In 2021, insurers must focus on being both digitally-enabled and data-driven in order to remain competitive and succeed. This content focuses on how an end-to-end automated reconciliation solution can deliver significant cost reductions for insurers whilst making spreadsheets a thing of the past.
To stay competitive, insurers have an opportunity to thrive by strategically reviewing and controlling their expense ratios. This content sheds light on the major components of an insurer’s expense ratio and the levers available to influence the cost drivers and reduce expense ratios.
This whitepaper looks in detail at the challenges inherent in reconciling insurer statements, the benefits of automation and how AutoRek can help at each stage in the process, from data sourcing and matching right through to reporting.
Designed for intermediaries, MGAs and brokers, this content focuses on how AutoRek delivers a robust automated financial control framework that reduces operational risk, enhances control and delivers efficiencies.
Reconciliations are a vital part of the insurance industry, yet many firms still use manual tools such as Excel to perform these key financial controls. This content sheds light on how AutoRek’s feature-rich reconciliation software solution can help insurers transform their reconciliation processes.
Research from EXL reveals that 69% of CFOs see the role of the finance leader fundamentally changing in 2020 and beyond. This infographic sheds light on the transition to a modern finance model geared towards improving performance, and how finance leaders can evolve and thrive in a digital world.
In 2020 there is a significant opportunity for the insurance industry to unlock the potential of the data available and change the somewhat frustrated historical relationships firms have previously had with their data. This content highlights how insurers can achieve effective data management.
The insurance industry is under pressure to achieve greater efficiencies and implement automated reconciliation processes. This webinar discusses the difficulties in operating manual excel reconciliations and why many insurers are prioritising automated solutions for critical business processes.
This whitepaper looks at the process involved in bordereau reconciliations and the challenges they bring, before introducing the AutoRek Bordereau solution and showing how it manages the whole process, increasing speed and efficiency whilst significantly reducing the costs involved.
This case study outlines the requirements of IFRS 17, how the AutoRek solution can help overcome these challenges and the benefits that our client, a major international underwriter, receives after implementing our solution.