Beyond Excel: Automating Financial Operations for Alternative Risk Companies

Many captive insurance companies and other alternative risk organizations are growing rapidly, while their critical financial operations still depend on Excel spreadsheets, Word templates, QuickBooks, NetSuite, and disconnected systems. In this DICEUS webinar, industry experts explore how financial operations automation and purpose-built captive insurance software can help captive managers, risk retention groups (RRGs), protected cell companies, program administrators, and fronting carriers move beyond Excel and scale their operations more efficiently. The discussion addresses common captive insurance accounting and financial reporting challenges across the alternative risk transfer ecosystem, including manual journal entries, fragmented loss run and investment data, bordereaux reconciliation, premium and expense allocation, board pack preparation, participant statements, statutory close, tax reporting, regulatory filings, delegated-authority evidence, and incomplete audit trails. You’ll learn: • Where spreadsheet-based processes create operational, audit, tax, and compliance risks • What drives alternative risk organizations to replace Excel-based financial workflows • How growth, system changes, audit findings, and key-person dependency expose operational weaknesses • What scalable and automated captive insurance financial operations look like • How modern captive accounting software connects policy, ledger, allocation, investment, and reporting data • How configurable accounting rules, automated data flows, and a centralized ledger improve financial control • How automation supports audit readiness, regulatory compliance, and a faster statutory close • How captive managers can add new clients, entities, programs, or cells without increasing headcount at the same rate The webinar also examines how an Alternative Risk Operating Platform can support captive financial operations by automating premium accounting, multi-entity allocations, investment accounting, financial reporting, board packs, participant statements, and audit-ready evidence through a single connected financial system with a centralized ledger and full audit trail. Speakers: Mikhail A. Raybshteyn — Managing Director at Alvarez & Marsal, specializing in insurance tax, captive insurance consulting, and alternative risk finance strategy Illia Pinchuk — CEO and Founder of DICEUS Kateryna Monastyrska — Head of Insurance Technology Solutions at DICEUS and webinar moderator This conversation is relevant to captive insurance executives, captive managers, CFOs, Controllers, Finance Managers, RRG leaders, protected cell administrators, program administrators, fronting carriers, and insurance professionals looking to modernize financial operations, improve audit readiness, and reduce spreadsheet dependency. Learn more: Website: https://diceus.com/ Connect with us: LinkedIn:   / diceus   #CaptiveInsurance #CaptiveManagement #InsuranceAutomation #AlternativeRisk #InsurTech