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MYCROSOFT DYNAMIC 365 ACCOUNTING SERVICES FOR INSURANCE

Algebraa Business Solutions Private Limited delivers enterprise-grade financial, operational, and governance transformation for life, general, health, and specialty insurance organizations through Microsoft Dynamics 365. In a sector defined by complex policy structures, actuarial dependencies, stringent regulatory scrutiny, and multi-jurisdiction operations, Algebraa architects secure, audit-ready ERP ecosystems that centralize financial control, enforce governance discipline, and deliver real-time enterprise intelligence .

Enterprise Financial Governance for Regulated Insurance Operations

  • Centralized finance operations across underwriting, claims, reinsurance, and corporate entities
  • Standardized chart of accounts aligned with product lines, portfolios, and distribution channels
  • Governance over premium income, commissions, claims payouts, and operating expenses
  • Strong controls over expense allocation and cost attribution

Measured Outcomes:

  • Improved financial transparency across insurance portfolios
  • Reduced risk of misstatements and revenue leakage
  • Stronger board and regulator confidence

Record-to-Report Discipline and Statutory Assurance

  • Centralized general ledger with real-time integration of policy, claims, and treasury data
  • Automated accounts payable and receivable with embedded approval workflows
  • Cash and liquidity visibility across premium inflows and claims outflows
  • Accelerated month-end, quarter-end, and year-end close

Measured Outcomes:

  • Faster and more accurate financial closes
  • Reduced manual reconciliations
  • Continuous audit readiness

Premium Accounting, Revenue Recognition, and Commission Control

  • Structured accounting for written, earned, and unearned premiums
  • Revenue recognition aligned with policy terms and regulatory requirements
  • Commission accounting for agents, brokers, and partners
  • Transparent accrual and settlement governance

Measured Outcomes:

  • Improved revenue accuracy
  • Reduced disputes with distribution partners
  • Stronger statutory compliance

Claims Accounting and Reserve Governance

  • Centralized accounting for claims reserves, settlements, and recoveries
  • Controls over IBNR, outstanding claims, and reinsurance recoverables
  • Audit-ready documentation for claims-related financial movements
  • Integration with actuarial and risk data

Measured Outcomes:

  • Improved reserve accuracy
  • Reduced claims leakage
  • Enhanced confidence in financial statements

Budgeting, Forecasting, and Profitability Governance

  • Enterprise-wide budgeting aligned with underwriting strategy and risk appetite
  • Forecasting models reflecting loss ratios, expense ratios, and market conditions
  • Cost allocation across products, channels, and regions
  • Profitability analysis by portfolio and geography

Measured Outcomes:

  • Improved financial predictability
  • Stronger expense discipline
  • Better capital and pricing decisions

Multi-Entity, Multi-Ledger, and Global Consolidation

  • Consolidated accounting across subsidiaries, branches, and holding structures
  • Automated intercompany accounting and eliminations
  • Multi-currency accounting with real-time FX exposure visibility
  • Group-level statutory and management reporting

Measured Outcomes:

  • Faster consolidation cycles
  • Improved group-level transparency
  • Consistent reporting across jurisdictions

Fixed Asset and Capital Governance

  • Lifecycle management of offices, data centers, and IT infrastructure
  • Capitalization, depreciation, impairment, and disposal governance
  • Asset utilization and cost-efficiency analysis
  • Audit-aligned asset registers

Measured Outcomes:

  • Improved return on capital employed
  • Reduced asset-related audit findings
  • Stronger capital planning discipline

Payroll Integration and Workforce Cost Control

  • Payroll integration across underwriting, claims, sales, and support teams
  • Workforce cost allocation by function, product, and region
  • Compliance with jurisdiction-specific employment regulations
  • Secure handling of employee financial data

Measured Outcomes:

  • Accurate workforce cost visibility
  • Reduced compliance exposure
  • Improved compensation governance

Internal Controls, Risk Management, and Audit Trails

  • Role-based access enforcing segregation of duties
  • Embedded approval hierarchies for financial and operational transactions
  • End-to-end audit trails supporting regulatory inspections
  • Embedded alignment with IFRS, GAAP, and IAS frameworks

Measured Outcomes:

  • Reduced audit and regulatory risk
  • Improved control maturity
  • Stronger risk governance

Executive Intelligence for Insurance Leadership

  • CFO dashboards covering combined ratio, profitability, and liquidity
  • MIS aligned with board, audit committee, and regulator reporting
  • Real-time analytics supporting pricing, reserving, and capital decisions
  • Predictive insights for portfolio optimization and growth

Measured Outcomes:

  • Faster executive decision-making
  • Improved risk-adjusted performance
  • Enhanced stakeholder confidence

Scalability for Market Expansion and M&A

  • ERP scalability supporting new products, entities, and regions
  • Seamless integration of acquisitions and partnerships
  • Cloud-enabled operations ensuring resilience and continuity
  • Governance frameworks supporting long-term institutional growth

Measured Outcomes:

  • Controlled and compliant expansion
  • Reduced integration risk
  • Sustainable operational scalability

Governance-Led ERP for Insurance Resilience

Algebraa Business Solutions Private Limited empowers insurance organizations to operate with financial precision, regulatory confidence, and strategic clarity through Microsoft Dynamics 365. By embedding governance, transparency, and real-time intelligence into finance and operations, Algebraa enables insurers to strengthen solvency, protect policyholder trust, and deliver sustainable long-term enterprise value.