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Insurance Treasury Management

UMB recognizes that the insurance industry is highly focused on managing risk and regulatory requirements. Our experience working with insurance companies helps us understand the importance of managing regulatory reporting, improving risk assessment and setting adequate reserves. UMB offers industry-leading solutions that assist in real-time information reporting, as well as services to prevent fraud.

UMB provides solutions for insurance companies that focus on the following: 

  • Regulatory & Risk Assessment -- Financial managers and organization leaders need to have transparency in reporting to maintain integrity, and to be able to spot opportunities or concerns proactively.
  • Setting Adequate Reserves -- Estimating reserves against claims on insurance is a very complex formula that requires a bank provider to offer short- and long-term liquidity options to suit business demands.
  • Fraud Protection and Efficiencies -- Insurance companies are risk averse by nature, and are always looking for improvements to the bottom-line, including operational efficiencies. 

For more information, please contact us via phone or email.