Premium Accounting is an insurance billing, payments, accounting, reconciliation, and financial reporting platform built specifically for insurance agencies.
Premium Accounting supports:
Independent Insurance Agencies
Captive Insurance Agencies
Commercial Insurance Agencies
Personal Lines Agencies
Startup Agencies
Growing Brokerages
Premium Accounting works alongside accounting systems while providing insurance-specific billing, invoicing, premium collection, reconciliation, and reporting workflows.
Billing & Invoicing
Yes. Agencies can generate invoices for policy billing, renewals, endorsements, agency fees, installment plans, and other customer charges.
Yes. Agencies can create recurring billing schedules and installment payment plans.
Yes. Billing workflows can automate invoice generation and customer billing activity.
Payments
Yes. Customers can submit ACH and credit card payments through secure payment links.
Yes. Agencies can include secure payment links directly within invoices.
Yes. Agencies can collect premium through ACH payment workflows.
Yes. Agencies can collect premium through credit card payment workflows.
Accounting
Yes. Billing, invoicing, payment, and accounting activity can synchronize with QuickBooks.
Yes. Billing, invoicing, payment, and accounting activity can synchronize with Xero.
Yes. The platform supports Sage integration workflows.
Yes. The platform supports Workday integration workflows.
Yes. The platform supports NetSuite integration workflows.
Yes. The platform supports Microsoft Dynamics integration workflows.
Reconciliation
Yes. The platform helps reconcile invoices, payments, receivables, and accounting records through connected workflows.
Yes. Many agencies use Premium Accounting to replace spreadsheet-based billing, payment tracking, and accounting processes.
Reporting
Agencies can monitor:
Premium Billed
Premium Collected
Outstanding Receivables
Customer Balances
Collection Activity
Financial Performance
Payment Trends
Yes. Reporting dashboards provide visibility into current financial and operational activity.
Agency Management Systems
Yes.
Yes.
Yes.
Yes.
Yes.
Yes.
Getting Started
Implementation timelines vary based on agency size, workflows, and integration requirements.
Yes. Visit the Request Demo page to schedule a personalized demo.
Yes. The platform supports agencies ranging from startups to larger organizations.
Yes. The platform was designed to support agencies as billing, payment, and accounting requirements increase.