Ascend’s Post

We're thrilled to annouce our launch of Direct Bill Automation, a solution designed to help accounting teams process, extract, reconcile, and post direct bill commissions directly into agency management systems! With this, Ascend provides the only comprehensive solution for brokers to automate accounting tasks across both agency bill and direct bill workflows to increase operational efficiency and gain real time transparency into financial performance. “Direct Bill Automation empowers our accounting team with the technology to significantly optimize and reduce the amount of time spent on low-value transactional work so we can focus our team on high-value strategic objectives,” said Ryan Corcoran, CFO of Ellerbrock-Norris Read more: https://lnkd.in/gD2vxwdb #insurance #insurtech

We’re thrilled to announce that Ascend has been recognized as one of the Top 50 Insurtech Companies for 2024 by CB Insights ! 🎉 This recognition is a testament to the hard work and innovation of our entire team, who are dedicated to transforming the insurance industry through cutting-edge financial operations technology. A huge thank you to our clients, partners, and friends for all the support -- some of who we're excited to see featured alongside us: Nirvana Insurance, Coverdash, Accelerant, Anzen Insurance, Counterpart, Novidea, and Reserv!

Welcome Divya Aggarwal! She is joining our Customer Success team to help drive the implementation and product adoption of Ascend for retail agencies. Divya joins Ascend after 3+ years at Coalition, Inc. where she supported the engineering team, focusing on developing and optimizing insurance document creation and generation pipelines. We're excited to have you onboard! #hiring #ascend #insurance #insurtech

Welcome Randy S.! He joins Ascend as a Sales Development Representative on our growing team in San Francisco and will focus on building relationships with retail agencies. Randy's experience in sales began as an agency recruiter and most recently as a Sales Development Representative at Deel. We're thrilled to have you as part of our team! #newhire #wearehiring #hiring #ascend #insurance #insurtech

We had a great time last week in Dallas which capped off with us hosting a meet up with some local agencies and MGAs. Thanks to Novatae Risk Group, Cold Creek Insurance, Highland Park Insurance Agency, Hotchkiss Insurance, Box Insurance Agency, Alpha Omega Insurance Agency, Brecht & Associates, Insurance One Agency L.C., and Green Shield Risk Solutions for joining us! A close 3-2 loss from the Rangers but a fun night spending time with some of the best in the Dallas area! #insurance #insurtech #dallas #ascend

We're here at booth 418 Independent Insurance Agents of Dallas' All Industry Day in Irving, Texas! Swing by to say hello to our team and learn how we help agencies in the Dallas area save time and increase revenue by using software to automate agency AR/AP and reconciliation tasks. #insurance #insurtech #conference #ascend #iiad

We're excited to launch our newest feature, Automated Invoicing! Powered by AI, agents can now upload any carrier document and Ascend will read, categorize, and populate all necessary information such as carrier name, premium, commissions, and taxes to create an invoice link instantly. Benefits:   - Use AI to ensure that invoices match exactly with carrier's quote documents, minimizing errors and discrepancies. - Eliminate the need to key in policy data manually, allowing employees to focus on more strategic tasks. - Upload multiple quote documents into one program or handle a single quote with multiple policies, with Ascend automatically splitting and organizing the data as needed. Read more: https://lnkd.in/eqANwi98 #insurance #insurtech #ai #ascend

We're headed to Dallas in a couple weeks to join IIA Dallas for their All Industry Day! Kailyn Despotakis and Rohan Khatu will be at booth 418 so be sure to swing by to say hello. If you're an agency in the Dallas based area and haven't RSVPed yet, you can still register at: https://lnkd.in/gvYr-peb See you there! #insurance #dallas #insurtech #conferences

Los Angeles - ✅ Dallas, you're up next! Our team is visiting in two weeks and we'd love to meet up at the Rangers vs Twins night game on 8/15. If you're a Dallas-based agency looking to network with other agencies in the area, we'd love to host you! Send us a note at [email protected] and we'll save a pair of tickets for you. Seats are limited so RSVP quick! #ascend #insurance #insurtech #dallas

Insurance Insider US shared the latest insights from Kinsale Insurance, highlighting a significant trend: admitted business is increasingly flowing into the excess and surplus (E&S) lines market. 🔍 Key Takeaways: - Market Dynamics: Admitted business shifting to E&S lines. - Cautious Reserving: Maintaining prudent loss reserves amidst growth. - Rate Changes: Industry still has high exposure to large cats. As E&S continues to absorb demand resulting from disruptions in the admitted market, MGAs and wholesalers who have invested in efficient operations are best positioned to reap the benefits of this trend. What are your predications for the specialty markets and how will that impact how you place business? #insurance #excessandsurplus #markettrends #riskmanagement #insurtech https://lnkd.in/eHbhB2S7