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Insurance and Underwriters

Industry Solutions

With both risk management and FSA compliance being top priorities for many finance professionals today, Underwriting companies are talking to Sapphire about how they can cost-effectively manage their ever increasing compliance and reporting burdens.

In addition to regulatory concerns, many companies now find that cost-effective technology has removed many barriers to entry and allows agile new entrants - with a relatively small investment - to erode market share.

To succeed in today's business climate you need flawless service delivery, and superior client management - meaning that the more agile you are, the more reliable you are, and the more flexible you are… the better your chances of success in today’s marketplace.

But such business execution doesn’t come without risk. Today’s highly competitive environment and razor-thin margins demand that your company maintain tight financial discipline. In other words, how can you guarantee that this flexibility and speed won’t backfire, raising costs and hurting profitability?

Sapphire’s range of solutions offer capabilities for:

	Full financial accounting, business and performance management capabilities.
	Seamless interfaces to Underwriting / Broking and Front of Office Systems.
	IAS / IFRS compliance.
	Periods to be kept open for as long as you wish - allowing for three year accounting.
	A range of inbuilt reporting packs to deal with a range of FSA Compliance reporting.
	Unlimited numbers of currencies within each account and each ledger.
	Full consolidation of separate ledgers for group/company reporting.
	An integrated management information system which allows you to drill into all your finance information - right through to transaction detail.
	Highly flexible and powerful analysis and reporting capabilities to provide full opportunity reporting to enable speed to market decisions.
	Better, faster collection and monitoring of financial information for improved control of overheads

For more information on the solutions that can fulfil these requirements please visit our products and solutions section. 

If you are interested in seeing any of our product and services in action, why not check our current events section for further information?

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