by Rachin Dewan Digital advancement is continuously disrupting the financial services industry, pushing insurance organizations towards modernization of their finance and accounting (F&A) functions. From touchless journals to digital reporting, the focus of these...
by Anish Suri Starting January 2023, insurance organizations will have a new financial compliance standard to abide by – IFRS 17. The IFRS 17 standard establishes principles for the profitability recognition, liability measurement, presentation, and disclosure of...
Xceedance subject matter experts established a robust credit analysis system to enable a streamlined underwriting process for surety insurance products, boosting the insurer’s underwriting capabilities and enabling them to capitalize on a more comprehensive array of...
Unlike other industries, the finance and accounting function in the insurance industry lacks robust, customized accounting technology to cater to its needs. Insurtech solutions can deliver superior business outcomes while addressing extant challenges faced by...
Xceedance enabled a P&C insurance provider with global operations to establish system workflows for integrating and standardizing financial data, facilitating timely regulatory reporting. Download the Case Study The insurer’s operations were spread across various...
Xceedance revamped the underwriting accounting workflows for a global P&C insurer, including the processes governing accounting entries in the general ledger, facilitating strict compliance with the applicable financial and regulatory framework. Download the Case...
