Service designed for insurance companies. Finance Engineering undertakes to ensure standard reporting on agreed scope and frequency. We will upload customer’s data into our reporting engines. Final sets of reports prepared will be provided periodically afterwards.
Key benefits of our service:
- Responsibility for reporting (or most complicated part) in one hands;
- Always clear when and what information will be ready;
- Internal experts may concentrate on business, not technical details;
- Flexible and fast changes of reporting requirements;
- Results presented in chosen form (PDF, MS Excel, other).
Finance Engineering can help with reporting tasks like:
- Reporting for regulators and reinsurers: core statistics (GWP, claim amount, number of policies and claims), run-off, claim triangulation, risk & claim profiles, etc.
- Claim ratio or even profitability per risk attributes; data sets for further pricing analysis.
- Brokers and intermediaries financial (premiums, commissions and claims paid) and sales specific (new business, renewal) reporting.
- Commission’s management (written, earned, paid commissions).
- Reinsurance impact and profit-loss net figures.
- Cash flow monitoring (paid premium, commission, claims, regress, etc.).
- Sales statistics (distribution channel, new business, renewal, cross-sales).
- Claim statistics (open, closed, new cases, workflow monitoring).
- Other reporting tasks requested by customer – we are always hapy to enrich our services providing additional features.
