Trintech for Insurance
Insurance providers are facing rising transaction volumes, complex data sources and regulatory complexity, but their operations and accounting teams are often stuck using legacy tools. With Trintech, all that can change.
Insurance Accounting Automation Software Trusted by Leading Providers
Trintech powers AI reconciliation and financial close automation for the world’s leading insurance providers, including State Farm and MetLife, with the ability to handle millions of policy, claim, cash and premium transactions daily. Our automation software delivers unmatched speed and accuracy while users remain in control, ensuring ongoing auditability and compliance. From daily claims processing to balance sheet certification, Trintech provides the foundation for daily visibility and decision making all the way through to a truly connected close.
Real Results from our Insurance Customers
Financial Close Automation Use Cases for Insurance
Premium Billing & Cash Application Reconciliation
Match premium invoices, policy billing activity, collections, lockbox receipts, and bank postings to identify breaks, resolve exceptions, and ensure premiums are accurately applied to the correct policies.
Claims Payment Reconciliation
Reconcile claims payments across claims systems, disbursement platforms, clearing accounts, and bank statements to identify breaks, resolve exceptions, and ensure claims are paid accurately and on time.
Broker / Agent Commission Reconciliation
Match policy premiums, commission calculations, accruals, and payments across policy administration systems, commission platforms, and the general ledger to identify breaks, resolve exceptions, and ensure accurate agent compensation.
Reinsurance Settlement Reconciliation
Reconcile ceded premiums, recoverables, settlements, and balances across reinsurance systems, broker statements, and the general ledger to identify breaks, resolve exceptions, and ensure accurate reinsurance accounting.
Investment & Custody Reconciliation
Match investment trades, positions, income, and custody statements across portfolio systems, asset managers, custodians, and the general ledger to identify breaks, resolve exceptions, and ensure accurate invested asset balances.
Discuss Your Needs with Us Today
Transform Your Reconciliation Workflows with Trintech
Reduce Workloads and Complexity with Insurance Accounting Automation Software
Automate High-Volume, Multi-Source Reconciliations
Reconcile millions of complicated transactions across policy administration, claims, premiums, commissions, and payments in near real time.
Support Operational and Financial Integrity
Reconcile IFRS 17, GAAP, and Solvency II reporting balances with full traceability from source systems to general ledger.
Audit Ready in Real Time
Meet complex audit and compliance demands by automating reconciliations, certification workflows, and regulatory reports across global entities with built-in audit trails and risk-based automation.
AI Journal Entry for Finance Teams
Streamline journal entry creation with AI that intelligently suggests, auto-populates, and routes entries for approval — reducing manual input, rework, and compliance risk.
Dive Into the Details with Exception Workflows That Work
Unlike balance-level tools, Trintech enables true transaction-level matching, pinpointing discrepancies across complex account types — such as suspense, custodial, Fed rec.
Focus on High-Risk Reconciliations
Trintech’s Dynamic Account Maintenance feature helps you dynamically identify risk and perform bulk reconciliations on low-risk accounts, so your team focuses their time on more important, high-risk accounts.
“Before we started using Trintech, we were utilizing a bank rec module on our old ERP solution and it was only able to make 1:1 matches…We had a 25-30% auto match rate and it was mostly just check numbers. When we moved to Trintech…our goal was 75% [matching] and we got it over 96%.”
“[Trintech’s solutions are] not so technical that you need to be a coder – they’re user friendly and the pricing was reasonable. The various functionalities for many different types of matching, including one-to-one, one-to-many, and many-to-one, are vital for us.”
“Our team is made up of intelligent individuals who were wasting time on administrative work. Implementing [Trintech] freed up their time, so the reception to the solution was very positive.”
Real Results. Real Impact.
Pan-American Life Insurance Achieves a 97% Bank Rec Match Rate
Highlights
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97% auto-match rate for bank reconciliations, eliminating manual matching and significantly reducing reconciliation effort and close time
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Faster, more accurate financial close with Trintech’s advanced matching, logic and speed
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Avoided costly rework, improved system connectivity, and enabled future growth through Trintech’s integration with Workday Financials
The relationship between Trintech and Workday is going to help make time count for our company because we don't have to rebuild processes that we've almost perfected in Cadency.
