Functional Finance

Functional Finance is excited to spotlight some big wins for Obie’s Head of Finance and Accounting, David Janusz! From leading its FinOps transformation to earning a 2025 HousingWire Finance Leader award, David has played a key role in Obie’s rapid expansion. This industry-leading insurtech MGA is changing how rental property insurance is bought and sold, with $25B+ in coverage and a platform that’s scaling fast. Since rolling out Functional Finance, they’ve streamlined every part of their financial operations. “Before partnering with Functional Finance, all of our FinOps processes were manual,” David says. “Now it’s automated, it’s real-time, and we can rely on it.” We’re proud to support Obie so they can stay focused on what they do best: delivering a better insurance experience for us all. Watch the full video and hear David’s story in the comments. #functionalfinance #obie #mga #insurance #fintech #finsurtech

We’re proud to announce our partnership with INSILLION, a cutting-edge provider of Pay-as-you-Grow insurance software: https://hubs.la/Q03gy2Dm0 This collaboration combines Functional Finance's API-driven automation with Insillion’s cloud-based PAS, providing E&S MGAs with the infrastructure to launch and scale without adding operational drag. The pace and complexity of this market demand more than a patchwork of tools. With the launch of Insillion’s Pay-as-you-Grow MGA software, the need for an integrated solution became clear. “We identified a strong need for an integrated billing and PAS solution for the MGA market,” said Insillion CEO Raja Raman. “So, we partnered with Functional Finance to provide a comprehensive platform that streamlines MGA operations.” We’re excited to raise the bar for how MGAs operate. This partnership gives them the tools to move faster, work smarter, and grow with confidence. #Insillion #FunctionalFinance #Insurtech #Insurance #EffortlessFinance

We’re honored to be semi-finalists in the Qorus Innovation in Insurance Awards. Today’s the final day to vote for Functional Finance in the Insurtech category. Vote here: https://hubs.la/Q03gdm2f0 We’re so grateful for your support! #QorusInnovation #FunctionalFinance #Insurtech #Insurance

We’re honored to be semi-finalists in the Qorus Innovation in Insurance Awards. Today’s the final day to vote for Functional Finance in the Insurtech category. Vote here: https://hubs.la/Q03gdm2f0 We’re so grateful for your support! #QorusInnovation #FunctionalFinance #Insurtech #Insurance

Last chance to vote! Support us here: https://hubs.la/Q03f9fKG0

We're thrilled to announce that Functional Finance is a semi-finalist for the Qorus Innovation in Insurance Awards in the Insurtech category—and we could use your vote! Functional Finance is revolutionizing insurance finance by automating payments, reconciliation, and accounting, eliminating those endless spreadsheets and long nights. If you believe in smarter finance and better insurance, please vote for us: 1. Visit https://hubs.la/Q03f9fKG0 2. Register with your work email 3. Select the “Insurtech” category 4. Choose Functional Finance from the list Voting is open until Monday, April 7. Wish us luck! #QorusInnovation #QIFIA2025 #FunctionalFinance #Insurtech

Co-Founder & CEO Rashmi Melgiri is featured in Financial Technology Partners / FT Partners' Women In FinTech report, sharing her perspective on automation, AI, and breaking barriers as a woman leader in FinTech. Functional Finance is transforming how money moves in insurance. The platform streamlines premium collection, automates reconciliation, and eliminates errors. What once took days now happens in seconds, improving accuracy, efficiency, and compliance. “In insurance, every financial change sets off a chain reaction,” Rashmi explains. “When a policy changes mid-term, our platform recalculates every financial domino—from premium adjustments to commission clawbacks. When a policy cancels, it automatically initiates clawbacks, adjusts premium allocations, and processes refunds, all while maintaining strict compliance.” Beyond automation, Rashmi sees AI as a game-changer for underwriting and risk management. “The payment data we process holds untapped insights into policyholder behavior, an often-overlooked but powerful pricing signal. By turning financial data into a strategic asset, we can help insurers price risk more effectively.” Read the full report highlighting a select group of women shaping the future of FinTech, with Rashmi’s featured interview starting on page 62: https://lnkd.in/gRWBfxR2 #WomeninFinTech #FinsurTech #FunctionalFinance

Meet one of the leaders behind Obie’s explosive growth! When David Janusz joined as their first finance hire, he didn’t just bring spreadsheets—he brought vision... 3.5 years later, Obie has secured over $25 billion in coverage and scaled 5x year-over-year without adding to operational headcount. How? David, alongside Ryan Letzeiser and Aaron Letzeiser, and their world-class team, transformed financial operations from a manual, time-consuming burden into a fully automated, seamless system. The numbers tell the story: days reclaimed, real-time visibility, and $65K+ in monthly savings. We couldn’t be prouder to partner with Obie, and the timing couldn’t be better. David was just named a 2025 HousingWire Finance Leader for his groundbreaking work in real estate finance. Well deserved! 👏🏻 Want to see exactly how they did it? Check out the full story: https://hubs.ly/Q03cnRSL0 #Obie #Insurance #FinanceInnovation #FunctionalFinance

We’re thrilled to announce our partnership with PolicyFly to automate submission intake, underwriting, billing, and reconciliation directly within its platform: https://lnkd.in/e2m_GmnX MGAs and specialty insurers can now streamline financial workflows that often fall between policy admin systems and accounting with greater efficiency and financial clarity. “Specialty insurers often face challenges balancing complex policy workflows with financial operations like reconciliation, payment processing, and reporting,” says PolicyFly CEO Cory Crosland. “By combining our expertise in policy workflows with Functional Finance’s automation capabilities, we’re eliminating inefficiencies and empowering insurers to focus on growth and customer satisfaction.” Here’s what this partnership means to #PolicyFly customers: • Automated billing and reconciliation (goodbye spreadsheets) • Real-time visibility into financial data • Simple workflows, from quotes to collections, all in one platform • Seamless integration with existing systems We’re excited about the impact this partnership will have on PolicyFly customers and the future of operations in the insurance industry! #Insurance #FunctionalFinance #EffortlessFinance

Growing your MGA business can be as challenging as it is exciting... Functional Finance can help eliminate at least one of those challenges. With unified FinOps, MGAs gain the tools to scale effortlessly while managing complex financial and regulatory requirements. Functional Finance’s tailored approach means you get full transparency, optimized workflows, and the ability to make data-driven decisions at every stage of growth. Key features of the Functional Finance Platform: ·      Centralized Data: One system for all financial data, eliminating silos. ·      Improved Compliance: Easily meet industry regulations and reporting requirements. ·      Scalable Technology: Grow your operations without growing your headaches. For MGAs looking to grow in a fast-paced market, unified FinOps isn’t just an asset—it’s a necessity. Ready to simplify and scale? Visit www.functionalfi.com today! #FinOps #Insurance #InsurTech #Finance #FinancialOperations #Billing #Payments #Reconciliation #TechInnovation #MGA #Accounting #PremiumFinance #Automation #Workflow #WomeninLeadership #WomeninInsuranceLeadership #WomeninTech