BLACKLINE FOR INSURANCE

Automating transactional work, delivering leading practices, and preparing for IFRS 17

Insurance companies are facing profitability risks and increased consumer expectations for individualized needs. They must adapt and invest in digital strategies to protect and scale their business.

And insurance accounting teams must also adapt. Modern accounting technology helps accounting teams save time, reduce risk, and create capacity to support their organizations’ strategic objectives.

See why leading companies like Assurant and Aviva trust BlackLine for financial close automation, visibility, and control.

Douglas Tramp

Director, Finance Systems, Zurich North America

Modern accounting use cases for insurance companies

Automate certification of statutory, GAAP, and IFRS balances and adjustments

Manage close processes, controls, and changes associated with IFRS 17

Match and analyze claims filed to claims paid and premiums owed to premiums received

BlackLine is the Leader in G2’s Financial Close Software Grid

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See how banks and financial services organizations are unlocking capacity in Accounting

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“With BlackLine, we’ve improved internal control and reduced our risk of fraud. And because there’s both increased transparency and instant access to data, we’ve enhanced our audit trails.

Anniken Røssing

Vice President Finance

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“In the past we only reconciled cash at month end. Now, we’re doing it twice a month and have cut 40% to 50% of time from monthly auditing of cash reconciliations.

Mayra Herrera

VP Core Accounting