Insurance F&A Overview
Insurance finance and accounting
Using the power of digital to transform insurance
Performance insights through digital F&A
EXL brings one of the largest expert F&A workforces to insurance operations and analytics. With many leading insurers as clients, we have a firm grasp on the industry and where it’s going. The knowledge gained from our tenure enables us to effectively leverage your proprietary data to create powerful, tailored solutions that use Digital Intelligence to provide visibility into product performance, revenue, and opportunities for improvement.
Technical accounting
We offer a full suite of services for the insurance finance and accounting functions, with a strong focus on higher-end offerings that drive maximum value across the enterprise.
Premium (Receivables)
Billing
Collections
Cash application
Front-end to back-end reconciliations
Claims Payables
Claim processing
Payment processing and disbursements
Reserving /valuation –IBNR and case reserves
DAC accounting
Reinsurance
Treaty administration
Bordereau preparation and invoicing
Collections and cash application
Investments
Investment accounting
Corporate actions accounting
Portfolio reconciliation
Valuation and impairment
