As your insurance business grows, keeping books accurate and up to date can become increasingly time-consuming. Manual data entry, commission tracking, reconciliations, and month-end reporting can take your team away from clients and business development.
KnowVisory Global provides outsourced accounting and bookkeeping support for insurance agencies, brokers, and MGAs, turning complex financial transactions into clean, organized books, so you have a clear view of revenue, expenses, commissions, receivables, and profitability. With 15+ years of finance experience and CPA/CA-backed processes, our insurance accounting team handles the day-to-day accounting work behind your business and keeps your records current and reporting-ready.
Keep Commissions, Cash Flow & Financials in Sync
Insurance accounting involves a constant flow of commissions, carrier transactions, client payments, operating expenses, and reconciliations. When these records don’t stay aligned, it becomes harder to see what the business has earned, what is outstanding, and where money is going.
KnowVisory helps bring these financial activities together by:
- Recording and reconciling commission income, including contingent and profit-sharing commissions
- Matching carrier statements with accounting records
- Reconciling premium trust accounts so client premiums stay separate from operating cash
- Tracking agency-billed and direct-billed transactions, return premiums, and cancellations
- Keeping bank and credit card accounts reconciled
- Monitoring accounts receivable and outstanding balances
The result is a cleaner accounting process and more reliable financial information, giving you greater visibility into how your agency, brokerage, or MGA is performing.
Flexible Engagement Models To
Meet Your Business Needs
Fully Managed Model
Staff Augmentation
We build your team; no oversight in terms of service delivery.
Build-Operate-Transfer
We build & transfer fully functional teams for seamless operation.
Comprehensive Services Designed for Insurance Agencies & Brokers
- Insurance Bookkeeping Services
- Commission Accounting & Reconciliation
- Carrier Statement Reconciliation
- Bank & Credit Card Reconciliation
- Accounts Receivable Services
- Accounts Payable Services
- Premium & Commission Transaction Recording
- Expense Tracking & Management
- General Ledger Maintenance
- Month-End Close Services
- Financial Reporting
- Cash Flow Forecasting & Budgeting
- Payroll Accounting Support
- Tax-Ready Bookkeeping
Outsourced Accounting Services for Every Insurance Business
✔ Independent Insurance Agencies | ✔ Insurance Brokerages |
✔ Commercial Insurance Agencies | ✔ Personal Lines Insurance Agencies |
✔ Property & Casualty Insurance Agencies | ✔ Life & Health Insurance Agencies |
✔ Managing General Agents (MGAs) | ✔ Specialty Insurance Agencies |
✔ Insurance Advisory & Brokerage Firms | ✔ Multi-Location Insurance Agencies |
✔ Growing Insurance Businesses with Lean Finance Teams |
Ready to Strengthen Your Insurance Accounting?
Accurate books give you a clearer view of commissions, cash flow, expenses, and profitability. KnowVisory Global provides the accounting expertise and ongoing support you need to keep your financial operations organized as your business grows.
Let’s talk about how we can support your accounting function.
