $336.0 million, Chaucer Plc, a United Kingdom based Insurance organisation with 500 employees and revenues of $139.0 million, Ascot Underwriting, a United Kingdom based Insurance organisation with 120 employees and revenues of $9.1 million, Signal Administration, a United States based Insurance organisation with 10 employees and revenues of $1.0 million and many others.
Contact us if you need a completed and verified list of companies using Phinsys Platform, 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 Phinsys Platform 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 |
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Ascot Underwriting | Insurance | 120 | $9M | United Kingdom | Phinsys | Phinsys Platform | Insurance ERP | 2020 | n/a |
In 2020, Ascot Underwriting implemented the Phinsys Platform Insurance ERP for Syndicate 1414 at Lloyd's to consolidate finance and accounting workflows. The deployment targeted the finance function responsible for Syndicate 1414 accounting and UK regulatory reporting.
The implementation used Phinsys Tandem, Rapport and Postbox finance modules within the Phinsys Platform to automate reconciliations, run incurred but not reported IBNR calculations, and generate regulatory and management reporting. Modules were configured to support accounting automation, control ledgers, and period close orchestration consistent with insurance finance operations.
Deployment architecture focused on syndicate level operation at Lloyd's with the Phinsys Platform operating as the central Insurance ERP for the syndicate's finance systems in the UK. Operational scope included the syndicate finance team and reporting chains for regulatory filings and internal management packs.
The vendor press release states the implementation was completed in 2020 and positioned the Phinsys Platform to streamline Ascot's finance and accounting processes including reconciliations, IBNR calculations and regulatory and management reporting in the UK. Governance work concentrated on embedding standardized reporting workflows and automated reconciliation routines within the finance function.
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Chaucer Group | Insurance | 500 | $336M | United Kingdom | Phinsys | Phinsys Platform | Insurance ERP | 2020 | n/a |
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Chaucer Plc | Insurance | 500 | $139M | United Kingdom | Phinsys | Phinsys Platform | Insurance ERP | 2020 | n/a |
In 2020, Chaucer Plc implemented the Phinsys Platform, deploying a full suite Insurance ERP to transform its finance function. The decision followed a comprehensive proof of concept that validated Phinsys Platform capabilities and the newly launched Inform solution, a finance data dashboard designed for insurance boards and management teams to analyze management and statutory finance data.
The Phinsys Platform implementation encompassed a scalable finance data warehouse, the Inform finance data dashboard, automated reconciliation and posting of accounting entries to the General Ledger, and functional support for expense allocations, IBNR calculations, planning and forecasting. The deployment also enabled automated regulatory and management reporting, consolidating management and statutory data workflows and providing detailed analytical capability for finance users.
Phinsys software was configured to conform data from multiple disparate systems into the finance data warehouse and to support single functional currency reporting from multiple jurisdictions into the parent company. Operational coverage explicitly included Chaucer Syndicates Limited finance teams, boards and management, and cross department use of a single trusted version of financial data.
Governance changes focused on centralizing financial data and automating reconciliation and reporting processes, reducing manual accounting tasks and establishing a single source of truth for internal reporting. Outcomes called out by the company included faster and more accurate single functional currency reporting, improved transparency of accounting processes, and enhanced insights into overall performance enabled by the Phinsys Platform and Inform solution.
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Insurance | 22000 | $16.6B | United States | Phinsys | Phinsys Platform | Insurance ERP | 2023 | n/a |
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Insurance | 10 | $1M | United States | Phinsys | Phinsys Platform | Insurance ERP | 2022 | n/a |
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