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Financial Automation for Insurance CFOs

Enable insurance CFOs to streamline premium accounting, automate reserve calculations, and accelerate financial close with AI-powered automation.

Challenges

  • Premium revenue recognition complexity across policy types
  • Manual reserve calculation and adjustment processes
  • Commission calculations and agent payments taking days
  • Reinsurance accounting and reconciliation delays
  • Regulatory financial reporting burden (statutory vs GAAP)

Solutions

  • Automated premium-to-revenue workflows
  • AI-assisted reserve calculation with audit documentation
  • Real-time commission calculation and payment processing
  • Reinsurance treaty automation and reconciliation
  • Dual-basis reporting automation (statutory and GAAP)

Key Metrics

5 days

Faster month-end close

75%

Reduction in manual journal entries

4hrs

Commission processing vs 2 days

100%

Regulatory report accuracy

Key Initiatives

  • Premium accounting automation
  • Reserve process modernization
  • Commission system integration
  • Regulatory reporting efficiency

Built for CFOs in Insurance

See how New Odyssey can help your team.