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Client success stories

UK insurer

Financial statement of UK insurer

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Financial and regulatory reporting – Operational finance services

An active European based reinsurer - UK Insurance subsidiary with Japanese parent

 

The Client’s requirements:
• Client had unreliable financial reporting systems and poor premium collection rates

Our solution:
• Provided an experienced insurance financial accountant and credit controller to resolve immediate problems
• Identified client requirements and created a long-term partnership 

Services/Value delivered:
• Implemented a financial reporting framework to provide bespoke management information
• Produced financial models to support strategic decision making including the closure of a regulated subsidiary undertaking
• Increased premium collection rates and reduced aged debt profile by 60% within 12 months 

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