The Work Index by Flexa

Parsyl

Parsyl is a data-powered insurer for essential supply chains focused on improving the quality and safety of food and pharmaceuticals globally.

https://www.parsyl.com/
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Description

Parsyl is a data-powered insurer specializing in cargo insurance for complex supply chains, particularly those involving perishable goods like food and pharmaceuticals. They pride themselves on their impact underwriting, using data and technology to guide customers towards more sustainable and resilient supply chain outcomes. Their mission is to create value for the world by understanding and reducing risk, and their commitment to this mission is reflected in their "Essential Consortium" at Lloyd's of London, where they operate Syndicate 1796, the first mission-driven syndicate at Lloyd's.

Parsyl's approach to insurance is data-driven, using sensors and other data sources to gain insights into supply chain risks and deliver tailored pricing and coverage. They offer a full suite of cargo insurance solutions, including Cargo and Stock Throughput, Shipper’s Interest, Cargo Legal Liability, Warehouse Legal Liability, and Errors and Omission. Their Data Partner Program allows customers to seamlessly integrate their monitoring data from approved providers for potential discounts and expanded coverage, further demonstrating their commitment to rewarding proactive risk management. Parsyl's work is making a real impact on the world, contributing to a more sustainable and efficient supply chain and ultimately helping to ensure the quality of essential goods we all rely on.

Flexibility

Parsyl offers a flexible work environment, including unlimited vacation time, quarterly mental health days, and a home office stipend. The company also provides paid sabbatical programs and paid parental leave, with up to 6 weeks paid and 12 weeks total.

Fully flexible hours

Benefits

Parsyl offers a competitive benefits package designed to support employee well-being and work-life balance. These benefits include unlimited vacation time with quarterly mental health days, a flexible work environment with a home office stipend, a paid sabbatical program after two years of employment, paid parental leave of up to six weeks, and comprehensive healthcare coverage including medical, dental, and vision insurance. Additionally, Parsyl provides a 401(k) plan with a company match to help employees plan for their future.

Enhanced parental leave

Mission

Parsyl is an impact underwriter for essential supply chains, focused on creating value for the world by understanding and reducing risk. They combine traditional underwriting excellence with modern technology to help customers navigate modern risks, guide them toward more resilient and sustainable supply chain outcomes, and ultimately build certainty in an uncertain world.

Automation
Data-driven
Disruptor
Environmental impact driven
Healthcare
Improving quality of life/health
Science and research driven
Social impact led
Soonicorn
Sustainability
Tech for good

Culture

Parsyl fosters a culture of bold innovation, collaboration, and ownership. They encourage employees to embrace challenges, take risks, and continuously learn and grow. With a commitment to transparency, they value straight talk and open communication, building trust and respect amongst team members. Parsyl prioritizes diversity, equity, and inclusion, striving to build a company that reflects the world it serves.

Agile and dynamic
Autonomous
Collaborative
Entrepreneurial
Fast-paced
People-first
Progressive
Supportive

DE&I

Parsyl actively strives to create a culture of diversity, equity, inclusion, and belonging. They believe these principles are vital to individual and team development, cultivating leadership, and building a purpose-driven company. Parsyl is committed to weaving these principles into the fabric of their workplace culture.

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