Phinsys Solutions

Responsibility

Our vision, purpose & values

Vision
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The demand for faster, accurate and integrated financial analysis that enables better insights and decision making, is a top strategic priority for insurance businesses around the world. Cost-reduction has become critical to improve margins and operate sustainably.

Phinsys addresses these requirements by consolidating its experience in solving such challenges for the insurance sector: continuing to develop cloud-native digital technologies to maintain its position as the industry leader.

Purpose
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To provide a suite of enabling, market-leading, robust tools for the insurance sector that allow our clients to benefit from ‘best of breed’ automation technology and processing capabilities, all configured to address their precise business needs in a cost-effective manner.

The Phinsys product range provides a proven route to improved financial control, regulatory compliance and enhanced business performance.

VALUES

Always by your side
We are here for the long term. Longevity, loyalty and reliability are inherent in the way we do business with our clients, partners and colleagues.

Everyone matters
As a close-knit team, we support each other and work together with our clients and partners to ensure they each receive the attention and service they need.

Good faith
We are transparent and accountable and so are the products we design, the services we provide, and the people our clients and partners deal with.

Deep thinking
We love an opportunity to explore and solve problems. We have a deep understanding of insurance finance: we know our market inside out and are committed to its future success.

Going further
We always strive to exceed expectations in everything we do and have a singular focus on achieving the best outcomes for everyone we work with.

Responsibility

Charity & community

Our Charity Committee manages our charitable sponsorship and fundraising activities. Its aim is to support a broad range of charities, organisations and initiatives that are close to our hearts and which aim to provide support for local or national causes.

Kilburn Cosmos RFC
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We provide funds to support the development of the men’s, women’s and junior teams across all age groups and help promote the club and its activities to the wider community.

kilburncosmos.co.uk

Charity of the year 2022
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This year we are supporting Cure Parkinson’s and their work in finding new treatments to slow, stop or reverse the progression of Parkinson’s.

cureparkinsons.org.uk

Argenti
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We sponsor some of the finest young drivers in British F4, providing them with the best support to allow them to showcase their talent and advance their motorsport careers.
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argenti-motorsport.com

Office2Office Bike Ride
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We supported Castel Underwriting Agencies who organised a cycling challenge from London to Amsterdam, covering over 480 km and climbing over 2200 metres in just three days. The intiative raised over £330,000 for Cure Parkinson’s.

Argenti Motorsport provides a fantastic platform for the best young talent to progress in FIA motorsport. The Kart and F4 teams focus not only on optimising driving skills but also on personal development and realising the huge benefits of great team work.

Mike Meadows
DIRECTOR, Argenti Motorsport

Responsibility

Environmental, social & governance

We are a values-driven business that recognises the importance of Environmental Social and Governance principles in guiding the way we do business and how we engage with our clients, partners and other stakeholders.

We have committed to the following core principles that form our ESG framework. The scope and detail of these principles will evolve over time as our business grows and responds to the changing business environment.

Environmental
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We aim to minimise our environmental impact through energy efficiency in our operations. Our NYC and London offices are used as hot-desking hubs with many staff based at home (thus reducing the need for travel, office space and energy consumption).

Where possible we use environmentally friendly office supplies and reduce our non-recyclable waste generation (inc. no use of plastic bottles/coffee cups).

Our technology infrastructure is based on the Microsoft Azure cloud platform which can be up to 93 per cent more energy-efficient and up to 98 per cent more carbon efficient than on-premises solutions.

social
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Charity and Community
We support a range of charities, organisations and initiatives that are close to the hearts of our colleagues and which aim to provide funds or non-financial support for local or national causes.

Visit our Charity and Community page for further details.

Diversity & Inclusion
We regard Diversity & Inclusion as critical in creating a culture that is embracing, respectful and encouraging of the diverse cultures, backgrounds and perspectives of all colleagues.

Wellbeing
Our colleagues have the freedom to choose a work-life balance that works for them through remote, flexible or hybrid working.

We have a collaborative working environment – our London and New York offices provide a hub for colleagues to meet, work and socialise.

We provide support for learning and development opportunities to promote personal growth and improve the skills and abilities within our business.

Phinsys is committed to meeting the highest professional and ethical standards to ensure transparency, effective oversight and accountability across all aspects of our operations.

Governance

Phinsys is committed to meeting the highest professional and ethical standards to ensure transparency, effective oversight and accountability across all aspects of our operations. Robust corporate governance is crucial for our clients and partners to assess and trust in the quality of our management, processes and systems.

Our approach to corporate governance is articulated partly by our internal guidelines and policies but also reinforced by the collective responsibility of our Executive team.

Meeting at least monthly, the Executive team is responsible for the conduct and performance of our business and ensures the required financial and human resources are available to meet our strategic objectives and the needs of our clients and partners.

This commitment is supported by our SOC 2 certification which demonstrates that we have appropriate controls in place for our business processes and IT infrastructure to properly protect our financial and client data.