For Immediate Release
SWIFT Automation Targets Mid-Market Insurers Ahead of FRS 17
Reporting Requirements
New strategic focus positions Quick Consols as a fast, audit-ready reporting solution for insurance groups
managing multiple funds and portfolios.
JOHANNESBURG, SOUTH AFRICA — 10 Oct, 2026 — SWIFT Automation has named mid-market insurance as a lead
strategic vertical for 2026, as insurers across the region prepare for FRS 17 and related insurance-contract reporting
requirements that demand a more rigorous, auditable approach to group financial reporting.
Insurance groups typically manage multiple funds, portfolios or underwriting entities that must be reported on both
individually and collectively — a structural complexity that mirrors the exact problem Quick Consols was built to solve.
Combined with an approaching compliance deadline, SWIFT Automation believes the sector is uniquely positioned to benefit
from automated, audit-ready group reporting.
“Insurers don’t have the luxury of waiting until reporting season to discover their numbers don’t tie out. FRS 17 raises the bar
on transparency, and spreadsheets simply aren’t built to meet it. We built Quick Consols to give finance teams that confidence
well before the deadline, not in a scramble against it.”— [Executive Name], [Title], SWIFT Automation
The company’s push into the sector builds on existing engagements with insurance groups already using Quick Consols to
consolidate reporting across funds and entities, cutting the manual reconciliation work traditionally required at month-end
and year-end close.
SWIFT Automation’s insurance-focused offering includes pre-configured reporting templates, a full audit trail across every
consolidation run, and direct integration with clients’ existing finance systems — designed to get insurance finance teams to a
defensible, board-ready number without adding headcount.
The company will support the vertical push with a dedicated content and advisory campaign aimed at CFOs, Financial
Controllers and Chief Audit Executives at mid-market insurance groups across South Africa, Botswana and Namibia.
ABOUT SWIFT AUTOMATION
SWIFT Automation is a South Africa-based finance technology company helping multi-entity organisations across Africa close faster,
report smarter and stay audit-ready. Its flagship platform, Quick Consols, is a cloud-based financial consolidation and group reporting
solution built specifically for the complexity — and budget realities — of African finance teams. SWIFT Automation partners with
clients across financial services, insurance, energy, mining and property sectors to replace manual, spreadsheet-driven reporting with
a single, automated source of truth.
MEDIA CONTACT
[Media Contact Name], Marketing & Communications, SWIFT Automation
info@swiftautomation.tech | +27 10 593 2987 | www.swiftautomation.tech