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Accounting Process

Accuracy Rate> 98.51%

Accounting Process

Traditionally, many insurance companies handle insurance accounting processes in-house, which is the most repetitive, important and sensitive job for their agency staff. There is an ongoing trend in the insurance industry to offset the costs of doing business by farming out some of the accounting work to outsourcing service companies with a lower cost of labor and more professionals.

Cover Operation professionals can offer various accounting service including bookkeeping, account reconciliation, tax preparation, as well as other accounting operations for the insurance industry. Farming out such services to us will enable insurance companies, brokers and agent partners to have new approaches to optimize business efficiency and reduce cost of staffing.

Overview of Accounting Services:

Each Staff Productivity

Make the best use of time for your experienced people, remove the repetitive and low-value tasks. See what we can do, and also make your daily process more accurate, efficient and cost-effective.

One Day
png1
20 - 1
Certificate of Insurance
2b
1
Documents Retrieval
3b
1
Cancellation/Reinstatement Notice
4b
1
Endorsement
5b
4 - 1
Policy Checking
6b
1
Direct Bill Entry
One Month
png1
416 - 1
Certificate of Insurance
2b
1
Documents Retrieval
3b
1
Cancellation/Reinstatement Notice
4b
1
Endorsement
5b
83 - 1
Policy Checking
6b
1
Direct Bill Entry
One Year
png1
4494 - 4494
Certificate of Insurance
2b
1
Documents Retrieval
3b
1
Cancellation/Reinstatement Notice
4b
1
Endorsement
5b
998 - 998
Policy Checking
6b
1
Direct Bill Entry

Business Lines

n1

GKLL

n8

EPLI

n3

E&O

n4

Equipment Breakdown

n5

Flood

n6

Transportation

n7

Watercraft & Boiler Machinery

n8

Pollution

n9

Professional Liability

n10

Employee Benefits

n11

Liquor

n12

Builder's risk

n13

Watercraft & Boiler Machinery

n14

General Liability

n15

Business Auto

n16

Property

n17

Workers’ Compensation

n18

Garage

n19

Umbrella

n20

Inland Marine

n21

Contingent Leasing

n22

Personal Auto

n23

Homeowners

n24

Glass Coverage

n25

Life & Health

n26

Dealer Open Lot

n27

Crime

n28

Personal Liability

n29

D&O

n30

EDP

Insurance Management Systems