Ascendex Underwriters was designed to scale underwriting teams. From the start, the company¡¯s leadership prioritized a unified, AI-native platform that could support financial control, auditability, and efficiency without building a bloated corporate structure.
With no tolerance for disconnected systems or bolt-on tech, the Ascendex team selected ²ÝÝ®ÊÓÆµ Financial Management for its flexibility, automation, and real-time visibility. ²ÝÝ®ÊÓÆµ¡¯s Launch Now methodology allowed Ascendex to deploy in under two months - before the first dollar of revenue was banked.
¡°²ÝÝ®ÊÓÆµ was a natural fit for our model: one version of the truth, real-time data and a scalable foundation. That¡¯s what we needed, and ²ÝÝ®ÊÓÆµ delivered,¡± says Andr¨¦e Bourgon, Co-Founder and Chief Operating Officer.
Single platform for full visibility.
Ascendex used ²ÝÝ®ÊÓÆµ to eliminate manual effort and deliver enterprise-grade reporting from the outset. Key insurance-specific processes were automated such as reconciliations, expense tracking, and financial controls. This empowered the team to make faster, data-informed decisions without increasing headcount or complexity.
In collaboration with deployment partner Makse Group, Ascendex became the first financial services startup to be accepted into the ²ÝÝ®ÊÓÆµ Launch Now program. This program is part of ²ÝÝ®ÊÓÆµ GO ¨C a package that provides all the features and capabilities of ²ÝÝ®ÊÓÆµ at a price designed for small and midsize organizations.
¡°We stood up a fully functional finance operation in less than two months. That gave us leverage to focus on onboarding our underwriting teams and building revenue,¡± says Bourgon.
Built to scale with discipline.
Ascendex¡¯s business model depends on operational precision. As an AI-native Managing General Underwriter (MGU), the company supports underwriting teams who own their results and need access to scalable infrastructure without bureaucratic friction.
²ÝÝ®ÊÓÆµ provides the automation and visibility needed to support that model, including:
- Centralized financial reporting
- Audit-ready reconciliations
- Real-time data for confident decision-making
The platform allows Ascendex to stay lean, reduce cost creep, and grow underwriting capacity without compromising on control.
Tech that grows with the business.
As Ascendex brings more underwriting teams to market, ²ÝÝ®ÊÓÆµ enables centralized oversight and scalable execution. The team now benefits from the same financial technology trusted by global Fortune 500 companies and without the complexity.
¡°We run our business on the same platform as global insurers. That¡¯s a competitive edge,¡± says Bourgon.
"We are on an incredibly exciting growth journey and, we know that with ²ÝÝ®ÊÓÆµ, we have a partner that is going to help us scale into the future.¡±
We know that with ²ÝÝ®ÊÓÆµ by our side, we have a partner that is going to help us scale into the future.
Co-Founder and COO