Reconciliation is a vital component of any organisation’s accounting practices and insurance companies are no different. New research reveals the reconciliation challenge facing the insurance industry and the ways insurance firms are increasingly looking to improve and automate reconciliation.
Like many organisations, insurers are getting a raw deal when it comes to B2B payments. This whitepaper looks at why inefficient B2B payment processes are holding back insurers from achieving profitability and why it’s time for the industry to turn a cost centre into a revenue stream.
IFRS 17 represents the most significant change in financial reporting for decades, but what does it mean for the insurance industry? This report sheds light on the insurance industry’s sentiment towards the IFRS 17 regulation and the steps organisations are taking to achieve compliance.
Fundraising encourages charities to be creative and stand out for all the right reasons. With technology enabling the success of many non-traditional fundraising ideas, we have put together a list of some online fundraising opportunities your charity clients might benefit from.
In this video, Steve Birks, head of shared service delivery and Haug Scharnowski, head of finance operations talk about how EXL is leveraging its insurance and finance & accounting expertise to help Zurich transform its global finance and accounting operations.
Coming into force in 2021, IFRS 17 will change how insurance liabilities are valued and profit is recognised, providing more transparent and consistent financial reporting across the insurance industry. This whitepaper sheds light on what insurers need to know about the new international standard.
Featuring input from senior finance professionals within the insurance market, this whitepaper explores how financial planning and analysis (FP&A) teams can help the industry to seize the opportunities presented by global economic change and technological innovation.
Reporting on ARAG's tenth year in business in the UK, Managing Director Tony Buss looks back on what has been a decade of steady growth for the leading legal expenses insurance and assistance provider. Watch this video to find out more.
How have the top 100 insurers fared over the past year? What have been the highs and lows faced by the market? This article sheds light on the effect of strong competition and unfavourable claims trends upon UK insurers.
In this video, watch Tony Buss, ARAG’s Managing Director, presenting 12% growth in premium under management for 2015, its ninth full year of trading. Its Gross Written Premium (GWP) under management has increased from £39.6m in 2014 to £44.3m in 2015, generating a pre-tax profit of £2.7 million.