Ascend engages with NFP to deploy its Financial Technology Platform

PRNewswireAugust 7, 20233 min

Ascend, the leading financial operations automation platform announced it has entered into an agreement with NFP, a leading property and casualty broker, benefits consultant, wealth manager, and retirement plan advisor. As part of the agreement, NFP will deploy Ascend’s billing technology platform, which will offer its insurance clients an automated, all-in-one solution to financing, collections, and payables.

“Our engagement with NFP is a significant step towards achieving our goal of modernizing the financial infrastructure of the insurance industry,” stated Andrew Wynn, Co-CEO of Ascend. “We are committed to delivering a best-in-class experience to NFP and their clients by enhancing the speed and efficiency for managing their accounting and payments workflows.”

By leveraging Ascend’s technology designed for the insurance distribution channel, NFP gains access to a comprehensive solution that eliminates the labor-intensive burdens associated with premium collection, premium financing, and carrier payables.

“NFP’s deployment of Ascend’s all-in-one payments solution across the NFP ecosystem will help streamline the insurance life cycle billing and payments process and enhance our clients’ experience,” said Dan Salomon, M&A Integration Management, NFP.

Ascend is a financial operations automation platform that streamlines all account receivables and payables related tasks in the agency bill workflow. From collections to premium financing to carrier payables, Ascend handles the time-intensive and operationally expensive activities associated with the movement of premium and commissions through an agency. The platform provides real-time transparency into the payment workflow and empowers insurance organizations to be more profitable.

Fintech News – The Latest News in Financial Technology.



We are one of the world’s leading Fintech-based media publication with our content strategized and synthesized to fit right into the expanding ecosystem of Finance professionals. Be it fintech live news, finance press releases, tech articles from Fintech evangelists or interviews from top leaders from global fintech firms, we give the best slice of knowledge topped up with the aptest trends. Our sole mission is to help tech and finance professionals step up with the rapidly emerging Fintech civilization and gain better insights to emerge victorious in every possible way. We adopt a 360-degree approach in order to cater to present a holistic picture of the fintech arena.

Our Publications

FintecBuzz, 2024 © All Rights Reserved