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.
BLOG INSIGHTS
Premium Trust Account Reconciliation: Could You Pay Your Carriers?
It’s an uncomfortable question, and for a surprising number of agencies and MGAs, the honest answer is: we don’t know. Not because anyone is doing
Written vs. Earned vs. Collected Premium: Why the Numbers Don’t Tie
Ask an agency or MGA leader for premium volume, and you’ll usually get one number. Ask the accounting team the same question, and you’ll get
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.