Insurance

A & C CHRISTOFI Ltd. is a service-based company located in Cyprus, offering professional accounting and bookkeeping services to businesses in the insurance sector. With decades of experience working with companies and individuals in the Insurance industry, A & C CHRISTOFI Ltd. is ready to help you increase your bottom line.

Our scalable insurance business accounting services remove the burden of staffing as well as handling in-house bookkeepers and accounting professionals. We provide a level of dependability, persistence, and competence that is characteristically exclusive to insurance businesses. With a fractional share of an entire account’s division, you will reap the benefits of both the worlds – capabilities as required without any hassle. By keeping an eye on changing market trends and the issues affecting the companies in the Insurance sector, we can react swiftly and support clients in making decisions about their business.

Bookkeeping, account reconciliation, and tax preparation for insurance companies are just a few of our offerings. Our team can take care of all your daily accounting and bookkeeping tasks with our revolutionary insurance agency accounting software so you can focus on running your business efficiently. Additionally, we can easily set -up the new accounting software of your choice, train your staff, and assist you in using it in-house. We can keep track of your insurance bookkeeping on a month-to-month, quarterly, or yearly basis. We make sure that our customers gain sufficient control over their accounts, with regular follow-ups on outstanding invoices and comprehensive reporting on account activities.

Our accounting services for Insurance allow customers from different market segments (Person Lines, Business Lines, General Liability or Health Insurance, etc.) to manage crucial finance functions that impact their business ROI. By outsourcing, insurance companies can get a handle on their insurance premium accounting, payment collections, and overall expense ratio. As part of insurance accounting, we offer the following solutions –

  • Invoice delivery
  • Maintaining accessible records of insurance premiums
  • Payment follow-ups
  • Generation of categorized invoices
  • Generation of Accounts Receivable transaction statements
  • Simplified cash application process
  • Maintenance of all revenue stream records

We can take your business model to new heights and improve cash-flow without the accumulation of bad debts. We help insurance brokers to effortlessly handle financial functions as we take care of insurance accounting and billing services so that error-free and cohesive invoices can be submitted to insurance carriers. Additionally, we send payment reminders to your clients, receive payments for the invoice, and catalogue AR invoices for reporting account functions.

For a detailed discussion, please contact us at info@acc-cy.com or call us on +357 25 332 177

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