Watch TestimonialLeading Insurance Provider Leverages Trintech to Revolutionize Reconciliation Processes and Gain Valuable Insights
Highlights
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Standardized and centralized 100% of balance sheet reconciliations
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Scaled operations without increasing costs or headcount
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Stronger financial confidence through data-driven insight
Automation [with Trintech] has enabled us to reduce our headcount across the team…As we’ve grown and acquired new companies, we’ve been able to absorb work without adding headcount.
Read Case StudySelectQuote Gains Complete Visibility and Control into Their Reconciliation and Financial Close with Trintech
Highlights
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Real-time dashboard provides full visibility and control across 300 accounts and 200 tasks
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Complete documentation trail makes it easy for auditors to find what they need
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Time savings throughout the month-end close with removal of manual work
A central dashboard showing us 15 accounting professionals are working on a checklist of 100 items allows us to clearly see whether a task is a dependency for something else or if there are any blockers, so the visibility was a huge win.
Read Case StudyWestern & Southern Financial Group Consolidates Six Insurance Companies to Achieve a World-Class Financial Close
Highlights
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Accelerated the financial close by automating up to 80% of general ledger reconciliations and 70% of high-volume transaction matching
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Improved visibility, control, and compliance with real-time reporting and risk visibility across more than 7,000 monthly reconciliations
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Decreased escalation to financial reporting by nearly one month through reconciliation-by-exception workflows
The relationship between accounting and operational activities has historically been a “pitch-this-over-the-wall” exercise. There’s never enough transparency. But we’re changing that with Trintech’s solutions. They offer us real-time visibility into these activities that we just didn’t have before.
Read Case StudyRelevant Videos
The AA Finds Reconciliation and Audit Confidence with Trintech
Pan-American Life Insurance Perfects Their Close Process with Trintech
Trintech and Your ERP
Trintech offers certified, direct ERP connectors for providers such as Workday, SAP, Oracle and Microsoft Dynamics, so ERP integration is faster, easier and more secure.
Featured Content — Financial Close Automation for Insurance
Frequently Asked Questions
How does insurance accounting automation software handle high transaction volumes?
Insurance organizations process millions of policy, claim, and payment transactions daily. Trintech’s insurance accounting automation software is designed for transaction-intensive environments, enabling multi-source, transaction-level matching at scale. Automated rules, exception workflows, and AI-driven prioritization allow teams to focus on high-risk items while low-risk transactions are reconciled automatically.
How does reconciliation automation improve insurance finance operations?
Reconciliation automation for insurance replaces spreadsheet-based processes with standardized, controlled workflows. Trintech improves insurance finance operations by increasing auto-match rates across premiums, claims, and cash, reducing manual investigation of low-risk items and strengthening controls and audit readiness across entities.
How does Trintech differ from ERP-based insurance financial software?
While ERPs manage core transactions, they often lack advanced reconciliation automation and close controls needed by insurance providers. Trintech complements insurance industry financial software by adding transaction-level matching, exception workflows, risk-based automation, and real-time close visibility—without requiring complex customizations or heavy IT involvement.
Is Trintech suitable for large, global insurance providers?
Yes. Trintech is trusted by many of the world’s largest insurance organizations and is built to support global, multi-entity environments. The platform scales to handle hundreds of millions of transactions, supports complex regulatory requirements, and provides centralized visibility across regions—enabling insurance finance teams to operate efficiently and confidently at scale.
Can Trintech support IFRS 17, GAAP, and regulatory reporting for insurance?
Yes. Trintech supports insurance organizations operating under IFRS 17, GAAP, and Solvency II by providing full traceability from source systems through to the general ledger. Automated reconciliations, certifications, and audit trails help ensure regulatory compliance while reducing manual effort and audit risk.