Bright Balance Accounting & Finance

We de-risk the financial
operations of P&C Insurance.

Policy administration and claims handling system reporting, with specific experience in Silvervine/PTS and Diamond

Program Profitability Analysis, Leakage Analysis, and Underwriting Profitability Improvements

Program Reporting and Related Reconciliations of Collected, Written & Earned Premium

Robust Knowledge with Trust Accounting & Trust Reconciliations

We de-risk the long-term financials
of P&C Insurance

Policy Administration and Claims Handling System Reporting with Specific Experience in Silverline / PTS & Diamond

Program Profitability Analysis, Leakage Analysis, and Underwriting Profitability Improvements

Program Reporting and Related Reconciliations of Collected, Written & Earned Premium

Robust Knowledge with Trust Accounting & Trust Reconciliations

Flexible Managed Accounting Resources

We’re a team of CFOs and senior accountants delivering financial analysis and transaction processing for P&C Organizations.

Transaction Processing

Accounting
Support

CFO & FP&A Augmentation

INSURANCE AND FINANCIAL CASE STUDY

P&C Insurance, non-standard auto

Held fractional CFO title for a managing general agency (MGA) in the non-standard auto business; streamlined carrier reporting, developed a weekly close process for all premiums, commissions and LAE for both accounting and cash settlement. After 6 months, the BBA operations team helped reduce the monthly cost of accounting by 70% through a faster, more efficient and lower cost close.

P&C Insurance, non-standard auto

BBA started out by augmenting the accounting team within a large MGA group and after catching up and cleaning up over 100 cash account reconciliations and streamlining the cash close, moved on to support other segments with similar transformative work.

UK Fin Tech launch of US operations

Advised CEO on startup of operations in the US including banking, HR/benefits, payroll, equity, tax, and accounting infrastructure. Developed loan book reconciliation process with operations, and a cost efficient and fast monthly close process.

INSIGHTS

Let’s Talk

We specialize in helping small businesses manage their accounting and financial needs in an economical way that scales as fast as you do. If you’re interested in what an engagement looks like with us, just indicate that you’d like us to share a sample engagement with you in the form below.