Reconciliation Solution for
Insurance Brokers

Under growing regulatory scrutiny, the insurance sector must ensure accurate and compliant financial reporting. However, the complex nature and large data volumes linked to claims, policies, and premiums make reconciliation challenging.

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Common Use Cases of Data Reconciliation in Insurance

Ensure your financial statements are error-free and aligned with real-time data, reducing the risk of financial discrepancies.

Streamline the complex process of re-insurance reconciliation, enhancing accuracy and compliance.

Integrate data from disparate systems seamlessly, providing a holistic view of your operations.

Maintain precision in your general ledger, preventing financial misstatements and compliance issues.

Effortlessly reconcile dealer payouts, ensuring fair compensation and trust among partners.

Optimize the underwriting process by reconciling payments accurately, reducing risk exposure.

Enhance transparency and accountability when dealing with multiple entities within your organization.

Ensure the safety and accuracy of custodial assets, mitigating operational risks.

Identify and resolve duplicate claims promptly, preventing overpayment and minimizing fraud.

Our Key Clients


Our Reconciliation method

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Benefits of using Taxilla's Reconciliation Solution for Insurance Brokers

Seamless integration

Integrate with your source systems to eliminate the manual task of exporting the data and then uploading it Taxilla portal and vice versa.

Collaborative Tenancy

Work with shared ledgers and documents for reconciliation and collaborative dispute resolution across branches, departments, business units, and other sub-organisations.

BPM Alerts

Collaborate with configurable BPM across roles and tenants for transactional and batch data processing

Inbuilt Transformation & Validations

No more transformation of data before loading in the Taxilla platform. It loads the source data in its original format.

Configurable Matching Criteria

Flexibility to add any number of matching criteria for exact or probable matches.

Org & Sub Orgs

Tenant controls for ledger sharing and reconciliation across branches, departments, business units, and other sub-organisations.

Delight your customers and partners

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Enhanced customer experience and satisfaction

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Drive partner
engagement

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Better KPIs across the board

Frequently Asked Questions
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