Nirvana Insurance Selects Ascend to Automate Financial Operations

By integrating with Ascend, Nirvana seeks to streamline the payment cycle, further enhancing the efficiency and convenience it provide to its commercial fleet customers.

(Image credit: Dollar Photo Club.)

Nirvana Insurance, a startup providing data-driven fleet insurance to commercial operators, has selected Ascend (San Francisco), a provider of a financial operations automation platform, to enhance and expand its direct bill processing capabilities. Nirvana’s adoption of the technology marks a milestone in the company’s journey to expedite reconciliations, modernize billing experiences for agents and insured clients, and maximize overall operational efficiencies, according to a joint statement. By adding Ascend’s technology, Nirvana expands upon its user-friendly customer obsessed mission to deliver a better, modern insurance experience, according to the statement.

Rushil Goel, co-founder and CEO, Nirvana.

“Nirvana is reshaping  the insurance landscape, offering fairer and more competitive rates, fast  quote turnaround times, and an all-encompassing safety platform,” comments Rushil Goel, co-founder and CEO, Nirvana. “Now, with our partnership with Ascend, we can streamline the payment cycle, further enhancing the efficiency and convenience we provide to our customers. This collaboration signifies our shared focus on delivering seamless experiences that put the customer first.”

Expanded Footprint in Commercial Fleet

Andrew Wynn, Co-CEO, Ascend.

Ascend describes its technology as empowering organizations across the insurance channel to navigate complex financial processes with unparalleled ease. Through its integration with Nirvana Insurance, Ascend says it is expanding its footprint in the commercial fleet market and reaffirms its commitment to supporting insurers in modernizing their operations and enhancing customer experiences.

“Efficiency improvement is pivotal across all spectrums of insurance, be it agencies, MGAs, or carriers,” comments Andrew Wynn, founder and CEO, Ascend. “Nirvana is devoted to delivering unparalleled customer service, and we’re thrilled to bolster their efforts by revolutionizing the insurance payment cycle. We understand the financial intricacies insurers like Nirvana encounter and Ascend is driven to provide innovative solutions that eradicate hurdles, enhance productivity, and streamline operations.”

NFP to Deploy Ascend Financial Technology Platform

Anthony R. O’Donnell // Anthony O'Donnell is Executive Editor of Insurance Innovation Reporter. For nearly two decades, he has been an observer and commentator on the use of information technology in the insurance industry, following industry trends and writing about the use of IT across all sectors of the insurance industry. He can be reached at AnthODonnell@IIReporter.com or (503) 936-2803.

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