Nirvana Insurance has selected Ascend, a financial operations automation platform, to enhance and expand its direct bill processing capabilities.
By integrating Ascend’s cutting-edge technology, Nirvana seeks to streamline the payment cycle, modernise billing experiences for agents and insured clients, and maximise overall operational efficiencies.
This collaboration underscores their shared focus on delivering seamless customer experiences and advancing the modernisation of insurance processes.
Nirvana Insurance, founded in early 2021, is on a mission to modernise the commercial insurance landscape.
Utilising IoT data derived from sensors aboard heavy trucks, Nirvana aims to transform the world of truck insurance, making it fairer, more efficient, and safer for everyone on the road.
Ascend is recognised as an industry leader in financial operations automation, empowering organisations across the insurance sector to navigate complex financial processes effortlessly.
Rushil Goel, co-founder and CEO of Nirvana Insurance, said, “Nirvana is reshaping the insurance landscape – offering fairer and more competitive rates, fast quote turnaround times, and an all-encompassing safety platform . 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.”
Andrew Wynn, CEO and founder of Ascend, added, “Efficiency improvement is pivotal across all spectrums of insurance, be it agencies, MGAs, or carriers. 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.”
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