Treasury & Financial Control
Turn Complexity Into Clarity
Acclaim gives insurers tools to manage insurance funds across entities, currencies, and jurisdictions. Gain control over your financial operation with automated reconciliation, multi-currency wallets, and compliance-grade audit trails built in.
The Challenge
Challenges in Insurance Treasury Operations
Fragmented Fund Management
Funds scattered across multiple bank accounts, geographies, and systems make it nearly impossible to get a complete picture of your financial position. Manual tracking leads to errors and delays.
Manual Reconciliation
Limited transparency and manual reconciliation processes consume significant time and resources. Month-end close becomes a stressful, error-prone exercise that takes days or weeks.
Regulatory Complexity
Fund segregation requirements, multi-jurisdictional compliance, and audit trail demands create constant pressure. Manual processes increase the risk of compliance violations.
Currency Exposure
Operational inefficiencies in managing multi-currency balances expose you to FX risk and make it difficult to optimize cash management across different markets and currencies.
How It Works
Core Capabilities
Wallet Infrastructure
Create and manage dedicated wallets by entity, product line, or region to segment funds and streamline accounting.
Multi-Currency Management
Hold, convert, and move funds across 90+ currencies with transparent FX rates.
Real-Time Visibility
Monitor inflows, outflows, and balances across all accounts in one dashboard.
Automated Reconciliation
Instantly match transactions to claims, premiums, or commissions without manual effort.
Real-World Applications
Insurance Use Cases
Managing Claim Reserves Across Geographies
Gain real-time visibility and control over claim reserves held across markets and currencies.
Handling Commission Funds for Agents and Brokers
Organize and manage commission balances by partner and region for automated, accurate disbursements.
Segregating Product-Line or Partner-Specific Balances
Use dedicated wallets to clearly separate funds by product line or partner for cleaner accounting and compliance.
Accounting for Premium Inflows and Payouts
Automate tracking and matching of premium inflows and payouts to eliminate manual accounting work.
The Results
Measurable Benefits
Fund Consolidation
Consolidate all funds into one system of record
Faster Month-End Close
Accelerate financial close and audit readiness
Reduced Compliance Risk
Strengthen compliance through transparent reporting
Real-Time Liquidity Insights
Gain real-time liquidity and cash-flow insight
Get Complete Control of Your Insurance Funds
See how Treasury & Financial Control can transform your financial operations with complete visibility, precision, and compliance.