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 Workday Financial Management for its flexibility, automation, and real-time visibility. Workday’s Launch Now methodology allowed Ascendex to deploy in under two months - before the first dollar of revenue was banked.
“Workday 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 Workday delivered,” says Andrée Bourgon, Co-Founder and Chief Operating Officer.
Single platform for full visibility.
Ascendex used Workday 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 Workday Launch Now program. This program is part of Workday GO – a package that provides all the features and capabilities of Workday 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.
Workday 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, Workday 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 Workday, we have a partner that is going to help us scale into the future.”
We know that with Workday by our side, we have a partner that is going to help us scale into the future.
Co-Founder and COO