Ascend

Ascend is a financial technology company that has built the first and only complete financial operations platform purpose-built for the insurance industry. The platform combines AI-powered accounting automation, payments, and premium financing into a single vertically integrated solution, and is positioned as the market leader in insurance financial operations automation.

The Ascend Financial Operations Platform automates invoice creation, delivery, and collections; finances and collects premiums; turns bank deposits into matched accounting entries; reconciles and disburses carrier payables; and closes books faster with end-to-end automation. Technical work spans AI-powered accounting automation, payments, premium financing, and bookkeeping and reconciliation automation.

Adoption is substantial: the platform is trusted by over 4,000 insurance businesses, including more than half of the 50 largest brokers, across insurance agencies, wholesalers, MGAs and carriers. The industry it serves is worth $10 trillion.

Ascend was founded to solve inefficiencies in a legacy industry still reliant on PDFs, email threads and manual reconciliation, with a mission-driven focus on automation and the modernisation of insurers' financial operations.