Delivering financial control, robust governance, data transparency and granularity, AutoRek has been implemented in numerous insurance companies.
AutoRek offers data management solutions that allow insurance firms to fulfil their financial, operational, risk control and regulatory reporting obligations. Changes to reporting standards such as IFRS17 are demanding a greater understanding of the data underpinning insurance contracts. AutoRek has the experience and capabilities to help you manage such changes.
In addition to our standard features and benefits, AutoRek delivers:
• Broker accounting, subledgers, cash allocation and statements
• Automation of premium and claim reconciliations
• Automation of commission and DAC calculations
• Bank reconciliations
• Production of ledger postings
The functionality and capability of the AutoRek suite of products enables your firm to perfect financial and operational controls, and act as a point of differentiation which contributes to your organisation’s strategic objectives. From the London Market to leading health and life insurers, our suite of solutions has been implemented across the insurance industry on a variety of projects.