Financial and Technical Accounting

Expert Advice, Specialist Implementation, Financial Compliance

Why choose Pro?

Accelerating cashflow, maximising reinsurance recoveries, releasing redundant reserves or recovering bad debt all benefit your bottom line. We have the highly specialised resource you need to resolve discrete problems or to provide flexible ongoing support.

Pro can build out a flexible technical accounting solution that will make meeting regulatory requirements more cost effective.

  • Financial Accounting
  • Technical Accounting and Loss Fund Audits
  • Cash Management
  • Credit Control & IBA
  • Static Reserve Reviews
  • Intermediary Support

Credit Control & IBA

Capital efficiency is crucial in today’s market. Effective collection practices lead to enhanced cash flow management and efficient capital re-allocation. We can help you maximise your premium and reinsurance assets by speeding up debt collection with specialist professionals to complement existing credit control and IBA teams or we can provide a team to manage it under pre-agreed service levels.

Contact us for help with:

Billings, statements and collection; bank recs and cash matching; aged debt reviews and reporting; bad debt and broker trapped cash recovery; commutations.


Unallocated Cash Clearance

The underlying structure of an insurance business can create an unallocated cash problem, through manual allocation and mismatches caused by system constraints, ineffective accounting and/or legacy system migrations. Pro can deliver cash clarity through its 3-step resolve, remodel and maintain approach, and improve overall liquidity.

Contact us for help with:

Legacy system migrations; inherited unallocated cash through M&A; better controls and unallocated cash monitoring; unallocated cash resolution designing and testing new processes.


Technical ceded reinsurance

Every Insurer wants to maximise their reinsurance assets but not all of them make it happen. Through the effective management of your reinsurance programmes Pro can accelerate recovery and help you get the most out of your reinsurance assets. Our experts have experience of a wide range of reinsurance systems and a proven track record in resolving technical reinsurance issues through forensic audit and analysis to identify any missed reinsurance and process improvement.

Contact us for help with:

Review and reconstruction of reinsurance programmes; dispute resolution; day-to-day calculation, processing and billing; reconstruction of client or broker files; commutations.


Intermediary Support

Our broker support services free you up to work on core revenue-generating activities, whilst improving your customer experience. We can help with your technical processing through to settlement as well as management insight and compliance.

Contact us for help with:

Finance and compliance support, virtual broker offerings, flexible systems implementation, process monitoring, data cleansing, client money handling (CASS5).


Technical & Financial Audits

Governance, regulation and compliance can be a costly business. As one of the largest providers of audit services to the Lloyd’s and company markets, our team has practical experience financial in technical accounting that will keep you compliant, protecting your reputation and your bottom line.

Contact us for:

Technical accounting audits; loss fund audits, cyber audits, process reviews; security reviews; AML and financial crime.
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Country-specific Specialist Solutions

We know that different markets have different specialisms. We’ve spent 28 years tailoring our specialist expertise for multiple regulatory landscapes and in multiple languages.

Case Study

Cash allocation mission impossible? Not for Pro!

The experts at Pro were drafted in to tackle a significant backlog of unallocated cash at a leading insurer - a challenge that arose due to under-resourcing, but resulting in a successful and ongoing outsourcing partnership.

Meet some of our specialists

Richard Emmett

Head of Insurance Services

UK

Dani Rosser

Operations Leader - Technical Accounting

UK

Mike Dalzell

Head of Group Assurance

UK

Susan Lee

VP, Finance

USA

Lorraine Mojica

US Head of Audit

USA

Andrew Donnelly

Chief Financial Officer

UK

Chris Everson

Chief Operations Officer

UK

Maria Florencia

Insurance Services Manager

Latin America

Jerry Perrins

Commercial Director

UK

Svetlana Salamatin

Operations and Finance Assistant

Europe

Andrew Smith

Senior Consultant

UK

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