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The InsuranceERM Americas Awards celebrate excellence and innovation across the insurance risk, actuarial, compliance and technology sectors. The Data solution of the year category recognises technology providers delivering measurable business value through innovative approaches to managing and leveraging data within insurance organisations.
Phinsys was recognised for its purpose-built platform, which helps insurers address some of the industry's most complex finance, accounting and reporting challenges. By replacing fragmented spreadsheets, manual processes and disconnected systems with a unified finance data platform, insurers are able to improve reporting accuracy, strengthen governance and accelerate financial and regulatory reporting.
The award reflects Phinsys' growing impact across the Americas, where insurers and reinsurers face increasing pressure to manage complex regulatory requirements, improve operational efficiency and establish greater confidence in their finance and actuarial data. The platform enables organisations to automate key finance and reporting processes, create a trusted data foundation and support scalable growth without increasing operational complexity.
In recognising Phinsys as the winner, the judges highlighted the company's ability to deliver a solution specifically designed for the insurance industry, addressing critical challenges around finance data management, reporting and control while providing measurable operational benefits for insurers.
Richard Tyler, Chief Executive Officer at Phinsys, said:
"We are incredibly proud to receive this recognition from InsuranceERM. This award reflects the trust our clients place in us and the dedication of our team to solving some of the most complex finance and data challenges facing insurers today. As organisations continue to modernise their operations, having a trusted and scalable data foundation is becoming increasingly important, and we are delighted to support our clients on that journey."
Eric Butler, Chief Revenue Officer at Phinsys, added:
"This award is particularly meaningful because it recognises the outcomes our clients are achieving. Across the Americas, insurers and reinsurers are looking to improve financial control, accelerate reporting and gain greater confidence in their data. Our platform has been designed specifically to address these challenges, and it's fantastic to see that work recognised by InsuranceERM."
The award follows a period of continued growth for Phinsys across the Americas, including new client partnerships with organisations such as Geneva Re, Mereo Insurance, Balavant Insurance Group and Pinion Insurance, alongside continued expansion across the US and Bermuda insurance markets.
We would like to thank InsuranceERM, the judging panel, our clients and partners for their continued support, and congratulate all of this year's winners and finalists.
This latest accolade reinforces Phinsys' position as a leading provider of finance and actuarial data solutions for the insurance industry and reflects the company's commitment to helping insurers build modern, scalable and well-governed data environments.