Phinsys, a finance automation software provider for the re/insurance industry, has partnered with Mereo Insurance Limited (Mereo), a Bermuda-based reinsurance business, to implement its full suite of automation software to support Mereo’s finance operations.
Mereo launched earlier this year with initial capital of more than $700 million, after receiving full regulatory approval from the Bermuda Monetary Authority (BMA) and an A- rating from AM Best. The company specialises in reinsurance across property, casualty, and specialty lines.
As it builds its finance infrastructure and platform for scale, Mereo is adopting the full Phinsys product suite — including Tandem, Rapport, Postbox, Comply, and Inform — to establish an efficient, scalable, and resilient finance function to support its long-term growth.
David Croom-Johnson, Chief Executive Officer of Mereo, said, “As a start-up, we have the unique opportunity to design our finance infrastructure with a future state mindset. Partnering with Phinsys enables us to invest in a proven platform that will scale with us, automate complex processes, and give us the control and visibility we need to grow with confidence.”
Eric Butler, Chief Revenue Officer, added, “We’re proud to support Mereo at this formative stage in their journey. Implementing our platform early allows them to focus on growth and performance, backed by a finance architecture built for scale, efficiency and regulatory assurance.”
In June 2025, Mereo also selected Northern Trust to provide asset servicing and asset management solutions.
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