Case Study: Pinnacol Assurance achieves 582 hours/year and $27,250 cost savings by cutting allocation time to 4–5 hours with Unit4 Financial Planning & Analysis

Pinnacol Assurance - Customer Case Study

Pinnacol Assurance, Colorado’s leading workers’ compensation insurer founded in 1915, serves 55,000+ policyholders and processes over 45,000 claims annually. Pinnacol’s legacy systems made financial reviews costly and slow, creating inefficiencies in allocations, limiting drill-down reporting, and complicating compliance with state requirements and external scrutiny.

Implementing Unit4 Financials centralized transactions and allocations, integrated with external systems, and enabled financial statements to be produced directly from the platform. The change cut allocation-to-validation time from 2–3 days to 4–5 hours, saved about 582 hours and $27,250 annually (allocation costs down from $35,880 to $8,640), improved control and reporting accuracy, and freed staff for higher-value work.

Pinnacol Assurance

Catherine Beus

Senior General Accountant