Streamlining the Insurer Statement Reconciliation Process

Insurer statement reconciliations are a necessary and key activity for all insurance brokers.  In the vast majority of cases, the reconciliation process is very labour intensive and prone to errors. The broker reconciliation team are often dealing with a multitude of different insurers, each with...

Time waits for no one. It’s amazing to think that we’ve already reached the year 2018, just two short years from 2020, and a very long way from the good old 1990’s when Palm Pilots were the trapping of only very important business people.

In the financial industry, legacy IT systems are a common point of contention. Legislative and legal implications mean financial institutions must keep data for six years from the closing date of the last financial year before changing to a new system. While such legislation is designed to offer many aspects of protection, it can also keep financial...