Insurance · Finance & Accounting

Samso Industry Demo · Updated May 2026

Finance & Accounting for Insurance

P&C carrier finance is the combined-ratio bridge, IBNR + reserve adequacy, statutory + GAAP close, and the underwriting-result attribution by line. Samso runs the close cycle, schedule P, and reserve-development analytics for a $310M specialty carrier with 38.5K policies in-force across 5 states.

Function KPIs · how the finance org reads its own week

Days to monthly close

9

−2 days LTMStatutory + GAAP · 4 LOB consolidation

Combined ratio

97.4%

vs 95% targetLoss 64.2 + LAE 5.8 + Expense 27.4

Loss + LAE reserves

$420M

+$18M LTMGross of reinsurance · IBNR strengthening on auto BI

Underwriting profit

$7.6M

−$2.1M YoYMargin compressed by commercial-auto loss creep

Monthly earned premium / loss + LAE / UW expense - last 12 months with cumulative combined ratio overlay

MONTHLY · EP / L&LAE / UW EXP · $M · MAR 2026 LAST ACTUAL · APR–MAY 2026 FORECAST

012.52537.550FLOW · $M989797COMBINED %ACTUALFORECASTJUNJULAUGSEPOCTNOVDECJANFEBMARAPRMAY

Premium

Earned premium (4 LOB · 38.5K policies)

Cost components

Loss + LAE incurred (claims cost)Underwriting expense (acquisition + ops)

Twelve services · sized to insurance

Each tile is what Samso runs in this function for a insurance org.

01 · Service

Financial Statements & Schedules

GAAP IS/BS/CF + statutory blanks + Schedule P loss-development triangles drafted from policy + claims systems - board pack on day 9, not 18.

Days to issue

9

Source systems

6

Schedule P triangles

12

02 · Service

Department-Level Budgeting

Underwriting, claims, agency-mgmt, IT, and corporate budgets with policy-count + premium-mix drivers - one rollup the CFO defends to the board.

Cost centers

16

Driver assumptions

58

Variance to plan

+1.4%

03 · Service

Headcount & Compensation Planning

340-FTE roster across claims, UW, agency mgmt, ops, and corp - adjuster license tiers, UW comp bands, and incentive-comp math wired to plan.

FTE today

340

Open reqs

26

Plan year-end

362

04 · Service

Cash Flow Forecasting

Premium receipts, claim-payment ladder, ceded reinsurance recoverables, and investment-portfolio cash - 13-week view with reinsurance cash timing.

Forecast acc.

92%

Scenarios

4

Reinsurance cash

Modeled

05 · Service

Revenue Forecasting

Premium-written bridge from new business, renewals, rate actions, and exposure changes - the model that catches retention slip 2 quarters before it hits earned.

DWP plan

$310M

Persistency

88.2%

Rate action

+4.2%

06 · Service

Board Reporting

Quarterly deck from policy admin + claims + GL - premium, combined ratio, reserve development, and portfolio yield on one set of numbers.

Board cycle

Quarterly

Auto-pulled charts

26

Hours saved/cycle

32

07 · Service

Pitch Decks & Investor Materials

A.M. Best + reinsurer + lender deck maintained as live artifacts - refreshed quarterly without rebuilding from Schedule P pulls or actuarial memos.

Deck status

Q2 26

Data room files

180

Last refresh

Apr 2026

08 · Service

Interactive KPI Dashboards

Live dashboards over combined ratio, loss + LAE, claim cycle, persistency, and policy count - the same numbers UW, claims, and CFO walk into review.

Dashboards

11

Refresh cadence

Daily

Source systems

6

09 · Service

Sensitivity & Scenario Modeling

CAT load, severity-trend, rate-adequacy, and reinsurance-tower scenarios on combined ratio and surplus - flip a switch to see what +5pp loss does to RBC.

Scenarios live

5

Assumptions shared

28

10 · Service

Valuation Model (DCF & Comps)

DCF + price-to-book + specialty-P&C comp set kept current - the input strategic-acquirer, reinsurer, and rating-agency conversations run off.

Comp set

12 carriers

P / BV range

1.2–1.8×

11 · Service

Three-Statement Modeling

Linked IS / BS / CF with reserve roll, premium ladder, ceded reinsurance, and investment portfolio modeled - pressure-tested every quarter against actuals.

Forecast horizon

5 yr

Reserve roll

Modeled

12 · Service

Monthly Close Checklist & Reconciliations

Auto-recs across policy admin ↔ claims ↔ billing ↔ GL ↔ reinsurance - what compresses close from 18 to 9 days across 4 LOB.

Close days

9

Recs managed

22

What you get · every week & every month

Concrete deliverables, not just dashboards.

Deliverable

Weekly reserve + loss-trend memo

Every Monday: loss + LAE development by line, IBNR moves, severity trend on commercial auto, and what shifted vs last week's actuarial estimate - to CFO + CRO inbox.

Deliverable

Monthly close package (day 9)

Statutory + GAAP IS / BS / CF + 4-LOB underwriting result + reinsurance cessions schedule + Schedule P triangle update - board-ready by day 9.

Deliverable

Quarterly reserve-adequacy + RBC pack

Loss-development triangles, IBNR posture, RBC ratio, and reinsurance-tower stress - refreshed quarterly with actuarial sign-off and sensitivity modeling.

Deliverable

Always-on combined-ratio dashboard

Live combined ratio by line + segment + state, with loss + LAE attribution and rate-action vs trend tracker - refreshed daily on the CFO + CUO desktop.

Insurance · Finance & Accounting

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