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

BlackLine Customer - Zurich

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

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

BlackLine Customer - AVIVA
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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

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“We have complete visibility, and our CFO knows that the close process is being done efficiently and on time.

Mark Gonsoulin

Director Strategic Planning

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BlackLine served as a source of confidence and continuity during a period of change. And our auditors loved it.”

Douglas Tramp

Director of Finance Systems & Operational Change

BlackLine Customer - Zurich

Trusted by 4,300+ Companies

BlackLine Customer - AVIVA

The value of accounting automation


of statutory to GAAP reconciliations automated


increase in reconciliations absorbed without added headcount


auto-certification and efficiency improvement

BlackLine returns $2.77 for every dollar spent