Convert MGA and wholesaler accounting with tailor-made accounting options for skilled insured individuals

This submit is a part of a collection sponsored by Aspective Assured.

Accounting is commonly one of the crucial difficult points of managing the operation of an MGA or wholesaler. Constructed on 15 years of confirmed use by insurance coverage professionals, the skilled insurance coverage accounting module was designed with MGA’s distinctive necessities in thoughts. Just lately, the .NET core refactored accounting system has been redesigned for improved scalability, configuration and safety with multifactor authentication and single sign-on (SSO). With the wealthy experiences of Selectsys Tech, this method meets the best requirements of accuracy, compliance and value.

Accounting options for insurance coverage professionals

In contrast to a typical accounting system, the accounting module {of professional} insurance coverage meets the skilled wants of MGAs and wholesalers. Key options comparable to committee monitoring, premium settlements and multi-carrier fee administration are tailor-made for the insurance coverage sector, permitting groups to simply preserve correct and compliant information. The .NET core structure permits the platform to be steady, safe and simply configured to fit your particular person enterprise wants.

Designed with safety and compliance in thoughts

A refactor to .NET Core introduces superior safety features comparable to multifactor authentication and single sign-on (SSO) to make sure that delicate monetary knowledge is safe and the platform meets compliance necessities. For MGAs and wholesalers, this stage of safety and compliance is essential because it usually manages giant volumes of transactions and delicate monetary data.

Scalable, real-time monetary insights

The Accounting module of Professional Assured additionally contains real-time reporting capabilities to make sure that MGAs and wholesalers perceive their monetary place at any time. The issuance of insurance policies and integration with different operational knowledge offers a complete view of enterprise efficiency, which is crucial for strategic decision-making and income optimization.

Conclusion

Professional Assured’s accounting system is a vital instrument for MGAs and wholesalers, offering industry-specific capabilities that simplify monetary administration whereas sustaining excessive requirements of safety and compliance. With 15 years of steady use and the inspiration of developments within the newest .NET core, the skilled insurance coverage accounting module is dependable, adaptable and totally outfitted to fulfill the calls for of at this time’s insurance coverage market.

subject
Insurance coverage Wholesale