Collection to close, done for you.
ABO runs your insurance finance operations — billing, client money, insurer settlement and bordereaux — between your policy system and your general ledger.
- Policy boundin your PAS
- Premium collectedcard or direct debit
- Cash allocatedto the policy
- Insurer settlednet of commission
- Journal postedin your GL
Insurance accounting still runs on spreadsheets.
Your policy system records the sale. Your GL records the totals. Everything in between — allocating cash, reconciling insurer statements, keeping client money compliant, producing bordereaux — is done by people in Excel.
UK firms posted 566 job ads for IBA and technical-accounting roles in the last 12 months — and half still ask for Excel.
One layer between your policy system and your GL.
Connect.
We take policy events from your policy system — new business, adjustments, cancellations — and card or direct debit payments from wherever you collect them.
We run it.
ABO posts every event as balanced double entries, allocates cash, keeps client money segregated, and settles insurers on time.
You close.
Clean, dimensional journals land in your own GL, with bordereaux and statements ready for insurers and auditors.
See the month before it happens.
Screens show a demonstration client with synthetic data.
The work, not the software.
Billing and collections
Instalment schedules, direct debits, and card payments you already take at checkout.
Cash allocation
Every receipt matched to its policy. Nothing left in suspense.
Client money
Segregated and reconciled continuously, to CASS 5 standards, in every currency.
Insurer settlement
Premium, tax and commission split at source and settled on time.
Bordereaux and statements
Generated from the same ledger as your accounts, so they always tie.
Your GL, kept clean
Journals posted to Sage Intacct as drafts for your approval, with more GLs to follow. Tagged by insurer, binder and currency.
Insurer finance software wasn't built for you.
Most insurance finance automation is built for carriers and Lloyd's managing agents, and sold as software your team implements and runs. Intermediaries have a different job: collecting premium, protecting client money, paying insurers and every layer of distribution, and filing tax for each legal entity. ABO is built for that job, and we run it for you.
Finance data platforms tidy up the numbers after the fact. ABO is where your premium, client money and commission are accounted for in the first place, and we run it for you.
Your systems stay. The spreadsheets go.
Keep your bank, GL and auditor.
ABO holds only premium in transit and settles it out.
People check the agents.
AI does the volume work; qualified insurance accountants verify it.
Every figure traces back.
Any number in a statement links to the policy event behind it.
Multi-currency from day one.
GBP, EUR and USD client money kept separate, never converted without a decision.
Priced per policy. Not per seat.
You pay for policies administered, collections made and statements produced. No licences, no seats. As your volume grows, our cost per policy falls — and so does your fee.
Built for insurance intermediaries.
- MGAsgrowing faster than their finance team.
- Embedded insurance programmesselling at checkout.
- Brokerswho want client money and settlement off their desk.
- Policy platformsthat want a finance layer for their clients. Partner enquiries welcome.
See your book run on ABO.
Book a 30-minute call. We will walk through a live example — from a policy being bound to the insurer being paid — and show you what your month-end would look like.
Book a call