Phinsys
Finance and accounting solutions for insurers.
Overview
Phinsys provides a suite of software tools designed to automate and improve financial accounting, regulatory reporting, and analytical processes for insurance and reinsurance companies. While not a catastrophe model, its tools are essential for managing the financial data that results from modeled losses, such as processing journal entries, managing ceded premium, and regulatory reporting.
✨ Key Features
- Accounting rules engine (Postbox)
- Ceded premium allocation and IBNR calculation (Rapport)
- Credit control system (Matchbox)
- Regulatory reporting and data archiving (Comply)
- Data transformation and reconciliation
🎯 Key Differentiators
- Specific focus on the finance and accounting needs of the insurance industry
- Modular and flexible solutions
- Expertise in data migration and consolidation
Unique Value: Provides a focused solution for automating and improving the accuracy of reinsurance accounting and other financial processes within an insurance organization.
🎯 Use Cases (4)
✅ Best For
- Finance transformation for Lloyd's managing agents
- Automation of reinsurance accounting
💡 Check With Vendor
Verify these considerations match your specific requirements:
- Calculating probable maximum losses from catastrophes
🏆 Alternatives
Offers a more specialized focus on financial data and accounting automation compared to broad-based reinsurance administration systems.
💻 Platforms
🔌 Integrations
🛟 Support Options
- ✓ Email Support
- ✓ Phone Support
- ✓ Dedicated Support (Enterprise tier)
🔒 Compliance & Security
💰 Pricing
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