Overcoming financial data challenges: Best practices for insurance firms
Posted: 05/07/2024 | Read time: 3 minutes In this blog, we explore common financial data challenges and provide best practices to overcome them. Sharing insights from AutoRek’s insurance lead Piers Williams and accounting and reconciliations expert Mark Baker, it summaries key points from our Insurance finance and accounting operations best practices webinar. The financial…
Navigating Financial Flows & Data Management in Insurance
Piers Williams is joined by Jason Howes, Director of Business Transformation at Allianz, to discuss key data management and financial control challenges within the insurance industry. Watch the video to find out: How AutoRek is currently deployed across the insurance sector Why back and middle-office automation is often overlooked The operational benefits of automation
Insurance broker Howden selects AutoRek to drive digital transformation across key back-office processes
Posted: 30/05/2024 | Read time: 2 minutes Global insurance intermediary group Howden has selected leading software provider AutoRek to boost the efficiency of key back-office processes through intelligent automation. The new partnership will help Howden to centralise and streamline areas of its Insurance Broker Accounting (IBA) operations, increasing capacity for future growth and improve…
Insurance finance and accounting operations: 2024 trends & best practices
With efficient operations, you can give your customers better experiences – which, in turn, helps you stay competitive. To achieve this, you need to know how finance and accounting operations in the insurance industry are changing. In this webinar, our Insurance Lead, Piers Williams, sits down with accounting and reconciliations expert Mark Baker. They’ll explore…
Financial & actuarial reconciliations for insurers: How to ensure data aligns
Posted: 08/02/2024 | Read time: 4 minutes In this blog, our Insurance Lead, Piers Williams, explains why firms can’t afford to overlook the importance of financial and actuarial reconciliations. Data shapes the underwriting principles that underpin the insurance products we all depend on. But it’s often used by different teams across the organisation. Finance…
The Clear Group selects AutoRek to support digital transformation
Posted: 09/01/2024 | Read time: 2 minutes The Clear Group has selected leading software provider AutoRek to drive efficiency across its business by automating some key operational processes. This latest investment in technology and data is a key part of Clear’s growth strategy and will enhance the client journey. The new partnership will enable…
How automation is unlocking the future of insurance
In the latest FF News Insurtech Show, AutoRek’s Piers Williams joins Sasha Jory, Chief Information Officer at Hastings Direct, and Jonathan Fletcher, CTO at CFC Underwriting. They discuss how automation is pulling the insurance industry into the future. Watch the show to find out: Key challenges of manual processes in the insurance industry The benefits…
Automation trends in the insurance industry: Planning for 2024 and beyond
Posted: 10/11/2023 | Read time: 4 minutes Recent advancements in fintech have transformed the way that many financial organisations conduct their back and middle-office operations. But the insurance industry is one sector that still lags behind. Although there are signs that firms are adopting AI and advanced analytics to streamline operations, insurers are still…
Piers Williams InsureTV Interview
Piers Williams joins InsureTV to discuss AutoRek, automation, and credit control. Watch the video to find out: How AutoRek is currently deployed across the insurance sector Why back and middle-office automation is often overlooked The operational benefits of automation How automation improves credit control by reducing unallocated cash
AutoRek product guide: Insurance Broker Accounting (IBA)
The benefits of automating IBA Accurate and efficient insurance broker accounting (IBA) processes are critical to an insurance broker’s financial stability. They streamline operations and ensure reporting is correct. But completing IBA processes remains a significant operational challenge. Over half of insurance brokers complain about process complexity, while 40% struggle with processing large volumes of…