Finance and Accounting Transformation: London Market

Finance and Accounting Transformation: London Market An international MGA transitioned its financial closing, MIS reporting, and underwriting support to Xceedance to improve its insurance-related capabilities and to streamline the CFO’s financial accounting and reporting processes. In response, we assembled a team of knowledgeable accountants with international experience in the P&C market. Our team took control… Continue reading

Finance and Accounting Transformation: Asia

Finance and Accounting Transformation: Asia A global insurer wanted to produce regulatory reports in-house instead of outsourcing to consultants. We were also asked to streamline all the client’s finance and accounting practices. Since the client operated in different geographies, a single team had to own all internal and external reporting and develop a standard accounting… Continue reading

Finance and Accounting Transformation: ANZ Region

Finance and Accounting Transformation: ANZ Region A global insurer was facing challenges with its local finance and accounting outsourcing partner. The service offering through the consultant was proving to be expensive and the work was being done on local accounting tools, which created additional challenges in consolidation of international accounts and reports. Our Finance and… Continue reading

Credit Control Transformation

Credit Control Transformation A major insurance organization with operations in North America was rapidly growing its business in other continents. Its challenges included lack of procedural standardization across regions; manual processes for premium collection, invoicing, matching, and reconciliation; lack of integration and automation; disparate broker payment systems and collection channels; fragmented visibility and access to… Continue reading

Finance & Accounting

Finance & Accounting Business Requirements A global insurer was facing challenges with its local finance and accounting outsourcing partner. The service was costly and the work was being done on local accounting tools, which created additional challenges in consolidation of international accounts and reports. The client was not only looking to reduce costs but also… Continue reading