Flexible billing cycles, payment plans, collections, and complete insurance accounting. All financial operations handled internally with regulatory compliance built-in.
Sol-Insure's Billing & Accounting module provides end-to-end financial management specifically designed for insurance operations. From premium billing through collections and comprehensive accounting, everything is handled within a single integrated platform.
Our embedded accounting engine handles all insurance-specific accounting requirements internally, including premium receivables, unearned premium, loss reserves, and statutory reporting—eliminating the need for external accounting system integrations.
All accounting functions are built directly into Sol-Insure. The system automatically handles premium recognition, commission accruals, reserve accounting, and generates all required statutory and GAAP financial statements—no external accounting system required.
Comprehensive billing and accounting for modern insurers
Configure unlimited payment plan options—monthly, quarterly, annual, or custom schedules. Support for down payments, installment fees, and automatic renewals.
Accept payments via credit card, ACH, wire transfer, check, or lockbox. Integrated payment gateway with PCI compliance.
Automated dunning workflows with configurable escalation. Track past-due accounts, manage payment arrangements, and handle cancellations.
Complete double-entry accounting with configurable chart of accounts. Automatic journal entries for all insurance transactions.
Statutory annual statements, GAAP financials, and custom management reports. Schedule P, Schedule F, and all required exhibits.
Automated commission calculations, statements, and payments. Support for sliding scales, contingent commissions, and overrides.
Our embedded accounting engine understands insurance financials:
Billing & Accounting connects all financial operations:
See how integrated billing and accounting can transform your operations.