In 1995, she assisted her agency in moving from AMS/ARC’s accounting batch system to Aetna’s Gemini System to AFW. A graduate of Purdue University in 1982, Kevin began his insurance career at the family insurance agency, Cardinal Insurance, in 1986. His primary task was to help his father with a computer that was given to the agency by one of their carriers. Seeing the potential in the technology, Kevin implemented a comparative rating program and launched the agency into the world of agency management in 1989. He purchased the agency in 1994 and made it 100% automated and “paperless” by closing all paper files into storage. In 2000, he implemented a customer portal to meet the growing demand for self-service options.
Advisory
Debbie is self-motivated and detail oriented with solid interpersonal skills, experience in fast-paced environments & possesses excellent project management skills and is committed to continuous improvement. Coffee Shop Accounting Flatworld Solutions has been a leading provider of accounting services for insurance companies and a series of other insurance services to its global clientele. Having been catering to the needs of the insurance industry clients for over 13 years now, we have gained enough experience to cater to the varying needs of the client. Through our insurance agency accounting expertise, we maintain your accurate accounts, regularly monitor and track your bookkeeping while significantly reducing complexity and delays in managing insurance accounts. Plus, we ensure complete privacy and confidentiality of your data at every step.
Related Insurtech Insights
Megan joined Angela Adams Consulting bringing over 6 years of independent agency experience. She began working in Marketing and Prospecting in 2011, then moved into Group Life & Health and servicing Commercial Lines at the same agency. In 2016, Megan moved to another independent agency working as a Producer and Account Manager for both Commercial and Personal Lines. He has also served on the National NetVU board of directors and was elected Chair in 1999. Kevin has worked with Vertafore on several R&D committees and beta projects, including PL Rating, CL Submissions, AMS360, Producer Plus, and more.
Financial Intelligence-in-a-Box
Our insurance practice can guide your organization to make smart, informed business decisions and find innovative financial solutions that can help drive growth and reduce risk. Reinsurance Data Extracts – We produce specialized data extracts for reinsurance carriers upon request and can customize our reporting to meet your specific needs. Our team stays updated with the latest industry regulations and standards. We implement insurance accounting strict compliance protocols and regularly review our processes. IAAB records your customer payments and regularly provides you with reports of unpaid balances.
Stephanie started with Angela Adams Consulting in 2018 as a Customer Service Representative. She is passionate about the industry and the opportunity to learn new things. IAAB monitors recording transactions your open agency bill premium payables for customer payments and pays the companies/brokers within a few days of receipt.
- Flatworld optimized the back-office functions by becoming cognizant of their concerns.
- WNS partners with 150+ global CFOs’ offices to co-create insights-led digital finance operations.
- As newer owners enter the market and owner responsibilities grow, Angela Adams Consulting’s expert team of Advisors has crafted a program specifically geared to tackle the challenges ahead.
- When you work with us, we’ll handle all your accounting functions so you can spend more time running the daily operations of your agency and less time worrying about the numbers.
- His primary task was to help his father with a computer that was given to the agency by one of their carriers.
- This is due to her experience with the Insurance Industry and passion for Insurance Agency Professionals.
- Do you feel it is too expensive and time-consuming to hire an in-house team of accounting and bookkeeping experts?
He is active in the AMS360 and WorkSmart PM&E groups where he has particular expertise. Miranda began her career in the insurance industry with a mid-sized independent insurance agency. She has been instrumental in assisting senior management with agency acquisitions, data migration projects, and building custom reports. She has been beneficial in creating efficiencies within agency work by developing and implementing agency workflows, procedural documentation, and training of agency employees. Miranda was active and served on the Board in her local NetVu Chapter for many years. Angela Adams Consulting introduced this platform to help agencies access our growing library of software-specific, on-demand, and live lessons.
Then, our experts curated a large selection of Microsoft Office, leadership, and sales classes to include that are ideal for agency personnel. The Academy can be branded and customized for subscription clients, including the addition of the agency’s content, custom learning plans, and the ability for agency supervisors to assign training and track progress. Training and development with Lighthouse Academy is streamlined, focused, and geared specifically for independent agency personnel. Are you struggling to find the right resources to manage the accounting function of your insurance firm?
Talk to Our Experts
- In today’s rapidly evolving insurance landscape, the significance of robust Finance and Accounting (F&A) services cannot be overstated.
- We have the experience and well-trained resources to provide you with a wide variety of insurance accounting services that will save you time and money.
- She has worked as the front office manager as well as a sub-agent assisting customers.
- Our clients benefit immensely from our 20+ years of experience in the Insurance domain across processes such as Financial Planning & Analysis, Reinsurance Accounting, Policyholder Accounting, Investment Accounting and Reporting.
- We help you navigate those challenges in the light of evolving market trends and demographic assessments.
- Margaret served on several Company committees, was an active member in the Red River Users Group and a member of the AMS360 NetVU Education Committee.
She works with agencies of many sizes to develop customized solutions to reach agency goals of increased profitability and efficiency. She has been a regular speaker at the NetVu National Conference and NetVu Chapter meetings nationwide. By outsourcing, you will not only save money of hiring an in-house team but also have more time to focus on your customers and provide them with better customer service. Flatworld Solutions is a leading insurance accounting services company and a one-stop-shop for all your accounting needs. We have the experience and well-trained resources to provide you with a wide variety of insurance accounting services that will save you time and money. At Bennett Thrasher, each insurance client receives attention from our most experienced insurance accounting professionals.
Insurance Software we use
We generate a wide range of customized financial reports, including balance sheets, income statements, cash flow statements, and more. Angela is a popular speaker at NetVU conferences whether it be a local Chapter meeting, virtual webex session or National Conference. This is due to her experience with the Insurance Industry and passion for Insurance Agency Professionals. She has held various positions with Carriers including System Interaction Specialist, Personal Lines Underwriter, Commercial Lines Underwriter. In 1992 Angela became a Licensed Property & Casualty agent for a large Brokerage firm in the Washington area specializing in Financial Products before joining Vertafore in 1996.