Reworking MGA and Wholesaler Accounting with Skilled Insured’s Tailor-made Accounting Resolution

This publish is a part of a collection sponsored by Skilled Insured.

Accounting is usually probably the most difficult features of managing an MGA or wholesaler operation. Constructed on 15 years of confirmed use by insurance coverage professionals, Skilled Insured’s accounting module was designed with the distinctive necessities of MGAs in thoughts. Just lately refactored in .NET Core, the accounting system has been re-engineered for enhanced scalability, configurability, and safety, that includes multi-factor authentication and single sign-on (SSO). With Selectsys Tech’s in depth expertise, the system meets the very best requirements of accuracy, compliance, and value.

An Accounting Resolution for Insurance coverage Professionals

Not like generic accounting methods, Skilled Insured’s accounting module addresses the specialised wants of MGAs and wholesalers. Key functionalities, comparable to fee monitoring, premium reconciliation, and multi-carrier cost administration, are tailor-made for the insurance coverage sector, making it simple for groups to keep up correct, compliant information. The .NET Core structure ensures that the platform stays steady, safe, and simply configurable for particular person enterprise wants.

Designed with Safety and Compliance in Thoughts

The refactor to .NET Core launched superior security measures like multi-factor authentication and single sign-on (SSO), making certain that delicate monetary knowledge stays safe and that the platform meets compliance necessities. This degree of safety and compliance is essential for MGAs and wholesalers, as they typically handle massive volumes of transactions and delicate monetary data.

Scalable, Actual-Time Monetary Insights

Skilled Insured’s accounting module additionally consists of real-time reporting capabilities, permitting MGAs and wholesalers to know their monetary place at any time. The combination with coverage issuance and different operational knowledge supplies a complete view of enterprise efficiency, which is important for strategic decision-making and income optimization.

Conclusion

Skilled Insured’s accounting system is a vital software for MGAs and wholesalers, offering industry-specific options that simplify monetary administration whereas sustaining excessive requirements of safety and compliance. With a basis of 15 years of steady use and the newest .NET Core developments, Skilled Insured’s accounting module is dependable, adaptable, and totally geared up to satisfy the calls for of at present’s insurance coverage market.

Subjects
Insurance coverage Wholesale