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- Ascend and Anzen Announce Partnership to Streamline Executive Risk Insurance Operations
Ascend and Anzen Announce Partnership to Streamline Executive Risk Insurance Operations
Slice of Finance Team
17 Oct
Key Highlights:
Ascend and Anzen form strategic partnership to enhance retail financial operations in executive risk insurance.
Automated platform improves invoicing, payables, and reconciliation to reduce errors and enhance efficiency.
AI-powered broking platform enables rapid quoting and data-driven coverage insights for retail brokers.
Future-proofing retail broker clients with advanced risk placement and comprehensive financial management.
Source: PR Newswire
Notable Quotes:
"Together, we are able to combine the best of what technology can offer—payment automation and intelligent risk placement—to help retail brokers optimize their operations and deliver enhanced client service."
"This collaboration helps us future-proof our retail clients with streamlined financial operations while leveraging our expertise and technology in Executive and Specialty Risk placement."
Our Take:
This partnership between Ascend and Anzen signals a significant move towards enhancing operational efficiency in the insurance industry. By automating key financial processes like invoicing and reconciliation, retail brokers can minimize errors, improve accuracy, and boost overall profitability. The integration of Anzen's AI-powered broking capabilities also means faster, more insightful risk assessments, allowing brokers to deliver better services while expanding their reach in the specialty insurance market. This collaboration is likely to set a precedent for how technology can streamline and modernize financial operations in the insurance sector.